Gundowring, VIC 3691
Inside Gundowring, VIC 3691's recent activity
Gundowring, VIC 3691 recorded one house rented in the last 12 months — too little to read a wider market from.
The most recent Census still shows who lives in Gundowring; that profile sits below.
Who lives hereA middle-income, mostly owner-occupied, family-oriented suburb — deeply settled, with a strongly professional workforce.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Gundowring 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 Gundowring 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 Gundowring?
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 Gundowring
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 Gundowring
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.0× 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 Gundowring
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 Gundowring
No school inside Gundowring itself — the closest options around it are shown. 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.
- No schools within 5 km — widen the radius.
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.
Gundowring median house price & rent
Headline price, rent, yield and time on market for Gundowring — 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.
Gundowring 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 Gundowring
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
Gundowring against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Gundowring 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. |
|---|
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. |
|---|
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.
Gundowring — Units & Houses, all bedrooms
Gundowring 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 Gundowring rose from $668k (Aug 2022) to $831k (Feb 2026) — +24.3% growth over 4 years — peaking at $1.35M between Feb 2024 and Jan 2025.
Suburbs near Gundowring: prices compared
The nearest suburbs to Gundowring, ranked by distance — each lined up against Gundowring on the same measures, so the differences jump out at a glance.
Frequently asked · Gundowring
11 data-driven answers about Gundowring's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costHow much does it cost to rent in Gundowring?
#The median weekly house rent in Gundowring is $387 as of June 2026. Current vacancy pressure is shown in the supply section above.
How much is rent for a 2 bedroom house in Gundowring?
#A 2 bedroom house in Gundowring rents for a median $387 per week as of June 2026. 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.
How the market is moving
Speed, supply, growth, cycle phaseHow active is the rental market in Gundowring?
#Gundowring's house rental market sits at 2.0 months of supply as of June 2026 — classified as Loose, with 1 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
About the area
Population, income, who lives here, schoolsWhat postcode is Gundowring in?
#Gundowring is in postcode 3691, in the North East region of VIC. Addresses there are written as Gundowring, VIC 3691.
What is the population of Gundowring?
#Gundowring, VIC 3691 is home to 106 residents (ABS Census 2021). The median resident age is 26, and the average household holds 1.6 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Gundowring?
#The median household in Gundowring earns $1k per week — roughly $78k a year (ABS Census 2021). Median personal income runs $742/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Gundowring?
#The unemployment rate in Gundowring 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 Gundowring?
#Gundowring 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 Gundowring?
#Gundowring has 8 schools within reach — including Upper Sandy Creek Primary School, Dederang Primary School, Kiewa Valley Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Gundowring a good place to live?
#Gundowring, VIC 3691 has a population of 106, a median age of 26, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 8 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 Gundowring market data last updated?
#This Gundowring 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.