Which suburbs have booming property prices?
The NSW town of Brewarrina experienced median house price growth of 50 per cent, to $124,000, in 2015. In Victoria, Ripponlea median house prices grew 48.7 per cent to $1.42 million.
In South Australia, the Yorke Peninsula town of Stansbury grew 47.8 per cent to $340,000. The Darwin suburb of Bayview saw median house price growth of 46.1 per cent to $1.15 million. Western Australia’s top performer in 2015 was Albany, which enjoyed growth of 45.3 per cent, to $730,000. In Queensland, the border town of Coolangatta grew 43.7 per cent to $787,000.
Source: Mortgage Business