Durack’s real estate market is currently experiencing a period of robust growth, which makes it an attractive prospect for potential sellers. The median house price has surged by 16.5% in the past year, reaching $740,000. This substantial increase, coupled with a consistent stream of interested buyers (795 potential buyers in the last 12 months), indicates a healthy demand for properties in the area. However, the median time on the market of 30 days suggests that while demand is present, it might not be as strong as other suburbs. This shows that sellers might need to be more patient and price their properties competitively to attract buyers.

The household occupancy data reveals some interesting insights. With 34% of households renting and 66% owning their homes, Durack presents a relatively balanced mix of both renters and owners. This could indicate a stable market with potential for both investors looking for rental properties and owner-occupiers looking for a pace to settle down. However, the higher proportion of single-person households (54%) compared to families (46%_ suggests that smaller home units might be in higher demand.