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National

National Auction Clearance Rates

Graph of National Auction Clearance Rates for the last 5 weeks

Latest Weekend Auction

Fastest Growing Suburbs in Australia

Rank Suburb Median Price* Trend
1 Bellamack, NT $605,000 +129%
2 Alkimos, WA $489,000 +62%
3 Warrawee, NSW $1,885,000 +43%
4 Artarmon, NSW $1,583,000 +42%
5 Homebush, NSW $1,079,000 +42%
Rank Suburb Median Price* Trend
1 Parap, NT $600,000 +46%
2 Claremont, WA $553,000 +35%
3 Erskineville, NSW $699,000 +31%
4 Crows Nest, NSW $690,000 +31%
5 Kogarah, NSW $566,000 +28%

Sydney

Sydney Auction Clearance Rates

Graph of Sydney Auction Clearance Rates for the last 5 weeks

Sydney - Saturday Auction Results

Fastest Growing Suburbs in Sydney

Rank Suburb Median Price* Trend
1 Warrawee $1,885,000 +43%
2 Artarmon $1,583,000 +42%
3 Homebush $1,079,000 +42%
4 Silverdale $670,000 +38%
5 Surry Hills $1,305,000 +37%
Rank Suburb Median Price* Trend
1 Erskineville $699,000 +31%
2 Crows Nest $690,000 +31%
3 Kogarah $566,000 +28%
4 Glebe $655,000 +27%
5 Milsons Point $1,480,000 +26%

Melbourne

Melbourne Auction Clearance Rates

Graph of Melbourne Auction Clearance Rates for the last 5 weeks

Melbourne - Saturday Auction Results

Fastest Growing Suburbs in Melbourne

Rank Suburb Median Price* Trend
1 Hawthorn East $1,490,000 +37%
2 Balwyn North $1,350,000 +27%
3 Mont Albert $1,280,000 +26%
4 Murrumbeena $901,000 +25%
5 Warrandyte $806,000 +24%
Rank Suburb Median Price* Trend
1 West Melbourne $505,000 +27%
2 Mitcham $555,000 +21%
3 Caulfield South $575,000 +19%
4 Glen Waverley $620,000 +17%
5 Cheltenham $490,000 +17%

Brisbane

Brisbane Auction Clearance Rates

Graph of Brisbane Auction Clearance Rates for the last 5 weeks

Brisbane - Saturday Auction Results

Fastest Growing Suburbs in Brisbane

Rank Suburb Median Price* Trend
1 New Farm $1,100,000 +25%
2 Ascot $1,185,000 +24%
3 Manly $676,000 +20%
4 Annerley $627,000 +18%
5 Seventeen Mile Rocks $556,000 +18%
Rank Suburb Median Price* Trend
1 Newstead $783,000 +20%
2 Morningside $487,000 +18%
3 Teneriffe $600,000 +17%
4 Greenslopes $375,000 +17%
5 Deception Bay $242,000 +13%

Adelaide

Adelaide Auction Clearance Rates

Graph of Adelaide Auction Clearance Rates for the last 5 weeks

Adelaide - Saturday Auction Results

Fastest Growing Suburbs in Adelaide

Rank Suburb Median Price* Trend
1 Unley $830,000 +28%
2 North Adelaide $784,000 +22%
3 Noarlunga Downs $336,000 +20%
4 Norwood $708,000 +15%
5 Littlehampton $450,000 +13%
Rank Suburb Median Price* Trend
1 Morphett Vale $221,000 +8%
2 Glenelg $443,000 +6%
3 Adelaide $382,000 +5%
4 North Adelaide $385,000 +3%
5 Mawson Lakes $272,000 -5%

Median Property Trends for Australian Properties

Over the last five years, Melbourne has been the standout performer among the major capital cities for house price growth, with prices increasing almost 30 per cent in just 15 months. Perth was the worst performing city, with the median house price unchanged in five years – which is largely a hangover from a resources fuelled boom in prices in the early 2000’s. Sydney also experienced an extended period of price stagnation, although prices did rebound strongly after the GFC induced downturn. In the last 18 months, higher interest rates and a winding back of first home buyer stimulus has resulted in moderate price falls in all markets. Nationally, house prices have declined five per cent, while apartment prices have fallen almost three per cent. Sydney is still the most expensive city in Australia, with both the highest median house and apartment price, and also boasts 66% of suburbs with a median price in excess of $1 million.

About Australian Property Monitors (APM)

Australian Property Monitors is a leading national supplier of property price information to banks, real estate agents, property developers, government agencies, media organisations and consumers. APM has been providing property price information services since 1989. Our range of products and services will help you make better informed decisions about property values and the property market

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