3047, Victoria

Real Estate & Property Information

Price Rank

dallas Suburb Profile & Review

Located north of Broadmeadows and just thirty minutes from the city, this residential suburb is home to a sizable Turkish-Australian community. Parks including the Gibbs Reserve and Laura Douglas Reserve provide residents with pleasant green spaces to relax and exercise in.

The Dallas Shopping Centre is found on Blair Street and has the standard shopping necessities, including two supermarkets, a pharmacy and newsagency. The Broadmeadows Mosque is located on King Street. Ilim College is a Prep-12 Islamic co-ed private school located in Dallas, and there are also four primary schools, including Dallas Primary and Holy Child Catholic Primary.

Upfield Station is located to the north-east of the suburb and Coolaroo Station to the north-west. A number of buses travel frequently to surrounding suburbs as well.

dallas Demographic Data

$ 305,500 Median House Price

25 Minutes Average Commute

32 Median Age

6,480 Population

50.62 % Female

49.38 % Male




What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in dallas, Victoria.

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dallas Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

dallas Median House Prices

  • 2008 $ 208,000
  • 2009 $ 230,000
  • 2010 $ 290,000
  • 2011 $ 320,000
  • 2012 $ 305,500

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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dallas 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in dallas have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term dallas property price predictions.

dallas Market Property Types

  • 89 % Seperate House
  • 7 % Semi Detached
  • 4 % Flat or Unit
  • 0 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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dallas Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

dallas Income & Mortgage Stats

  • $ 762 Median Weekly Household Income
  • $ 1,300 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in dallas

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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dallas Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

dallas Sold Property Prices

dallas Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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dallas Restaurants

  • Yoldas Pizza Factory151 Blair Street dallas VIC 304703 9302 4222

dallas Schools

  • Holy Child Primary SchoolBlair Streetdallas VIC 3047(03) 9309 1620Catholic Primary School
  • Broadmeadows Special SchoolKoroit Avedallas VIC 3047(03) 9302 2340Specialist School
  • Ilim College30 Inverloch Crescentdallas VIC 3047(03) 9302 3770Private School

dallas Childcare

  • The Playhouse3-5 Eltham Streetdallas VIC 3047

dallas Kindergarten and Preschools

  • Kindergarten at Dallas Primary SchoolKiewa Crescentdallas VIC 3047

dallas Sporting Centres and Clubs

  • Broadmeadows, Laura Douglas Reservedallas VIC 3047Athletics Club
  • Little Athletics Centres, Hume, Laura Douglas Reservedallas VIC 3047Athletics Club
  • North City Lionsdallas VIC 3047Soccer Club

Find out How Much your House is Worth in dallas

Request a free market Basic Report for dallas to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.

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