Why Dulwich Hill is the unsung hero of Sydney’s inner west

The report and ranking drew on the insights of a 12-strong investment expert panel and recent housing performance drawn from open-source data, and aim to give unparalleled insights into the Australian suburbs which are set for future growth.

And for the buzzing Sydney suburb of Dulwich Hill, growth is just around the corner.

Surrounded by the likes of Marrickville, Lewisham and Erskineville, Dulwich Hill offers residents a rich tapestry of culture and history.

In its early days, Dulwich Hill was a hub for factory workers and small business owners. Today, Dulwich Hill has been quietly gentrifying, but its historic bones are still visible in its Federation and Italianate terraces.

Not all of Dulwich Hill’s homes are stuck in the past, however – for those seeking a more contemporary lifestyle, an abundance of off-the-plan apartments are underway.

The development trend is one that appears set to continue, with Dulwich Hill having been named one of the 31 locations to be rezoned for medium-density residential developments when the NSW government announced snap rezoning in December last year.

The influx of new homes will be complemented by a revitalised town centre, thanks to a 10-year master plan for Dulwich Hill Village.

According to the Inner West Council, the master plan will aim to “improve walkability and wayfinding”, “improve the street amenity” and “ensure the precinct remains activated and vibrant”.

Residents of Dulwich Hill have long been drawn by the suburb’s transport links – as early as 1870, local factory owners were touting the suburb’s tram links to the Sydney city centre.

Today, Dulwich Hill boasts a train station with direct services to Bankstown and Central, and a light rail station with services to Pyrmont and Rozelle Bay.

If that isn’t enough, Dulwich Hill is set to soon benefit from its very own Sydney Metro station that will hurtle commuters over to the north shore work hubs of North Sydney and Chatswood.

For those looking for a slice of inner west property with strong capital growth prospects, Dulwich Hill is hard to beat. With everything from slick new apartments to heritage homes on offer, Dulwich Hill is a honeypot for city professionals and young families after a taste of the good life.

Check out which other suburbs made the cut in the FAST 50 2025 report here.