Dallas is in the TOP 30% in VIC when comparing median price capital growth over the last year. Dallas gave property investors a good capital gain figure when compared to the rest of the state, with 14.42%.
Dallas,3047 was ranked 524 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Dallas is offering property investors an average of -5.71. This rate of discount on properties puts Suburb at number 359th in terms of most discounted suburbs in VIC
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 7.27%, investors should hope to achieve an overall return of 4.58%
VIC has seen average median house prices change by 4.83% which means that Dallas, 3047 has done well for property investors by showing a capital gain of 1.06% over the last year
If we look at median property appreciation over just the last three months, Dallas has given property investors a paper return of 6.34%. This puts Suburb as 43 on a list of fastest fasting appreciating suburbs in VIC