Ararat Rural City Council
Dunkeld
Dunkeld at a glance
Median house
$417,500
Median unit
$171,360
Walk score
16
Very car dependent
Population
967
Median age 47
The brief
What to know about Dunkeld.
Dunkeld (3294) sits in the Ararat region of Victoria. The median house here is $417,500, well below the Victoria median of around $850K.
Dunkeld has roughly 967 residents, with an established, older skew. Households are dominated by renters. Daily life is car-dependent: most residents drive to work, school and the shops.
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Day to day
What it’s like to live here.
Dunkeld scores 16/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 7 government primary, 1 government secondary, 3 Catholic, 3 independent.
Who lives here
Demographics.
The 2021 Census put Dunkeld's population at 967, with a median age of 47. That sits as an established, older skew.
Population
967
Median age
47
Family households
–
Lone person
–
Houses change hands at $417,500 on a typical sale, well below the Victoria median. Units come in around $171,360, roughly 59% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $84,000. Prices are well below the Victoria median, which keeps Dunkeld on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$417,500
+0.0% over the past year. Median unit price $171,360.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$220/wk
Weekly rent (unit)
$187/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$417,500
$171,360
967
Median age: 47
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For investors
Investment overview.
Gross rental yield on houses sits at 2.74% (median rent $220/wk against a $417,500 price tag). Units yield 5.67% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.74%
Based on $417,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20265.67%
Based on $171,360 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
8
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
16
0
30
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Dunkeld.
Local schools for Dunkeld
View the catchment for each school to find out more.
Government School Catchment
Dunkeld Consolidated School
Penshurst Primary School
George Street Primary School - Hamilton
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Dunkeld.
- What is the median house price in Dunkeld?
- The median house price in Dunkeld, VIC 3294 is $417,500. The median unit price is $171,360. Annual growth is +0.0%.
- What is the Dunkeld postcode?
- Dunkeld is in the 3294 postcode, in VIC, in the Ararat Rural City Council region.
- What is the average rent in Dunkeld?
- The median weekly rent for houses is $220, for units it's $187.
- What schools are in Dunkeld?
- There are 15 schools serving Dunkeld on this page, including Dunkeld Consolidated School, St Joseph's School, Tarrington Lutheran School.
- How walkable is Dunkeld?
- Dunkeld has a Walk Score of 16 out of 100, highly car-dependent. transit score 0, bike score 30.
- What suburbs are near Dunkeld?
- Dunkeld is close to Moutajup, Victoria Valley, Karabeal, Warrayure, Glenthompson.
- What is the population of Dunkeld?
- Dunkeld has approximately 967 residents. The median age is 47.
Dunkeld
Guides
Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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