Donvale
The median rent for a 2-bedroom unit in Donvale is $575 a week for leases that started in the year to September 2025, up 4.5% on a year earlier. That is 5% above the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $1,300,000 for a house and $755,000 for a unit. A year of rent for that home is about 3.6% of its median sale price (gross rental yield). The rent data covers Doncaster East-Donvale as one area, so these rent figures are shared by Doncaster East, Donvale.
Median rent in Donvale
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $470 | 0.0% | 29 |
| 2-bedroom unit | $575 | +4.5% | 184 |
| 3-bedroom unit | $695 | +6.9% | 137 |
| 2-bedroom house | $530 | -5.2% | 21 |
| 3-bedroom house | $680 | +7.9% | 194 |
| 4-bedroom house | $830 | +4.4% | 256 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $1,300,000 | Mar 2026 quarter |
| Unit | $755,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Alphington $575 a week
- Fairfield $575 a week
- Kew $575 a week
- Newport $575 a week
- Spotswood $575 a week
- St Kilda East $575 a week