Dallas continues to offer one of the most accessible entry points in this update. Three-bedroom houses are trading at $620,000 with a strong 80 per cent clearance rate, with 70 sales this year in an average of five weeks, well ahead of the wider pace across the north.
Two and four-bedroom homes round out a smaller share of the market at similar price points, reflecting the suburb's compact, affordable housing stock. With two in three homes owner-occupied, Dallas remains a settled, family-oriented pocket despite its accessible pricing throughout.
Buyers here want homes that are genuinely move-in ready, and an influx of young families is adding real depth to demand across this pocket. Affordable stock like this is exactly where first-home buyers are concentrating right now, and well-presented homes are clearing with real confidence and speed.
Median sale price for houses in Dallas is $620,000, up 10.7% from last year.
Median sale price for units in Dallas is $511,000, up 20.2% from last year.
Properties sold for houses in Dallas is 97, up 5.4% from last year.
Properties sold for units in Dallas is 10, down 28.6% from last year.
Auction clearance for houses in Dallas is 78.3%, up 11.8% from last year.
Auction clearance for units in Dallas is 100.0%
Av days on market for houses in Dallas is 35, up 12.9% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Good property management should remove uncertainty, not create more of it.
If you're considering engaging a property manager, one of the first questions you're likely to ask is: how much does property management actually cost?
Owning an investment property and owning a good investment property are not necessarily the same thing. It’s an important distinction, and one that property investors should revisit regularly.
The Reserve Bank's decision to leave the cash rate on hold at 4.35 per cent is welcome news for buyers, sellers and businesses alike. While it's not a silver bullet for Melbourne's property market, it should provide some reassurance that the aggressive phase of the interest rate tightening cycle may be easing.
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