Secondly, if you live in Sunshine Beach, then you’ve pocketed a whopping 160 per cent growth in the value of your property over the past five years, according to Domain data.
This sparkling beachside suburb showcases the sea change trend that has put regional markets to the top of the growth charts in recent times.
“Ultra-low interest rates, high-speed internet and long lockdowns have fuelled the demand to move out of capital cities for a more relaxed lifestyle,” reports Domain.
The search for a different lifestyle isn’t just about moving coastal. Lifestyle gems on Brissie’s north are seeing strong interest too.
Hamilton on the Brisbane River enjoyed 86 per cent growth over the past five years.
Earlier this year we reported that five semi-rural suburbs in the scenic Morton Bay area had clipped the million-dollar median ticket: Camp Mountain, Highvale, Mount Samson, Samford Valley and Wights Mountain.
And the amenity and affordability of Brissie’s middle ring suburbs is also still holding strong appeal, with considerable demand across the market.
Check out where Domain reports the biggest booms including the median house price and growth over five years:
- Sunshine Beach, QLD, $2,200,000, 161.10%
- Minyama, QLD, $1,375,000, 138.10%
- Somers, VIC, $1,706,750, 135.40%
- Rokeby, TAS, $434,000, 126.00%
- Byron Bay, NSW, $1,960,000, 120.20%
- Palm Beach, NSW, $4,362,500, 102.90%
- Jan Juc, VIC, $1,287,500, 98.10%
- Bulli, NSW, $1,400,000, 95.70%
- Bright, VIC, $756,000, 95.30%
- Sorrento, VIC, $1,910,000, 94.90%
- Brown Hill, VIC, $530,000, 91.00%
- Moonah, TAS, $550,000, 89.70%
- Noosa Heads, QLD, $1,495,000, 88.60%
- Hamilton, QLD, $1,762,500, 86.00%
- Blairgowrie, VIC, $1,392,500, 85.70%
- Dodges Ferry, TAS, $481,000, 85.00%
- West Moonah, TAS, $550,000, 84.60%
- Daylesford, VIC, $800,000, 82.90%
- Norlane, VIC, $403,000, 82.40%
- Suffolk Park, NSW, $1,450,000, 81.80%