Dampier WA Property Investment

Median house price in Dampier sits at $940,000 (pending peer validation) with 45 days on market and a 3.0% vacancy rate. This is a tenant-favourable market right now.

• Median house: $940,000 (pending peer validation) | Units: $533,625
• Gross yield: 4.0% | Net yield: 2.5%
• 5yr price CAGR: -2.7%/yr | 3yr forecast: 13.5%/yr
• Population: 1,282 | Owner-occupier rate: 59% | Affluence: Very High

• Supply pipeline: Moderate — Strong population growth likely attracting new development approvals

• Vacancy: 3.0% (stable) | Rental demand: Moderate
• Median weekly rent: $730/wk | Days on market: 45 (stable)
• Tenant market — vacancy elevated, negotiate hard on rent.

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

• No major confirmed infrastructure projects on record.
• Transport: Standard suburban transport access

If Dampier maintains 3%+ annual growth and vacancy stays below 2.1%, median prices could reach $1,081,000 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Dampier pull back 10-15% from $940,000, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.

• Distance from CBD may limit long-term capital growth potential

• Waggrakine (WA): $681,672 median, 4.7% yield, 15.2% 1yr growth
• Strathalbyn (WA): $850,000 median, 2.2% yield, 23.1% 1yr growth
• Exmouth (WA): $973,652 median, 5.1% yield, 12.7% 1yr growth

Dampier presents a compelling investment opportunity. The combination of solid fundamentals and moderate rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 4.0% and prioritise properties with value-add potential. Consider timing entry around the current recovery phase of the market cycle.

• Entry range: $846,000 – $1,034,000
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.