| As the final quarter approaches, our Q3 Property Market Update reveals the continuing shifts and emerging trends across Australia’s eastern seaboard. From accelerated regional demand to the recalibration of metropolitan hotspots, and median house prices reaching new heights, this quarter’s data shows us where genuine momentum lies and what’s truly influencing purchasing decisions. Leverage these findings to sharpen your strategy and achieve a dominant position in a rapidly evolving landscape. |
New South WalesSydney’s northwest has steamrolled into the lead for the top suburbs for first home buyers. Schofields recorded the highest volume of purchases, which was more than double the activity of Blacktown who came in 2nd, narrowly overtaking Liverpool which dropped to 3rd this quarter. At the same time, the Hills Districted reached new heights, with Baulkham Hills claiming the top spot for median household prices at $1.8 million and Box Hill for strata properties recording $1.07 million last quarter. |
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QueenslandThe Gold Coast continued to dominate QLD unit sales, claiming 5 of the top 10 suburbs. Surfers Paradise held onto the number 1 spot, while Southport, Mermaid Beach, Broadbeach and Hope Island also featured in the list. However, overall, houses continued to dominate QLD property transactions accounting for 61.8% of sales in Q3, marking a 0.84% increase from Q2, and 1.35% increase from Q1. Redland Bay was a new addition to the list of top 10 suburbs for household purchases |
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VictoriaAfter holding a consistent lead for the last year, Melbourne CBD has been knocked from number 1, coming in 3rd spot behind the northwest suburbs of Tarneit and Clyde North. This transition indicates surging demand for lifestyle appeal, ongoing local development and affordability in new suburbs with large green space and opportunity for development. |
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