For the 12 months to January 2019, five states and territories feature in the top 10 suburbs for percentage price growth: South Australia, Victoria, Tasmania, New South Wales and Western Australia.
All of the 10 high-achievers recorded double-digit growth for the period, with the leafy Adelaide suburb of Leabrook taking top spot with a whopping 86.4% median price growth and an average sale price of $1,875,000. Leabrook’s growth is down to its close proximity to the CBD, but is still located in the peaceful suburban fringe plus it has a family friendly atmosphere, green spaces and housing stock includes character dwellings on large blocks.
Perth’s own Middle Swan came in at number 8 Australia wide with a 35.2% growth recorded with buyers appreciating it’s affordability and proximity to amenities.
In Perth’s own leafy Western Suburbs, Claremont has recorded a 20.8% median price growth. Interestingly Claremont has similar attributes to Leabrook including being family friendly, an abundance of parks and green spaces, proximity to the CBD, public transport and shops plus housing stock features character homes on larger blocks.To read the full article or to find out how your suburb is tracking click here