Coastal suburbs see dramatic price growth across Australia

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Ray White Senior Data Analyst, Atom Go Tian found that coastal suburbs across metropolitan and regional areas have shown strong growth patterns, with some locations recording increases of up to 572 per cent.

“Our analysis of Australia’s top-performing coastal suburbs shows a balanced distribution across capital cities, with Adelaide leading the charge with four suburbs, followed by Sydney with three, Perth with two, and Hobart with one,” Mr Go Tian said.

“The premium nature of coastal living is particularly evident in metropolitan areas, where six of the top ten growth suburbs now command values above $2 million.”

Adelaide’s southern coastline has emerged as a standout performer, Mr Go Tian said.

“Kingston Park leads the Adelaide market at $2.15 million, while Maslin Beach provides a more accessible entry point at $860,000,” he said.

“This growth corridor continues to show strong momentum, with recent one-year growth rates ranging from 21 per cent to 64 per cent.”

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In Sydney, the growth pattern has been more diverse, with strong performance across different regions.

“Darling Point stands as the most remarkable example of high-end coastal growth, achieving 137 per cent five-year growth to reach $14 million, despite its already substantial market position,” Mr Go Tian said.

The research also highlighted significant growth in regional markets, with some areas showing extraordinary results.

4Af4r top growth regional coastal suburbs

“Queensland’s Bilinga on the Gold Coast has recorded exceptional five-year growth of 572 per cent, while other regional growth rates typically range between 155 per cent and 252 per cent,” he said.

Mr Go Tian identified South Australia’s Yorke Peninsula as a notable regional growth cluster.

“Price leads the peninsula with 252 per cent five-year growth to reach $515,000, followed by James Well and Thompson Beach with growth rates of 215 and 200 per cent respectively,” he said.

Looking at the broader market implications, Mr Go Tian said there was an ongoing appeal of coastal property locations.

“This widespread appreciation reinforces coastal property’s status as a premium investment, regardless of proximity to capital cities,” he said.

“While capital cities typically command prices above $2 million, regional markets display remarkable diversity in price points, offering opportunities across various budget ranges.”

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Nicole Lambert
Nicole Lambert
Nicole Lamber is a news writer for LinkDaddy News. She writes about arts, entertainment, lifestyle, and home news. Nicole has been a journalist for years and loves to write about what's going on in the world.

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