Average price trends
700,000
Jan
590,000
Feb
580,000
Mar
What are the property taxes in Dubbo and are there any other ongoing costs I should consider?
In Dubbo, New South Wales, property owners pay council rates, averaging between $ 1,200 AUD and $ 2,500 AUD annually. Water access and usage charges also apply. Other potential ongoing costs include insurance, maintenance, and if applicable, strata fees for communal properties. Rates can vary by property size, type, and location. Always consult your local council for precise figures.
What types of upfront costs and fees will I have to pay when purchasing a property in Dubbo?
When purchasing a property in Dubbo, New South Wales, upfront costs may include a deposit (often 10% of the purchase price), stamp duty, legal/conveyancing fees (approx $ 1,800 AUD - $ 3,000 AUD), building and pest inspection fees (around $500-$ 600 AUD), and loan application fees if applicable. Ensure to budget for these to avoid surprises.
How does the Dubbo property market compare to ther regions in the Australia?
The median house price in Dubbo stands at roughly $ 450,000 AUD, presenting a more affordable option compared to Sydney's median of approximately $1,410,133 AUD and even Melbourne's $ 929,000 AUD. This makes Dubbo an attractive alternative for buyers seeking value without the price tag of Australia's largest cities. For accurate and updated figures, consult recent real estate reports.
How competitive is the Dubbo property market?
The property market in Dubbo, New South Wales, Australia, is modestly competitive with a median house sale price of $ 450,000 AUD as of Q4 2022. Rental yields have demonstrated steady growth, with a notable 3.8% increase to $ 380 AUD weekly for houses, echoing Dubbo's allure among investors and homeowners.
