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See the full list: The suburbs where home prices have grown as much as 417 per cent
SBS acknowledges the Traditional Custodians of Country and their connections and continuous care for the skies, lands and waterways throughout Australia.
Fifteen years later, it's worth more than $12 trillion, according to the latest update from the Australian Bureau of Statistics.
But growth in property value has varied largely due to lifestyle factors and development booms, analysis by real estate advertiser REA Group on prices since 2011 shows.
In Pokolbin, in NSW's Hunter Valley region, the median house price in 2011 was $315,000. Now, it sits at $1,628,000, having risen 417 per cent.
Rounding out the top 10 behind Pokolbin, the suburbs with the largest growth in median sale prices for houses across the country are Jordan Springs (NSW), Palm Beach (NSW), Byron Bay (NSW), Mermaid Waters (QLD), Bellamack (NT), Boolaroo (NSW), Buddina (QLD), Miami (QLD) and Forde (ACT).
Why Your Suburb Might Be Stealing a Week of Your Life Every Year
Your suburb can cost you valuable time. Long daily commutes can consume hundreds of hours each year, reducing time for family, exercise and leisure.
Australia's sprawling cities are creating growing challenges. Population growth and car-dependent suburbs are increasing congestion, travel costs and pressure on infrastructure.
The 20-minute neighbourhood is becoming increasingly important. Suburbs with easy access to shops, schools, parks, transport and essential services offer greater convenience and lifestyle benefits.
Walkable neighbourhoods support healthier lifestyles. Walking and cycling encourage physical activity, improve wellbeing and reduce dependence on cars.
Established middle-ring suburbs have a long-term advantage. Their existing infrastructure, accessibility and amenities are likely to attract growing demand from homeowners and tenants.
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Two Perth suburbs named WA’s best places to raise a family
Two of Perth’s western suburbs have been revealed as the best areas in the State to raise a family.
New research from iSelect focused on which regions across Australia offered the strongest all-around support for new and expecting parents in 2026.
WA’s affluent suburbs Cottesloe and Claremont were crowned best in the State, while NSW suburbs Dural and Leichhardt took out the top two spots overall.
Six key factors were considered: the proportion of children developmentally on track, number of childcare places, average cost of childcare, quality of local healthcare, the average number of children born per woman, and access to birthing services.
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