VIC/
Dallas

Suburb Profile

Dallas - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3047

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unit

Property investments in DALLAS fare well against the rest of the country last year, registering a median home price increase of 21.99%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains DALLAS, 3047 saw average growth in the long term.

Real estate investors could earn a rental income of $335 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 33.0 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $456,250.

DALLAS ranks 206th on the list of best yielding suburbs for rental properties in VIC, posting a 3.82% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $456,250 $350,000
GROWTH REPORT
Median Quarterly 4.82% N/A
Median 12 month 21.99% 20.27%
Median 3 years 52.08% N/A
Median 5 years 68.36% N/A
10 years average annual 8.32% 10.67%
Weekly media advert. rent $335 $317.5
Time on Market 33.0 days 54.0 days
Gross Rental Yield Percent 3.82% 4.72%
demographics (median values)
Total Population
5842
Weekly Household Income
611.2
Household Size
3.10
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Dallas, VIC
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