98 suburbs with consistent double-digit price growth

1 month ago 10
Benn Dorrington

rea insights

Australia is home to nearly 100 suburbs where homes have recorded double-digit price growth each year over the past decade.

New PropTrack data has revealed there are 98 suburbs throughout the country where median house prices have risen by at least 10% per year on average since 2015.

Looking at the annual change in median house price over 10 years can smooth out short-term volatility and show the long-term growth trend in property values.  

It can help identify which suburbs have consistently appreciated in value, showing sustained market performance and investment potential. 

Australia’s regional areas outperformed the capital cities, with 55 of these high-achieving suburbs in regional markets compared to 43 throughout the capitals.  

Queensland dominated this sought-after club, making up nearly half of the list with 45 suburbs.

Top 20 suburbs with the highest annual house price gains on average since 2015

Source: PropTrack. Suburbs ranked by annual change in median house price over the past 10 years, as of September 2025. Excludes suburbs with less than 30 sales over the past 12 months.
Suburb Region Median house price Annual price change over 10 years
Aintree Greater Melbourne $742,050 15% 
Cobblebank Greater Melbourne $611,000 14% 
Sunrise Beach Rest of Qld $2,125,000 14% 
Calderwood Rest of NSW $995,000 13% 
Minyama Rest of Qld $2,950,000 13% 
Elizabeth North Greater Adelaide $505,000 13% 
Rokeby Greater Hobart $630,000 13% 
Mickleham Greater Melbourne $681,500 13% 
Elizabeth Downs Greater Adelaide $560,000 13% 
Weir Views Greater Melbourne $590,000 13% 
Coolamon Rest of NSW $695,000 13% 
Mount Morgan Rest of Qld $295,000 13% 
Noosa Heads Rest of Qld $2,500,000 13% 
Glenwood Rest of Qld $619,500 12% 
Mermaid Beach Rest of Qld $3,750,000 12% 
Surfers Paradise Rest of Qld $3,900,000 12% 
Davoren Park Greater Adelaide $552,500 12% 
Somerton Park Greater Adelaide $2,132,500 12% 
Elizabeth South Greater Adelaide $510,000 12% 
Smithfield Plains Greater Adelaide $568,000 12% 

Jump ahead to see the remaining 78 suburbs.

South Australia followed with 20 suburbs, followed by New South Wales with 18, Victoria and Tasmania with seven each, and the Northern Territory with 1.  

Western Australia and the Australian Capital Territory didn’t have any suburbs make the list. 

Aintree, in Melbourne’s western suburbs, had the strongest house price growth on the list, recording 15% growth a year on average over the past decade.  

This four-bedroom house at 88 Pioneer Drive, Aintree sold for $740,000 earlier this month. Aintree, in Melbourne's western suburbs, has recorded annual median house price growth of 15% on average over the past 10 years. Picture: Realestate.com.au/sold


Rounding out the top five suburbs on the list, Cobblebank in Melbourne’s western suburbs and Sunrise Beach on the Sunshine Coast in Queensland recorded 14% annual growth each, followed by Calderwood in regional NSW and Minyama on the Sunshine Coast in Queensland, each with 13% average annual growth.

There was a hefty difference in median prices among the top five. Aintree had a median house price of $742,050 in September, while Minyama’s median price came in at $2.95 million.  

This four-bedroom house at 9 Corsair Crescent, Sunrise Beach changed hands for $2.975 million in July. Located on the Sunshine Coast in Queensland, Sunrise Beach has recorded annual median house price growth of 14% on average over the past 10 years. Picture: realestate.com.au/sold


Nearly two thirds (63) of the suburbs on the list had median house prices worth less than $1 million in September 2025, showing that price gains weren’t limited to high-end areas.  

Southeast Queensland dominates  

Queensland was the clear winner on the list, with 14 neighbourhoods in greater Brisbane and 31 suburbs sprawled out across the rest of the state.  

In Brisbane, most of these consistent gainers were situated in the Ipswich region, with 10 locations recording either 10% or 11% annual median house price growth since 2015.  

Ipswich has been a hotspot for first-home buyers and investors, where home prices were relatively affordable compared to the rest of the city, in addition to plenty of new home construction.  

Outside of the capital, there were 13 suburbs located throughout the Sunshine Coast region and 10 across the Gold Coast.  

Home prices have boomed across Southeast Queensland since the pandemic began, driven by people searching for greater lifestyle, more space and relative affordability compared to the southern capital cities.  

The three-bedroom house at 40 Wildflower Crescent, Calderwood fetched $1.1 million earlier this month. Calderwood, in regional NSW, has recorded annual median house price growth of 13% on average over the past 10 years. Picture: realestate.com.au/sold


Warmer weather, coastal living and the upcoming 2032 Brisbane Olympics have made this pocket of the sunshine state particularly attractive for a range of homebuyers.  

What’s next  

Looking ahead, housing affordability remains one of the biggest challenges for buyers, with home prices still growing faster than wages for many.  

This year’s three interest rate cuts, and the additional cuts anticipated over the short term, will continue to lower mortgage costs and increase borrowing power, further stimulating the housing market.  

