Question 1

Is Dallas a nice place to live?

Accepted Answer

Dallas is a modest, primarily residential suburb in Melbourne's north. Its flat, grid streets are mainly single-storey postwar brick and weatherboard homes on medium-sized blocks, and the area tends to attract working families, first-home buyers and long-term locals. Everyday needs are met by neighbourhood shops and schools, and there are small parks and sporting ovals including Gibb Reserve and Laura Douglas Reserve, plus the Dallas Tennis Hall.

Broader retail and a train connection are in neighbouring Broadmeadows, while bus routes and major road links provide access to surrounding employment areas. The council has planned upgrades in the suburb, including works at Gibb Reserve, a Merlynston Creek masterplan, land set aside for more open space and streetscape improvements at the Barry Road Shopping Centre. With about 6,762 people, a median age of 32 and roughly two-thirds owner-occupied, Dallas suits those after straightforward, unpretentious suburban living; whether it fits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Dallas?

Accepted Answer

In Dallas, rents take a sizeable share of local household income as recorded at the last Census. With a typical local household earning $1,088 a week at the last Census, the average house rent of $505 a week would take about 46.4% of that weekly income and the average unit rent of $430 a week would take about 39.5%. On these figures, house rents represent a large share of a typical local household's income at the last Census and unit rents a sizeable share.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Dallas a good place to invest?

Accepted Answer

The standout this year is unit values, which jumped 20.2% over the past 12 months, while house values also rose strongly, up 10.7%. On the rental side, unit rents increased 10.3%, a strong rise, whereas house rents edged up a more modest 2.4%.

For Dallas, that means the units side outperformed houses both in capital growth and in rental income over the year. If rental income is your priority, the unit rent movement is the figure to watch; if capital growth matters more, both value figures are relevant. Whether that pattern makes Dallas the right investment for you depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	10.7%	20.2%
Sold Past 3 months	11	2
Median days on market Past 12 months	35	N/A
Average rent Past 12 months	$505	$430
Change in rent Past 12 months	2.4%	10.3%

Get a property report and suburb profile for any property in Dallas

Dallas suburb profile

Dallas property market performance

5 year median price trend for houses and units

Dallas demographics

Suburbs near Dallas

How does Dallas compare to nearby suburbs?

Choose the right real estate agents in Dallas

Get a head start and compare top local agents in Dallas

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market