Get a property report and suburb profile for any property in Doreen

Doreen is a semi-rural, family-oriented suburb on Melbourne’s north-eastern fringe, set among rolling hills, creeklines and pockets of native bush. It mixes modern housing estates with larger lifestyle blocks, so properties tend to have bigger yards and a quieter, more spacious feel than inner suburbs. Everyday life centres on small shopping strips, community facilities, parks, sports grounds and extensive walking and cycling trails, while road links along Plenty Road and bus connections to the Mernda train line make commuting practical.

About 27,122 people live in Doreen, with a median age of 33, and families make up the bulk of households. Most homes are owner-occupied. Recent and planned local works include the completed Bridge Inn Road Upgrade with a new four-lane bridge, upgraded intersections and shared paths, upgraded playgrounds, a planned splash park, a new amenity at Laurimar Community Activity Centre and a $5.387 million upgrade at Doreen Primary School.

At the last Census the median total household income in Doreen was $2,151 a week. With house rents around $570 a week, renting would take about 26.5% of a typical local household's weekly income at the last Census, a moderate share. The median house price of $833,000 is roughly 7.4 times a typical local household's annual income at the last Census, which puts buying well above what local households earned then. If you're weighing renting versus buying here, the rent share is the figure that will be most relevant to your situation.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months in Doreen, median house values rose 7.8%, a solid increase, while median house rents edged up 1.8%. For houses, capital growth has outpaced rental growth over the year. If rental income is your priority, the 1.8% rent rise is the relevant figure; if you are focused on price appreciation, the 7.8% change in values is the number to consider. Whether that balance fits your plans depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.