Mount Duneed, VIC 3217
Mount Duneed property market
Most of Mount Duneed's activity is house rentals, with 451 leases (up 3.2%) at $565 a week (up 3.7%) as of July 2026, renting out in about 18 days (down from 24 days last year), one of the country's most in-demand house rental markets, with 4-bedroom the most common at around two-thirds.
House sales come next, with 313 sales (up 14.2%) at around $720k (up 1.3%), taking about 30 days to sell (up from 27 days last year), with 4-bedroom homes making up around 65%.
Who lives hereA high-income, mortgage-belt, family-first suburb — newcomer-heavy.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Mount Duneed demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Unlock the full report
Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
This report
- The complete Mount Duneed report
- 30 days of live access
- Download as a PDF
- Months of supply needs the add-on
Full access
- Unlimited suburb reports
- Near real-time + 5-year data
- 50+ dual-metric map views
- Demand cycle + market velocity
Already a member? Sign in
Who lives in Mount Duneed?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Mount Duneed
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Mount Duneed
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 1.8× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Mount Duneed
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Mount Duneed
2 schools inside Mount Duneed, plus the closest options around it. Families can choose from 2 primary schools in Mount Duneed and its surrounds — no high school sits within this radius. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Mount Duneed · 2Order by
- 1Mount Duneed Regional Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students315Multilingual50%ICSEA Rank50th
- 2Mirripoa Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students315Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Mount Duneed median house price & rent
Headline price, rent, yield and time on market for Mount Duneed — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Mount Duneed property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Mount Duneed
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Mount Duneed against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Mount Duneed in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Balanced | 2.7 | ▲ +1.5 | 11 | 50 | 4.2 | |
| Loose | 4.0 | ▲ +1.6 | 17 | 50 | 4.2 | |
| Loose | 4.3 | — | 18 | 50 | 4.2 | |
| Loose | 5.3 | ▲ +2.5 | 22 | 50 | 4.2 | |
| Loose | 5.6 | ▲ +4.2 | 23 | 50 | 4.2 | |
| Loose | 6.2 | ▲ +3.1 | 26 | 50 | 4.2 | |
| Loose | 6.6 | ▲ +2.6 | 28 | 50 | 4.2 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Tight | 0.4 | ▼ -1.6 | 5 | 142 | 11.8 | |
| Tight | 0.5 | ▼ -0.5 | 6 | 142 | 11.8 | |
| National typical | 0.7 | ▼ -2.8 | 8 | 142 | 11.8 | |
| Oversupply | 2.5 | ▲ +1.6 | 30 | 142 | 11.8 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Mount Duneed — Units & Houses, all bedrooms
Mount Duneed median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Mount Duneed rose from $390k (Jul 2021) to $611k (Jun 2026) — +56.7% growth over five years — peaking at $662k between Apr 2022 and Mar 2023. Median house rent went from $341/wk to $312/wk (−8.5%) over the same period.
Suburbs near Mount Duneed: prices compared
The nearest suburbs to Mount Duneed, ranked by distance — each lined up against Mount Duneed on the same measures, so the differences jump out at a glance.
Suburbs like Mount Duneed
Suburbs anywhere in VIC that behave like Mount Duneed — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Mount Duneed vs Armstrong Creek: the closest sales-market match trades at a median of $473k against Mount Duneed's $566k — about 16% lower, with homes selling in 23 days versus 20 days here.
Comparable sales markets to Mount Duneed: Armstrong Creek property growth, Lara, VIC property market, Capel Sound property market, Wollert property growth and Hastings property prices.
Mount Duneed's closest rental-market twins: Lara median house price, Armstrong Creek property growth, Wollert property growth, Capel Sound property market and Hastings market trends. Each link opens that suburb's full market report.
Frequently asked · Mount Duneed
25 data-driven answers about Mount Duneed's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Mount Duneed?
#The median house price in Mount Duneed, VIC 3217 is $566k as of June 2026, based on 59 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much does it cost to rent in Mount Duneed?
#The median weekly house rent in Mount Duneed is $377 as of June 2026, drawn from 61 leases over the past 12 months. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Mount Duneed?
#A 3 bedroom house in Mount Duneed rents for a median $377 per week as of June 2026, drawn from 61 leases over the past 12 months. Across other house sizes: 2-bedroom $377/week, 4-bedroom $377/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Mount Duneed?
#Gross rental yield in Mount Duneed is 3.28% for houses as of June 2026, compared with the VIC unit median of 2.86%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Mount Duneed?
#As of June 2026, Mount Duneed medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $566k | $566k | $566k | $566k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Mount Duneed median?
#At the median Mount Duneed house ($566k purchase, $377/week rent), weekly mortgage repayments sit at roughly $553 — about $176 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Mount Duneed's property market trends?
#Mount Duneed's property market trends to June 2026: house prices rose +50.0% year-on-year; weekly house rents moved +50.0%; homes now sell in a median 20 days — faster than a year ago by 11; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Mount Duneed market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Mount Duneed as an investment?
#As of June 2026 in Mount Duneed, house prices rose +50.0% over the year, gross rental yield is 3.28% against a VIC median of 2.99%, houses take a median 20 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Mount Duneed?
#Houses in Mount Duneed sell in a median 20 days on market as of June 2026. Days on market have tightened by 11 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Mount Duneed a tight or loose property market right now?
#Mount Duneed's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.
Have property prices in Mount Duneed gone up or down?
#House prices in Mount Duneed moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Mount Duneed?
#Mount Duneed's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 142 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Mount Duneed in its property market cycle?
#Mount Duneed's house market is currently in the 'in_demand_easing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Mount Duneed compare to other VIC suburbs?
#Mount Duneed's median house price ($566k) is 42% above the VIC median ($400k) as of June 2026. On selling speed, houses clear in 20 days vs 22 days state median. On gross yield, Mount Duneed sits at 3.28% vs 2.99% state median.
How does Mount Duneed compare to neighbouring suburbs?
#Mount Duneed's most-similar nearby market is Armstrong Creek (3.0 km away) with a median house price of $473k — about 16% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Mount Duneed?
#The most-transacted segment in Mount Duneed over the 12 months to June 2026 is 2 bed houses with 50 sales. 3 bed houses come second at 50 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Mount Duneed last year?
#Mount Duneed recorded 50 house sales and 50 unit sales over the 12 months to June 2026 — a combined 100 transactions. On the rental side, 142 houses and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Mount Duneed in?
#Mount Duneed is in postcode 3217, in the Geelong region of VIC. Addresses there are written as Mount Duneed, VIC 3217.
What is the population of Mount Duneed?
#Mount Duneed, VIC 3217 is home to 4,032 residents (ABS Census 2021). The median resident age is 21, and the average household holds 1.7 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Mount Duneed?
#The median household in Mount Duneed earns $1k per week — roughly $75k a year (ABS Census 2021). Median personal income runs $794/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Mount Duneed?
#The unemployment rate in Mount Duneed is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Mount Duneed?
#Mount Duneed is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Mount Duneed?
#Mount Duneed has 80 schools within reach, 2 of them inside the suburb itself — including Mount Duneed Regional Primary School, Mirripoa Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Mount Duneed a good place to live?
#Mount Duneed, VIC 3217 has a population of 4,032, a median age of 21, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 80 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Mount Duneed market data last updated?
#This Mount Duneed market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.