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Suburb Insights · VIC 3216

Mount Duneed, VIC 3216 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Mount Duneed is a coastal suburb in Victoria, Australia, with a population of approximately 6,182, making it a smaller community. Located approximately 75 km from the Melbourne CBD, Mount Duneed is a coastal area in Victoria. The median household income is $118,248 per year.

Investment Score

68 / 100 Good

Mount Duneed benefits from a high-income resident base, supporting premium property pricing. Coastal lifestyle appeal adds a premium that supports long-term demand.

Location

Melbourne
Mount Duneed
Victoria · 3216
75 km from Melbourne CBD
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Key Indicators

Postcode
3216

Official Australia Post postcode for Mount Duneed. A postcode may cover multiple suburbs.

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Population
6,182

Usual resident population at the most recent census.

Median weekly rent
$446/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$118,248/yr

Annual median household income (before tax) across all households.

Distance to CBD
75 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$1,983/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
90% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Mount Duneed

Who Mount Duneed Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the Victoria median — stretch goal.
💼ProfessionalsAround 75 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Solid transport links into employment hubs.
  • Coastal lifestyle attracts renters and owner-occupiers alike.

Cons

  • Long distance to the CBD (75 km) — plan for commute time or local employment.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

6,182 residents places Mount Duneed squarely in the middle of the Victoria suburb size distribution (state median 7,416), with market depth comparable to most VIC localities. Median household income of $118,248/year runs 24% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $446 equates to $1,933/month — about 97% of the median mortgage repayment of $1,983/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Mount Duneed is 75 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Investment Tip

Coastal markets benefit from lifestyle appeal but require a buffer for higher insurance and occasional weather-driven vacancies. Local rents consume roughly 20% of household income — a useful sanity check on tenant affordability.

Mount Duneed vs Victoria Median

How Mount Duneed stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Mount Duneed sits above the state median; negative means below.

MetricMount DuneedVIC medianΔ vs state
Population6,1827,416-17%
Median household income$118,248/yr$95,160/yr+24%
Median rent (weekly)$446$380+17%
Median mortgage (monthly)$1,983$1,950+2%
Distance to CBD75 km32 km+134%
Separate houses90%78%+12pp

Investor Checklist

Pre-inspection briefing for Mount Duneed — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Solid buy-and-hold profile: a population of 6,182 and household income close to the VIC median ($118,248 vs $95,160) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.

Rental Yield

Strong rental coverage: $446/week (~$1,933/month) covers 97% of the $1,983/month median mortgage repayment, so the shortfall sits at just $50/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

A dwelling mix skewed to houses (90% vs 78% VIC median) combined with a population of 6,182 creates a deeper market for value-add renovations — older stock, separate titles and stronger buyer competition are the usual pattern here.

Risk Factors

Run the numbers on a Mount Duneed property

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30-year projections for Mount Duneed

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Mount Duneed should track the wider Victoria market through 2026, with the $118,248/year median household income (24% above the $95,160 state median) keeping the suburb firmly mid-pack. Rental coverage runs at ~97% of the typical mortgage ($1,933/month rent vs $1,983/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 68/100 places Mount Duneed in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Mount Duneed a good suburb for investment?

Mount Duneed scores 68/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 6,182, median household income of $118,248/year and median weekly rent of $446. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Mount Duneed?

The main demand drivers in Mount Duneed are an above-state-median household income of $118,248/year, a dwelling mix that is 90% separate houses, roughly 2 schools and 2 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Mount Duneed?

Mount Duneed has a usual resident population of approximately 6,182, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Mount Duneed from the Melbourne CBD?

Mount Duneed sits 75 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Mount Duneed?

The most recent census recorded a median weekly rent of $446 in Mount Duneed, equating to approximately $23,192/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Mount Duneed?

The median monthly mortgage repayment in Mount Duneed is $1,983, or approximately $23,796/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Mount Duneed cash-flow positive for investors?

A median weekly rent of $446 works out to $1,933/month, covering 97% of the median mortgage repayment of $1,983/month. That leaves a $50/month shortfall (around $600/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Mount Duneed?

The main risks are interest-rate sensitivity on the $1,983 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Mount Duneed profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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