According to Domain's report on real estate prices in June, the country's best-performing suburbs have weathered the downward trend in the market over the past 12 months.
According to the report, Mount Pleasant was at the top of the country's growth, with its median real estate price rising 26.5% in the 12 months to June 2019.
The figures show that the median value of homes increased by 25.5% in the suburbs of Chelmer in Brisbane.
Other high-growth suburbs include the wealthy suburbs of Sydney, Vaucluse, Wallaroo, South Australia, East Devonport, Tasmania, and Wonthaggi, Gippsland, Victoria.
Here are the best-performing suburbs of the country for houses increasing over one year:
State
Suburbs
Median Price
% increase year-on-year
VIC
Mount Pleasant
$ 366,000
26.20%
QLD
Chelmer
$ 1,290,000
25.20%
SA
Wallaroo
$ 295,000
25.00%
VIC
Wonthaggi
$ 365,000
21.70%
TAS
Devonport East
$ 237,000
20.60%
SA
North Adelaide
$ 961,000
20.10%
NSW
Urunga
$ 540,000
20.00%
NSW
Temora
$ 292,000
19.90%
NSW
Vaucluse
$ 6,000,000
19.90%
QLD
Mount Pleasant
$ 405,250
19.20%
Source: Field
According to the report, Noosa Heads on the Sunshine Coast was the best-performing suburb, with a median price of apartments up 24.8%.
The median price of units in Blackburn, Victoria, increased by 24.4%, while that of Broadbeach Waters on the Gold Coast rose 19.8%, according to the numbers.
Here are the most performing suburbs for the units and their growth from one year to the next:
State
Suburbs
Median Price
Year-over-year growth
QLD
Noosa Heads
$ 830,000
24.80%
VIC
Blackburn
$ 603,168
24.40%
QLD
Broadbeach Waters
$ 545,000
19.80%
WA
Claremont
$ 652,500
19.20%
QLD
The Corner of Stones
$ 515,000
18.40%
LAW
Campbell
$ 637,500
18.10%
NSW
Pre-Fairy
$ 565,000
17.80%
SA
Norwood
$ 592,500
17.30%
NSW
Kirrawee
$ 756,000
17.20%
NSW
Elizabeth Bay
$ 1,100,000
17.00%
Source: Field
Top suburbs:
Melton
,
balga
,
Ferntree Gully
,
West Wodonga
,
Windale
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