Over the past ten years, property values have been on a consistent upward trajectory, fueled by various economic, social, and demographic factors. From increased urbanization and population growth to sustained demand for housing and limited supply, these elements have collectively driven substantial appreciation in property prices across the country.
What does this all mean? In short, up to 166 suburbs are set to join the $1 million club within the next year!
This underscores the ongoing strength and appeal of the Australian property market. Whether you are a first-time homebuyer or a seasoned investor, staying informed about these trends and the factors driving them can help you make smart, strategic decisions in this ever-evolving market.
As property values continue to rise, now is the time to explore your options and capitalize on the opportunities presented by this dynamic market. For expert advice and personalized guidance, reach out to today.
If you’re on this list – welcome to the Millionaires Club
Suburb |
Avg 10-year growth |
Current median sale price |
Projected price in 2025 |
Fisher ACT 2611 |
6% |
$955,000 |
$1,011,212 |
Macarthur ACT 2904 |
6% |
$984,500 |
$1,043,719 |
Weston ACT 2611 |
6% |
$966,000 |
$1,027,224 |
Holder ACT 2611 |
6% |
$940,000 |
$1,000,265 |
Duffy ACT 2611 |
6% |
$960,000 |
$1,022,331 |
Cook ACT 2614 |
7% |
$985,000 |
$1,052,876 |
Fraser ACT 2615 |
7% |
$940,000 |
$1,005,593 |
Macquarie ACT 2614 |
7% |
$945,000 |
$1,011,351 |
Kaleen ACT 2617 |
7% |
$999,000 |
$1,070,500 |
Palmerston ACT 2913 |
8% |
$975,000 |
$1,055,528 |
Lansvale NSW 2166 |
6% |
$950,000 |
$1,006,169 |
Jordan Springs NSW 2747 |
6% |
$945,000 |
$1,001,956 |
Elderslie NSW 2570 |
6% |
$950,000 |
$1,007,670 |
Gregory Hills NSW 2557 |
6% |
$947,500 |
$1,005,647 |
Fern Bay NSW 2295 |
6% |
$943,000 |
$1,001,594 |
McGraths Hill NSW 2756 |
6% |
$950,000 |
$1,009,564 |
Horningsea Park NSW 2171 |
6% |
$955,500 |
$1,016,077 |
Blair Athol NSW 2560 |
6% |
$941,000 |
$1,002,071 |
Riverstone NSW 2765 |
7% |
$985,000 |
$1,049,183 |
Bonnyrigg NSW 2177 |
7% |
$945,000 |
$1,008,763 |
Mount Riverview NSW 2774 |
7% |
$980,000 |
$1,046,698 |
Hoxton Park NSW 2171 |
7% |
$946,500 |
$1,011,927 |
Green Valley NSW 2168 |
7% |
$999,500 |
$1,069,942 |
Spring Farm NSW 2570 |
7% |
$960,000 |
$1,027,728 |
Villawood NSW 2163 |
7% |
$950,000 |
$1,017,099 |
Glenfield NSW 2167 |
7% |
$995,000 |
$1,066,210 |
Tumbi Umbi NSW 2261 |
7% |
$940,000 |
$1,007,631 |
Jewells NSW 2280 |
7% |
$950,000 |
$1,020,373 |
Emu Plains NSW 2750 |
7% |
$955,000 |
$1,025,759 |
East Gosford NSW 2250 |
8% |
$954,500 |
$1,026,355 |
Blacktown NSW 2148 |
8% |
$980,000 |
$1,054,226 |
Camden South NSW 2570 |
8% |
$956,000 |
$1,028,547 |
Cumbalum NSW 2478 |
8% |
$952,500 |
$1,026,486 |
Ourimbah NSW 2258 |
8% |
$971,500 |
$1,047,597 |
Springwood NSW 2777 |
8% |
$940,000 |
$1,013,983 |
Mount Druitt NSW 2770 |
8% |
$952,000 |
$1,027,510 |
West Wollongong NSW 2500 |
8% |
$990,000 |
$1,068,793 |
Belmont NSW 2280 |
8% |
$938,500 |
$1,013,327 |
Marayong NSW 2148 |
8% |
$981,000 |
$1,059,721 |
Winmalee NSW 2777 |
8% |
$958,000 |
$1,035,676 |
Point Clare NSW 2250 |
8% |
$942,500 |
$1,019,107 |
St Clair NSW 2759 |
8% |
$971,500 |
$1,050,642 |
Camden NSW 2570 |
8% |
$970,000 |
$1,049,091 |
Lurnea NSW 2170 |
8% |
$962,500 |
$1,041,481 |
Kariong NSW 2250 |
8% |
$975,000 |
$1,056,379 |
Emerald Beach NSW 2456 |
8% |
$938,500 |
$1,017,252 |
Bonny Hills NSW 2445 |
8% |
$945,000 |
$1,024,348 |
Bardia NSW 2565 |
9% |
$947,500 |
$1,028,537 |
Thirlmere NSW 2572 |
9% |
$965,000 |
$1,047,572 |
Hamilton North NSW 2292 |
9% |
$925,000 |
$1,004,680 |
Tweed Heads West NSW 2485 |
9% |
$950,500 |
$1,032,626 |
Woy Woy NSW 2256 |
9% |
$940,000 |
$1,022,362 |
Tascott NSW 2250 |
9% |
$953,000 |
$1,037,160 |
Narellan NSW 2567 |
9% |
$977,500 |
$1,064,323 |
Oakdale NSW 2570 |
9% |
$970,000 |
$1,057,227 |
Cambewarra Village NSW 2540 |
9% |
$985,000 |
$1,073,618 |
Wentworth Falls NSW 2782 |
9% |
$925,000 |
$1,008,721 |
Farmborough Heights NSW 2526 |
9% |
$980,000 |
$1,068,835 |
Broadmeadow NSW 2292 |
9% |
$999,500 |
$1,090,960 |
Anna Bay NSW 2316 |
9% |
$934,750 |
$1,020,894 |
Clarence Town NSW 2321 |
9% |
$970,000 |
$1,060,426 |
Long Beach NSW 2536 |
9% |
$985,000 |
$1,077,914 |
Tweed Heads South NSW 2486 |
9% |
$915,000 |
$1,001,366 |
Tullimbar NSW 2527 |
9% |
$939,000 |
$1,027,786 |
Malua Bay NSW 2536 |
10% |
$970,000 |
$1,063,416 |
Yamba NSW 2464 |
10% |
$935,030 |
$1,025,458 |
Freemans Reach NSW 2756 |
10% |
$990,000 |
$1,085,937 |
North Narooma NSW 2546 |
10% |
$950,000 |
$1,043,572 |
Wallabi Point NSW 2430 |
10% |
$999,000 |
$1,097,868 |
Callala Bay NSW 2540 |
10% |
$940,000 |
$1,033,479 |
Primbee NSW 2502 |
10% |
$940,000 |
$1,034,385 |
Marks Point NSW 2280 |
10% |
$910,000 |
$1,001,456 |
Culburra Beach NSW 2540 |
10% |
$910,000 |
$1,005,358 |
Hawks Nest NSW 2324 |
10% |
$980,000 |
$1,082,783 |
The Entrance NSW 2261 |
11% |
$990,000 |
$1,098,674 |
Dora Creek NSW 2264 |
11% |
$980,000 |
$1,088,344 |
Tomakin NSW 2537 |
12% |
$945,000 |
$1,054,112 |
Kianga NSW 2546 |
12% |
$902,500 |
$1,012,348 |
Boolaroo NSW 2284 |
13% |
$940,000 |
$1,058,069 |
Wallacia NSW 2745 |
15% |
$942,500 |
$1,084,813 |
Birtinya QLD 4575 |
5% |
$972,500 |
$1,023,333 |
Eatons Hill QLD 4035 |
6% |
$995,000 |
$1,057,537 |
Moggill QLD 4070 |
7% |
$955,000 |
$1,018,494 |
Middle Park QLD 4074 |
7% |
$960,000 |
$1,024,021 |
Carseldine QLD 4034 |
7% |
$997,500 |
$1,066,355 |
Albany Creek QLD 4035 |
7% |
$955,000 |
$1,021,569 |
Upper Mount Gravatt QLD 4122 |
7% |
$993,000 |
$1,062,269 |
Mountain Creek QLD 4557 |
7% |
$960,000 |
$1,028,584 |
Chermside QLD 4032 |
7% |
$952,000 |
$1,020,191 |
Birkdale QLD 4159 |
7% |
$943,000 |
$1,011,061 |
Everton Park QLD 4053 |
7% |
$988,750 |
$1,061,756 |
Maleny QLD 4552 |
7% |
$937,500 |
$1,006,924 |
Bellbowrie QLD 4070 |
7% |
$960,000 |
$1,031,947 |
Everton Hills QLD 4053 |
8% |
$950,000 |
$1,021,423 |
Pacific Pines QLD 4211 |
8% |
$930,000 |
$1,001,836 |
Coopers Plains QLD 4108 |
8% |
$955,444 |
$1,029,353 |
Chermside West QLD 4032 |
8% |
$960,500 |
$1,036,437 |
Little Mountain QLD 4551 |
8% |
$985,000 |
$1,063,188 |
Arana Hills QLD 4054 |
8% |
$935,000 |
$1,010,099 |
Jindalee QLD 4074 |
8% |
$975,000 |
$1,053,390 |
Shailer Park QLD 4128 |
8% |
$985,000 |
$1,064,199 |
Banksia Beach QLD 4507 |
8% |
$966,250 |
$1,043,942 |
Tingalpa QLD 4173 |
8% |
$935,000 |
$1,010,226 |
Palmwoods QLD 4555 |
8% |
$936,504 |
$1,013,586 |
Geebung QLD 4034 |
8% |
$975,000 |
$1,055,797 |
Scarborough QLD 4020 |
8% |
$960,000 |
$1,040,524 |
Mooloolah Valley QLD 4553 |
8% |
$965,000 |
$1,046,905 |
Craiglie QLD 4877 |
9% |
$925,000 |
$1,004,246 |
Southport QLD 4215 |
9% |
$978,000 |
$1,062,273 |
Aroona QLD 4551 |
9% |
$980,000 |
$1,064,963 |
Battery Hill QLD 4551 |
9% |
$965,000 |
$1,049,178 |
Highland Park QLD 4211 |
9% |
$952,600 |
$1,038,401 |
Pomona QLD 4568 |
9% |
$975,000 |
$1,062,925 |
Cooroy QLD 4563 |
9% |
$955,000 |
$1,042,732 |
Merrimac QLD 4226 |
9% |
$973,000 |
$1,062,703 |
Thorneside QLD 4158 |
10% |
$967,500 |
$1,060,381 |
Woorim QLD 4507 |
10% |
$990,000 |
$1,090,072 |
Clapham SA 5062 |
5% |
$961,000 |
$1,012,668 |
Magill SA 5072 |
6% |
$972,500 |
$1,034,189 |
Torrensville SA 5031 |
7% |
$941,500 |
$1,008,308 |
Daw Park SA 5041 |
7% |
$972,000 |
$1,043,226 |
Kidman Park SA 5025 |
7% |
$985,000 |
$1,057,612 |
Rostrevor SA 5073 |
8% |
$962,500 |
$1,035,629 |
Allenby Gardens SA 5009 |
8% |
$975,000 |
$1,050,345 |
Manningham SA 5086 |
8% |
$975,000 |
$1,051,011 |
Seacliff Park SA 5049 |
8% |
$960,000 |
$1,036,002 |
Melrose Park SA 5039 |
8% |
$995,000 |
$1,076,342 |
Woodville Park SA 5011 |
8% |
$990,000 |
$1,071,327 |
West Croydon SA 5008 |
8% |
$970,000 |
$1,051,577 |
Willunga SA 5172 |
9% |
$930,000 |
$1,012,574 |
Mount Nelson TAS 7007 |
8% |
$937,500 |
$1,009,249 |
Kingston Beach TAS 7050 |
8% |
$952,500 |
$1,029,231 |
Sandford TAS 7020 |
9% |
$981,500 |
$1,065,435 |
Rose Bay TAS 7015 |
9% |
$980,000 |
$1,067,652 |
Mount Stuart TAS 7000 |
9% |
$987,500 |
$1,079,081 |
North Hobart TAS 7000 |
10% |
$925,000 |
$1,016,383 |
Cambridge TAS 7170 |
11% |
$940,000 |
$1,040,083 |
Ringwood VIC 3134 |
5% |
$999,500 |
$1,053,099 |
Yallambie VIC 3085 |
6% |
$963,500 |
$1,021,852 |
Wandana Heights VIC 3216 |
6% |
$998,000 |
$1,058,659 |
Avondale Heights VIC 3034 |
6% |
$960,000 |
$1,018,431 |
Airport West VIC 3042 |
6% |
$960,000 |
$1,021,081 |
Scoresby VIC 3179 |
6% |
$978,000 |
$1,040,300 |
Attwood VIC 3049 |
7% |
$945,000 |
$1,006,862 |
Knoxfield VIC 3180 |
7% |
$967,000 |
$1,031,941 |
Cairnlea VIC 3023 |
7% |
$957,500 |
$1,022,963 |
Taylors Lakes VIC 3038 |
7% |
$940,000 |
$1,004,484 |
Hurstbridge VIC 3099 |
7% |
$945,250 |
$1,012,332 |
Chelsea Heights VIC 3196 |
7% |
$947,500 |
$1,017,507 |
Ocean Grove VIC 3226 |
7% |
$975,000 |
$1,047,365 |
Upwey VIC 3158 |
8% |
$937,000 |
$1,009,975 |
Bittern VIC 3918 |
8% |
$970,000 |
$1,047,037 |
Apollo Bay VIC 3233 |
9% |
$935,000 |
$1,019,013 |
Tootgarook VIC 3941 |
9% |
$916,500 |
$1,001,029 |
Indented Head VIC 3223 |
10% |
$950,000 |
$1,043,451 |
San Remo VIC 3925 |
10% |
$977,500 |
$1,073,966 |
Port Fairy VIC 3284 |
10% |
$965,000 |
$1,065,833 |
Kinglake VIC 3763 |
11% |
$906,500 |
$1,006,440 |
Porepunkah VIC 3740 |
13% |
$943,770 |
$1,066,209 |
Bundalong VIC 3730 |
14% |
$934,000 |
$1,060,130 |
Doubleview WA 6018 |
3% |
$985,000 |
$1,011,593 |
Mindarie WA 6030 |
4% |
$975,000 |
$1,013,934 |
Lathlain WA 6100 |
4% |
$999,750 |
$1,040,143 |
Dunsborough WA 6281 |
5% |
$972,500 |
$1,021,058 |
Serpentine WA 6125 |
6% |
$975,000 |
$1,036,968 |
Lower Chittering WA 6084 |
17% |
$955,000 |
$1,114,850 |
Source: PropTrac