Chart/Map of the week – Australia: Top five suburbs by median price and price growth

The latest Australia Prime Residential Review reports that prime residential prices over the year ending June 2019, rose by 2.5% in Sydney, followed by Brisbane (2.2%), Melbourne (2.1%), Gold Coast (1.1%) and Perth (0.6%). Analysis by Michelle Ciesielski in the chart below shows the top five suburbs in each major city by median price and ten-year price growth. At A$6.3m, Sydney’s Vaucluse tops the median price rankings but Bellevue Hill registered the strongest price growth over the last decade – prices increased 122% over this period.