Property value increases in Dulwich Hill have tracked just higher than the NSW average of -3.87% over the last 12 months.
While Dulwich Hill,2203 ranked number 581th in NSW for increase in median house value (annualised) increase, it is ranked 341th over the last 5 years.
Property buyers and investors in Dulwich Hill 2203 should be seeing an average reduction in asking price of around -5.14% . This means that Dulwich Hill is holding prices well when compared to other suburbs in NSW.
In the last year 78 properties changed hands in Dulwich Hill, which puts it as the 302th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Dulwich Hill, 2203 is in the Inner West (A) local government area.
Investment property in Dulwich Hill has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.29%
Over the longer term, Dulwich Hill has seen property prices show investors a -2.41% return over the last 3 years. This is worse than over the last 12 months
At number 292th of NSW’s most discounted properties, Dulwich Hill is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Situated 7.56km from the CBD, Dulwich Hill is one of Inner West (A) localities in the postcode 2203.
Information supplied by:
Median House Price: $1,475,000
Current Yield (houses): 2.8%
Average annual growth (houses): 8.2%
Median Unit Price: $710k
Current Yield (units): 3.8%
Average annual growth (units): 6.6%
Tucked comfortably to Sydney’s CBD, Dulwich Hill is making impressive strides, with house values tracking an annual growth rate of 8.2%.
Director of Metropole Property Strategists, Michael Yardney, says that the suburb has a vibrant village feel with peaceful tree-lined streets on offer.
“Being connected to the CBD by light rail, it is hugely popular with young professional couples looking to reside in inner city living, closer to all amenities,” Yardney shares.
“Property investors and home buyers in Dulwich Hill usually go for one and two bedroom apartments, especially with district views in smaller boutique blocks.”