Dubbo suburb profile
Dubbo is a vibrant regional city in New South Wales, known for its rich history, cultural attractions, and strong agricultural roots. Situated approximately 400km northwest of Sydney, Dubbo serves as a major hub for the surrounding rural areas. The city is famous for the Taronga Western Plains Zoo, a popular tourist destination offering expansive open-range exhibits. Dubbo boasts a blend of heritage architecture and modern amenities, providing residents with a comfortable lifestyle. With its strong sense of community, educational facilities, and diverse recreational options, Dubbo continues to attract families, professionals, and visitors seeking a dynamic regional experience.
Dubbo property market performance
Dubbo's property market has shown stability over the past 12 months, with house values increasing by 5.0% and unit values remaining unchanged. The median house price over the past three months has averaged $589,000, while units have averaged $330,000, indicating a steady demand for both property types.
Sales activity has been robust, with 215 houses and 9 units sold in the past 12 months. Houses and units are selling at a similar pace, with median days on market at 41 and 42 days, respectively, suggesting consistent buyer interest across the board.
Dubbo's rental market has experienced notable changes, with house rents increasing by 6.4% and unit rents rising significantly by 12.6% over the last 12 months, reflecting a strong demand for rental properties in the area.
Median price - houses$590KPast 3 months
Median price - units$350KPast 3 months
Change in value - houses1.2%12 months
Change in value - units-1.5%12 months
Houses sold201Past 3 months
Units sold10Past 3 months
Median DOM - houses43Past 12 months
Median DOM - units41Past 12 months
Average rent - houses$500Past 12 months
Average rent - units$380Past 12 months
Change in rent - houses6.4%Past 12 months
Change in rent - units11.8%Past 12 months
Dubbo demographics
Dubbo, located in the heart of New South Wales, is a vibrant regional city known for its rich history, cultural attractions, and strong sense of community. With a population of 43,516, Dubbo serves as a major hub for the surrounding rural areas, offering a blend of urban amenities and country charm. The median age of 35 reflects a balanced demographic, attracting families, professionals, and retirees alike who appreciate the city's relaxed lifestyle and community spirit.
Housing in Dubbo is diverse, with a significant portion of properties owned outright (29.3%) or with a mortgage (35.7%), indicating a stable housing market. The rental market also plays a crucial role, with 35.1% of properties rented, catering to those seeking flexibility, including young families and professionals. The suburb's family-friendly environment is evident, with couple families with children making up 41% of the population, while couple families without children account for 38.8%.
Dubbo's economy is supported by a mix of agriculture, health, education, and retail sectors, providing ample employment opportunities for its residents. The city's strategic location and well-developed infrastructure make it an attractive destination for businesses and individuals seeking a balanced lifestyle. With its combination of natural beauty, cultural attractions, and strong community ties, Dubbo continues to be a desirable place to live and work in regional Australia.
Dubbo infrastructure, key developments and investment opportunities
Dubbo is experiencing significant developments that may impact its property market. The $1 billion redevelopment of Dubbo Square, set to conclude in 2025, will introduce new retail, residential, and entertainment options, potentially boosting local property values and attracting new residents. Additionally, the expansion of the Dubbo Hospital and the ongoing upgrade of the Newell Highway are enhancing healthcare access and regional connectivity, which could increase the area's appeal to homebuyers.
The city's focus on economic diversification, including initiatives to attract new industries and expand the Dubbo Regional Airport, may create job opportunities and drive demand for housing. Dubbo's strategic location as a major regional center, combined with its affordable housing market compared to metropolitan areas, continues to attract both tree-changers and investors. These factors, along with the city's ongoing infrastructure improvements, are likely to support sustained growth in Dubbo's property market.
Dubbo rental market trends
The rental market in Dubbo has experienced moderate growth, with house rents increasing 6.4% over the past year to $500 per week, while unit rents have surged 12.6% to $380 per week. This regional hub continues to attract renters and investors alike, offering a blend of affordability and potential for future growth.
Suburbs near Dubbo
Some popular suburbs near Dubbo include: