Dalkeith Market Report
APRIL 2024
1/64 Gallop Road, Dalkeith
Market Update
House prices have seen strong levels of growth over the last few years, with Perth leading the charge across the country. The attractiveness of the Western Australian economy coupled with limited new supply due to high construction costs and prolonged planning delays all contributed to this substantial growth.
65 houses were sold in Dalkeith over the last year with demand continuing to be high for homes in this luxury location with average days on market at a tight 27. The leasing market also continues to perform well with an average home rental of $1400 a week, growing in response to the record low vacancy rate across the Perth market.
Median rates for Dalkeith, Nedlands, and Crawley properties have seen this continued uplift by over 10% during the last 12 months, however for the suburb of Dalkeith values have moderated more recently representing a 2.9% decline over the last year to $3,300,000.
Dalkeith is a sought after suburb with a broader value range of high quality homes causing some volatility in median house price. This premium location experiences strong demand from a range of buyer groups and I am continuing to work with many local families and investors along with interstate and international buyers, who are drawn to the large landholdings, leafy streets and proximity to amenities.
Vivien Yap
0433 258 818
vivien.yap@raywhite.com
Recent Dalkeith Sales
9 Alexander Road 5 2 2 $3,100,000 39 Alexander Road 4 3 2 $3,900,000 Address Beds Cars Price Baths 3 Beatrice Road 5 2 2 $3,250,000 33 Circe Circle North 3 2 2 $3,500,000 79 Circe Circle South 4 2 2 $2,880,000 14 Garland Road 4 3 2 $3,800,000 42 Gallop Road 4 2 2 $2,600,000 8 Edna Road 4 3 3 $3,450,000 * Based on the information provided by the Western Australian Land Information Authority, REIWA, Domain and Realestate.com.au. The sales results included above were performed by multiple agents and agencies. Whilst all reasonable effort has been made to ensure the enclosed information is correct at the time of printing, we do not warrant or guarantee the accuracy or completeness of the data. Sqm 944 1009 809 1012 1290 1103 1012 33 Goldsmith Road 4 4 4 $4,395,000 26 Leon Road 4 3 2 $2,600,000 9 Neville Road 3 2 2 $1,850,000 12 Neville Road 5 3 3 $3,100,000 54 Philip Road $3,620,000 1083 1012 1012 585 1012 144A Victoria Avenue 4 4 3 $8,250,000 86 Victoria Avenue Land $3,200,000 719 1267 73 Viking Road 5 4 3 $6,100,000 1012 111 Waratah Avenue 4 1 2 $3,525,000 1163 * 797 4 5 2
Vivien Yap
0433 258 818
vivien.yap@raywhite.com
Ray White Dalkeith | Claremont
3/87 Waratah Avenue, Dalkeith raywhitedalkeithclaremont.com
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