Top 50 Suburbs Where Prices Jumped from Under $500K to Over $1M

Cheap Suburbs Where Prices Doubled in a Decade

New PropTrack data has revealed 77 suburbs across Australia where median home prices have more than doubled over the past decade — jumping from below $500,000 in 2015 to above $1 million in 2025. The surge highlights how affordability, lifestyle demand, and population growth have reshaped once-overlooked markets into some of the nation’s most competitive areas. Queensland dominated the list with 48 suburbs, while strong growth was also recorded in coastal New South Wales and regional South Australia. Limited supply, pandemic-era migration trends, and the appeal of beachside living have all played key roles in pushing prices higher.

NSW Coastal Boom

In New South Wales, 18 suburbs saw median prices climb from under $500,000 to above $1 million, with the strongest growth concentrated in coastal lifestyle regions such as the Shoalhaven, Newcastle and Lake Macquarie, and the Tweed Coast.

Once considered affordable, towns like Mollymook Beach, Narrawallee, and Callala Beach have transformed into high-demand, high-value markets as remote work and lifestyle migration accelerated during and after the pandemic.

Agents report continued interest from Sydney, Wollongong, and Canberra buyers seeking beachside homes and better value outside the capital.

Rank Suburb State Region 2025 Median 2015 Median Growth %
1Callala BeachNSWSouthern Highlands & Shoalhaven$1,300,000$451,750188%
2TugunQLDGold Coast$1,366,000$485,000182%
3NarrawalleeNSWSouthern Highlands & Shoalhaven$1,195,000$425,000181%
4MardenSAAdelaide - Central & Hills$1,355,000$485,068179%
5Mount CoolumQLDSunshine Coast$1,327,500$490,000171%
6Mollymook BeachNSWSouthern Highlands & Shoalhaven$1,180,000$437,500170%
7Jacobs WellQLDGold Coast$1,174,000$445,000164%
8PomonaQLDSunshine Coast$1,100,000$418,000163%
9Mayfield EastNSWNewcastle & Lake Macquarie$1,093,500$415,000163%
10LabradorQLDGold Coast$1,175,000$450,000161%
11Tweed Heads SouthNSWRichmond - Tweed$1,032,500$397,500160%
12LornNSWHunter Valley (excl. Newcastle)$1,107,500$439,000152%
13Highland ParkQLDGold Coast$1,100,000$437,000152%
14Tweed Heads WestNSWRichmond - Tweed$1,032,250$410,000152%
15CarraraQLDGold Coast$1,200,000$492,000144%
16Banora PointNSWRichmond - Tweed$1,200,000$489,500145%
17Golden BeachQLDSunshine Coast$1,185,000$475,000149%
18Battery HillQLDSunshine Coast$1,072,500$438,500145%
19CooroyQLDSunshine Coast$1,060,000$455,000133%
20Coolangatta (Units)QLDGold Coast$1,050,000$450,000133%
21DayboroQLDMoreton Bay - South$1,237,500$482,500156%
22Bilambil HeightsNSWRichmond - Tweed$1,120,000$460,000143%
23Nelson BayNSWHunter Valley (excl. Newcastle)$1,040,000$465,000124%
24Warners BayNSWNewcastle & Lake Macquarie$1,085,000$485,000124%
25Shoalhaven HeadsNSWSouthern Highlands & Shoalhaven$1,060,000$475,000123%
26TewantinQLDSunshine Coast$1,130,000$465,000143%
27ScarboroughQLDMoreton Bay - North$1,110,000$472,500135%
28JimboombaQLDLogan - Beaudesert$1,025,000$439,000133%
29Coopers PlainsQLDBrisbane - South$1,210,000$500,000142%
30BrightonQLDBrisbane - North$1,072,500$450,000138%
31TingalpaQLDBrisbane - East$1,100,000$458,000140%
32HemmantQLDBrisbane - East$1,027,500$431,000138%
33OakdaleNSWSydney - Outer South West$1,080,712$457,500136%
34Victoria PointQLDBrisbane - East$1,029,000$490,000110%
35BlackwoodSAAdelaide - South$1,067,500$500,000114%
36SemaphoreSAAdelaide - West$1,185,000$463,100156%
37BonvilleNSWCoffs Harbour - Grafton$1,138,500$492,000131%
38Plympton ParkSAAdelaide - South$1,000,000$467,500114%
39Bli BliQLDSunshine Coast$1,050,000$450,000133%
40SouthportQLDGold Coast$1,150,000$495,000132%
41KaraleeQLDIpswich$1,180,000$499,000136%
42BroadviewSAAdelaide - North$1,022,543$496,000106%
43PalmwoodsQLDSunshine Coast$1,050,000$463,750126%
44MerrimacQLDGold Coast$1,060,000$470,000126%
45Wynnum WestQLDBrisbane - East$1,080,000$474,000128%
46AroonaQLDSunshine Coast$1,050,000$459,000129%
47Tamborine MountainQLDGold Coast$1,047,500$458,500128%
48Daisy HillQLDLogan - Beaudesert$1,025,000$450,000128%
49Pacific PinesQLDGold Coast$1,061,000$470,500126%
50BrightVICHume$1,112,500$390,000185%
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