Dudley Park closed out the year with steady price growth and quick selling conditions.
SALES
The median house price increased to $715,000, up 1.4% over the month and 10.9% over 12 months. 13 house sales were recorded in December, holding steady month on month.
LISTINGS
Nine houses were listed for sale during the month, reflecting a 12.5% monthly increase, though overall
listings remain 18.2% lower than a year ago, keeping supply relatively constrained.
LAND
Vacant land recorded a median price of $296,000, rising 0.5% over the month and 16.3% over 12 months. 1 land sale occurred, with limited listings continuing to support values.
SALES TIME ON MARKET
Houses sold quickly, with a median of 12 days to sell, reinforcing strong buyer urgency when properties are priced appropriately.
RENTALS
The median weekly rent for houses held at $580 per week, remaining stable over the year. 8 properties were leased during December, reflecting a seasonal dip in leasing volumes.
RENTALS TIME ON MARKET
Rental properties leased in a median of 28 days, slightly longer than earlier periods, though demand
remains solid relative to available supply.
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