Real Estate Dargo Vic 3862

Real Estate Market: Is Dargo VIC 3862 a Good Suburb to Buy Into?

Housing Market in Dargo

Key Dargo Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Latrobe	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$484	Bottom 17%	138% to Apr 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Dargo

Dargo Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Dargo

41.0%

Latrobe

33.6%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Development applications	0	Bottom 38%	to 0 to Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	7 lots	Top 34%	Data for Mar 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	1	Top 42%	to Apr 2025

Housing Stock Quality in Dargo

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Latrobe	Trend
Houses	100.0%	Top 31%	Data for Jan 2021
Average bedrooms - all homes	2.1	Bottom 20%	48% to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Dargo

Dargo Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Dargo

22.4%

Latrobe

30.6%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Total area	190.0 sq km	Top 5%	Data for Jan 2021
Heritage overlay total area	0.2 sq km	Top 29%	Data for Jun 2023
Residential density	15200 sqm per resident	Top 12%	Data for Jan 2021

Risk in Dargo

Dargo Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Dargo

31.0

Latrobe

36.1

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Housing Affordability Index	28	Bottom 36%	Data for Jun 2023
Median monthly mortgage	$1,070	Bottom 11%	7% to May 2023
Rent Affordability Index (Houses)	80	Top 43%	Data for Jun 2023
Rent Affordability Index (Units)	76	Top 47%	Data for Jun 2023
Mortgage as a percent of income	28.5%	Top 20%	17% to Jan 2021
Mortgaged Dwellings	16.8%	Bottom 5%	14% to May 2023

Housing Demand in Dargo

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Dargo

50.8%

Latrobe

55.8%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	9650	Bottom 37%	16% to Dec 2036
Historical Population (SA3)	49300	Bottom 33%	26% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	46000	Top 28%	12% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Dargo

Dargo Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Latrobe	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$386	Bottom 11%	127% to Apr 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	80.3%	Top 28%	9% to Apr 2025

Accommodation Options (3)

LGA Details (1)

Headline	Place	Datetime
Local government area	Wellington

Recently Sold Houses (26)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
6 Omeo Rd	$300,000	3.0	2.0		09 Dec 2024	On Market
6 Omeo Rd	Price Withheld	3.0	2.0		09 Dec 2024	On Market
1349 Lower Dargo Rd	$680,000	3.0	1.0	2.0	31 Jul 2024	On Market
326 Upper Dargo Rd	$935,000	3.0	1.0	2.0	02 Jun 2024	On Market
326 Upper Dargo Rd	Price Withheld	3.0	1.0	2.0	02 Jun 2024	On Market

Planning Applications: Other (2)

Headline	Place	Date
Transfer of Licence - Victorian Commission for Gambling and Liquor Regulation 20506A11	Lower Dargo Road, Dargo 3862, VIC	03 Dec 2021
Transfer of Licence - Victorian Commission for Gambling and Liquor Regulation 55041A05	111 Lind Avenue, Dargo 3862, VIC	09 Nov 2021

Turnover Rate by Street (12)

Turnover rate	Street	Turnover Label	Turnover Years	Year
133.3%	Lind Ave	very high turnover	Every 7.5 years (very high turnover)	2025
87.5%	Omeo Rd	high turnover	Every 11.4 years (high turnover)	2025
100.0%	Lower Dargo Rd	high turnover	Every 10.0 years (high turnover)	2025
66.7%	Lanes Rd	quite tightly held	Every 15.0 years (quite tightly held)	2025
72.2%	Dargo Rd	average turnover	Every 13.8 years (average turnover)	2025

Percent of Renters by Street (14)

Percent of Renters	Street
0.0%	Cartner Rd
0.0%	Castleburn Creek Rd
0.0%	Dalmore Rd
0.0%	Dargo High Plains Rd
0.0%	Dargo Rd

Median House Sale Prices by Street (70)

Street	Date	Median sale value
Dargo Rd	30 Jun 2024	223800.0
Lind Ave	10 May 2024	$637,500
Dargo Rd	31 May 2024	202600.0
Kings Rd	31 May 2024	202600.0
Lind Ave	31 May 2024	202600.0

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
1349 Lower Dargo Rd	$680,000	3.0	1.0	2.0	31 Jul 2024	On Market
1349 Lower Dargo Rd	$680,000	3.0	1.0	2.0	31 Jul 2024	On Market
1349 Lower Dargo Rd	$680,000	3.0	1.0	2.0	31 Jul 2024	On Market
1349 Lower Dargo Rd	$680,000	3.0	1.0	2.0	31 Jul 2024	On Market
1349 Lower Dargo Rd	$680,000	3.0	1.0	2.0	31 Jul 2024	On Market