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% |