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Suburb Ups and Downs

National Property Wrap

The Ups and Downs of Australian residential property

Suburb Ups and Downs National Property Wrap - November 2020

The Ups and Downs of Australian residential property

Australia

The property market has had a mix of suburbs growing or falling in value:
Property Type Last Month Last 3 Months Last 6 Months Last 12 Months
Houses 6720 53% 6584 52% 7542 60% 8893 71%
5925 47% 6055 48% 5005 40% 3612 29%
Units 2598 40% 2634 40% 3076 51% 3692 62%
3926 60% 3877 60% 2913 49% 2266 38%
Both 9318 49% 9218 48% 10618 57% 12585 68%
9851 51% 9932 52% 7918 43% 5878 32%

The table shows the count and percentage of property markets from around Australia that had positive recent growth versus those that had negative recent growth. The counts are split into houses, units and both combined.

Growth was calculated using change in medians over each period. Markets were excluded if there was insufficient data for a reliable median. Markets that had precisely zero growth were excluded.

Picking a property market that has positive growth has been harder to do at varying periods over recent years:

The chart shows the percentage of House Markets that had positive growth from the prior month (green) 
and the percentage that had negative growth (red) for all Australian suburbs.

The chart shows the percentage of Unit Markets that had positive growth from the prior month (green)  
and the percentage that had negative growth (red) for all Australian suburbs.

Sydney

As above but restricted to only suburbs within the Sydney Significant Urban Area (SUA).

Property Type Last Month Last 3 Months Last 6 Months Last 12 Months
Houses 327 47% 320 46% 476 69% 632 91%
364 53% 371 54% 215 31% 59 9%
Units 269 40% 274 41% 400 61% 549 83%
399 60% 394 59% 260 39% 110 17%
Both 596 44% 594 44% 876 65% 1181 87%
763 56% 765 56% 475 35% 169 13%

The chart shows the percentage of House Markets that had positive growth from the prior month (green)
and the percentage that had negative growth (red) for all Sydney suburbs.

The chart shows the percentage of Unit Markets that had positive growth from the prior month (green)  
and the percentage that had negative growth (red) for all Sydney suburbs.

Rest of New South Wales

Property Type Last Month Last 3 Months Last 6 Months Last 12 Months
Houses 1954 59% 1893 57% 1931 59% 2221 67%
1353 41% 1411 43% 1368 41% 1071 33%
Units 577 43% 589 45% 658 55% 711 60%
751 57% 733 55% 533 45% 476 40%
Both 2531 55% 2482 54% 2589 58% 2932 65%
2104 45% 2144 46% 1901 42% 1547 35%

The chart shows the percentage of House Markets that had positive growth from the prior month (green)  
and the percentage that had negative growth (red) for all Rest of NSW suburbs.

The chart shows the percentage of Unit Markets that had positive growth from the prior month (green)  
and the percentage that had negative growth (red) for all Rest of NSW suburbs.

Melbourne

Property Type Last Month Last 3 Months Last 6 Months Last 12 Months
Houses 133 30% 139 31% 277 62% 421 95%
311 70% 305 69% 167 38% 21 5%
Units 169 39% 176 41% 239 57% 340 80%
261 61% 254 59% 184 43% 83 20%
Both 302 35% 315 36% 516 60% 761 88%
572 65% 559 64% 351 40% 104 12%

The chart shows the percentage of House Markets that had positive growth from the prior month (green)  
and the percentage that had negative growth (red) for all Melbourne suburbs.

The chart shows the percentage of Unit Markets that had positive growth from the prior month (green)  
and the percentage that had negative growth (red) for all Melbourne suburbs.

Rest of Victoria

Property Type Last Month Last 3 Months Last 6 Months Last 12 Months
Houses 133 50% 1086 53% 1291 63% 1523 75%
1023