Inner-west lifestyle, fast access to the city via light rail/Metro upgrades, plentiful cafes and a tight supply pipeline are underpinning steady demand for Dulwich Hill. Buyers are drawn to renovation-ready terraces, good schools and a choice of owner-occupier or investor briefs close to the CBD, keeping activity balanced even as listings stay scarce. The growth story is tempered by stretched affordability and a relatively high renter share, but infrastructure momentum and low pipeline approvals suggest opportunities as prices have nudged higher over the past six months on limited stock.