It comes as the early days of the spring selling season have shown strong buyer interest driving faster home sales amid fewer-than-expected homes for sale across various markets.  

While short-term conditions may fluctuate, these lucky 98 suburbs have demonstrated the resilience of Australia’s housing market and its capacity for serious home price growth over the long term.

Remaining 78 suburbs with the highest annual house price gains on average since 2015

Source: PropTrack. Suburbs ranked by annual change in median house price over the past 10 years, as of September 2025. Excludes suburbs with less than 30 sales over the past 12 months.
Suburb Region Median price Annual price change   over 10 years   
Bokarina Rest of Qld $1,722,500 12% 
Dodges Ferry Greater Hobart $727,500 12% 
Tweed Heads Rest of NSW $1,587,500 12% 
Warana Rest of Qld $1,660,000 12% 
Burleigh Heads Rest of Qld $1,855,000 12% 
Elizabeth Grove Greater Adelaide $525,000 12% 
Elizabeth Park Greater Adelaide $565,000 12% 
Elizabeth Vale Greater Adelaide $640,000 11% 
Bourke Rest of NSW $323,750 11% 
Broadbeach Waters Rest of Qld $2,440,000 11% 
Elizabeth East Greater Adelaide $585,000 11% 
Leichhardt Greater Brisbane $641,750 11% 
Callala Beach Rest of NSW $1,305,000 11% 
Bolton Point Rest of NSW $809,500 11% 
Bogangar Rest of NSW $1,555,000 11% 
Tugun Rest of Qld $1,410,000 11% 
Marden Greater Adelaide $1,355,000 11% 
Nikenbah Rest of Qld $960,500 11% 
Toogoolawah Greater Brisbane $545,000 11% 
Narrawallee Rest of NSW $1,207,500 11% 
Doonan Rest of Qld $1,900,000 11% 
Meadows Greater Adelaide $791,500 11% 
Yaroomba Rest of Qld $1,612,500 11% 
Queenstown Rest of Tas. $180,000 11% 
Riverview Greater Brisbane $635,000 11% 
Pottsville Rest of NSW $1,428,000 11% 
Palm Beach Rest of Qld $1,810,000 11% 
Curra Rest of Qld $750,000 11% 
Irymple Rest of Vic. $642,500 11% 
Caboolture South Greater Brisbane $732,750 11% 
Risdon Vale Greater Hobart $470,000 11% 
South Kempsey Rest of NSW $442,500 11% 
Tenterfield Rest of NSW $513,750 11% 
Tweed Heads South Rest of NSW $1,100,000 11% 
Miami Rest of Qld $1,600,000 11% 
Tivoli Greater Brisbane $665,000 11% 
Regency Downs Greater Brisbane $795,000 11% 
Bellevue Hill Greater Sydney $10,150,000 11% 
Buddina Rest of Qld $1,730,000 11% 
Sellicks Beach Greater Adelaide $790,000 10% 
Kilcoy Greater Brisbane $630,000 10% 
Fraser Rise Greater Melbourne $690,000 10% 
Pomona Rest of Qld $1,110,000 10% 
Murgon Rest of Qld $375,000 10% 
Hillcrest Rest of Tas. $430,000 10% 
Christie Downs Greater Adelaide $670,000 10% 
Gulgong Rest of NSW $647,500 10% 
Mermaid Waters Rest of Qld $2,000,000 10% 
Beauty Point Rest of Tas. $505,000 10% 
Bright Rest of Vic. $1,055,000 10% 
Huntfield Heights Greater Adelaide $693,000 10% 
O'Sullivan Beach Greater Adelaide $710,250 10% 
One Mile Greater Brisbane $632,250 10% 
Eastern Heights Greater Brisbane $700,000 10% 
Kensington Grove Greater Brisbane $975,000 10% 
Holbrook Rest of NSW $401,000 10% 
Moffat Beach Rest of Qld $1,590,000 10% 
Millicent Rest of SA $370,000 10% 
Munno Para Greater Adelaide $580,000 10% 
Hackham Greater Adelaide $695,000 10% 
Mollymook Beach Rest of NSW $1,150,000 10% 
Labrador Rest of Qld $1,175,000 10% 
Coolum Beach Rest of Qld $1,381,250 10% 
Pialba Rest of Qld $714,000 10% 
Ravenswood Rest of Tas. $385,500 10% 
Hackham West Greater Adelaide $632,750 10% 
Churchill Greater Brisbane $620,000 10% 
Newtown Greater Brisbane $845,000 10% 
Eagleby Greater Brisbane $705,000 10% 
Tamborine Greater Brisbane $1,375,000 10% 
Zuccoli Greater Darwin $625,000 10% 
Burrill Lake Rest of NSW $870,000 10% 
Clarence Town Rest of NSW $937,500 10% 
Rosenthal Heights Rest of Qld $802,500 10% 
Burleigh Waters Rest of Qld $1,710,900 10% 
Golden Beach Rest of Qld $1,212,000 10% 
Peregian Beach Rest of Qld $1,742,500 10% 
Chatsworth Rest of Qld $930,000 10% 
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