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Australia’s best and worst performing suburbs since 2014

Australia’s best and worst-performing suburbs of the past five years have been revealed, with new data showing the hotspots that have skyrocketed since 2014 and those that have borne the brunt of the mining downturn.

The figures, released as part of Domain’s latest quarterly house price report, show the top 10 suburbs for houses and units combined, as well as the bottom 10 suburbs for houses and units combined.

Other suburbs with strong growth included units in Adelaide’s inner eastern blue-chip suburb, Norwood; houses in the wealthy Sydney Eastern Suburbs neighbourhood of Vaucluse; units in Noosa Heads, Queensland; and houses in Burradoo, in the NSW Southern Highlands.

Australia’s best performing suburbs since 2014

State Suburb Dwelling type Current median 5-year growth %
NSW Byron Bay House $1,300,000 117.00%
NSW Pitt Town House $1,150,000 96.60%
SA Norwood Unit $592,500 88.80%
NSW Fairy Meadow Unit $565,000 84.00%
QLD Noosa Heads Unit $830,000 80.40%
NSW Burradoo House $1,611,000 79.00%
NSW Avoca Beach House $1,050,000 77.70%
NSW Vaucluse House $6,000,000 77.00%
NSW Elizabeth Bay Unit $1,100,000 74.60%
VIC Koo Wee Rup House $553,000 72.80%

 

Australia’s worst performing suburbs since 2014

State Suburb Dwelling type Current median 5-year growth %
WA Newman House $195,500 -74.90%
WA South Hedland House $222,500 -70.1%%
WA Port Hedland House $400,000 -50.60%
QLD West Gladstone House $185,000 -49.60%
WA Bulgarra House $310,000 -49.20%
WA Nickol House $365,000 -43.80%
QLD Moranbah House $200,000 -43.30%
WA Baynton House $445,000 -43.20%
QLD Calliope House $246,000 -43.10%
QLD Chinchilla House $211,000 -43%
Source: Domain House Price Report, June quarter, 2019 (units and houses)

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