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Top Selling Suburbs in Australia by State – September 2024

October 3, 2024
top selling suburbs in australia

When it comes to buying property, knowing where properties are flying off the shelves can make all the difference. Soho’s monthly report on the top-selling suburbs in Australia is here to help you out.

By digging into the data on the suburbs with the most sales in each state, you’ll get a clearer picture of where the demand is strongest, helping you make choices that really work for you.

We’ve also included data on houses vs units sold so you can see how property type is performing in each of those markets.

Whether you’re aiming for a solid return on investment, hunting for your next home, or just keeping an eye on market trends, this guide is your go-to for making sense of it all.

How to Use Our Data on Top Selling Suburbs: Expert Guide

When it comes to making smart property decisions, data is your best friend. Here’s how to use Soho’s data report effectively:

  • What to Look For: Focus on suburbs with the highest sales volumes. High demand often indicates a desirable location, whether due to amenities, schools, transport links, or lifestyle factors.
  • How It Helps: If you’re a buyer, targeting these areas can mean a solid investment with good potential for future growth. For sellers, knowing your suburb is in high demand allows you to price your property competitively and attract serious buyers.

2. Understand Price Trends

  • What to Look For: Examine the average sale prices in top-selling suburbs. Are prices trending up or stabilising?
  • How It Helps: Investors can use this data to gauge the potential return on investment. If you’re a buyer, understanding price trends can help you time your purchase to get the best value. Sellers can use this information to set realistic expectations and pricing strategies.

3. Spot Emerging Markets

  • What to Look For: Look for suburbs that have recently joined the ranks of top sellers but weren’t on the list before. You can also explore Soho’s round up on the suburbs where house prices are dropping.
  • How It Helps: These emerging markets could be the next big thing. As an investor or buyer, getting in early on a rising suburb can offer significant long-term gains. Sellers in these areas might benefit from the early buzz and increased buyer interest.

4. Assess Market Stability

  • What to Look For: Consistency in sales volume across multiple months can indicate market stability.
  • How It Helps: Stable markets are often less risky for both buyers and investors. If you’re looking for long-term growth or a steady rental income, focusing on these areas can be a smart move.

5. Compare Across States

  • What to Look For: Don’t just focus on your local market—compare top-selling suburbs across different states.
  • How It Helps: If you’re an investor, this broader perspective can help you diversify your portfolio. Buyers moving interstate can use this comparison to find similar value and amenities in their new location.

6. Timing Your Decision

  • What to Look For: Seasonal trends and fluctuations in sales volumes.
  • How It Helps: Certain times of the year might be better for buying or selling. Understanding these patterns can help you time your move to take advantage of peak selling or buying periods.

Top Selling Suburbs in New South Wales Last Month

Browse all recently sold properties in NSW here.

SuburbHouses SoldUnits SoldAverage Sale Price
Dubbo422$625,008
Tamworth291$535,823
Port Macquarie298$867,366
Goulburn280$831,569
Banora Point242$901,385
Greystanes200$1,377,440
Schofields1811$1,024,670
Marsden Park180$1,131,250
Muswellbrook180$551,278
Baulkham Hills182$1,675,850

Explore more properties for sale in NSW in your favourite suburbs.

Top Selling Suburbs in Victoria Last Month

Browse all recently sold properties in VIC here.

SuburbHouses SoldUnits SoldAverage Sale Price
Pakenham48$7$664,949
Sunbury47$6$645,755
Mildura28$4$451,597
Point Cook28$2$881,017
Ferntree Gully23$4$824,544
Rowville22$2$1,009,120
Clyde North21$0$860,032
Alfredton18$0$600,639
Sebastopol18$1$420,868
Craigieburn17$1$579,618

Explore more properties for sale in VIC and your favourite suburbs in the state.

Top Selling Suburbs in Queensland Last Month

Browse all recently sold properties in QLD here.

SuburbHouses SoldUnits SoldAverage Sale Price
Labrador2413$712,135
Buderim201$1,423,250
Pimpama200$899,579
Urangan181$750,479
Helensvale170$1,439,750
Urraween160$701,500
North Lakes160$1,005,500
Hope Island164$1,322,590
Moranbah150$475,656
Narangba150$812,750

Explore more properties for sale in QLD and your favourite suburbs in the state.

Top Selling Suburbs in Western Australia Last Month

Browse all recently sold properties in WA here.

SuburbHouses SoldUnits SoldAverage Sale Price
Ellenbrook230$649,761
Morley150$754,800
Quinns Rocks140$815,438
Balga140$645,529
Butler123$629,167
Alkimos120$727,167
Clarkson110$673,409
Baldivis110$725,364
Meadow Springs100$822,100
Nollamara102$613,692

Explore more properties for sale in WA and your favourite suburbs in the state.

Top Selling Suburbs in South Australia Last Month

Browse all recently sold properties in SA here.

SuburbHouses SoldUnits SoldAverage Sale Price
Murray Bridge130$507,167
Mount Barker102$656,042
Mawson Lakes100$802,500
Port Lincoln100$553,950
Davoren Park80$513,167
Munno Para West70$679,833
Craigmore70$644,600
Elizabeth East60$569,167
Blakeview60$647,167
Elizabeth Downs60$567,167

Explore more properties for sale in SA and your favourite suburbs in the state.

Top Selling Suburbs in Australian Capital Territory Last Month

Browse all recently sold properties in ACT here.

SuburbHouses SoldUnits SoldAverage Sale Price ($)
Weston60$922,500
Coombs61$819,121
Wanniassa50$878,000
Holt50$777,571
Kambah40$876,250
Franklin31$738,000
Taylor30$816,667
Macgregor30$876,667
Aranda20$1,157,500
Page20$750,500

Explore more properties for sale in ACT and your favourite suburbs in the state.

Top Selling Suburbs in Northern Territory Last Month

Browse all recently sold properties in NT here.

SuburbHouses SoldUnits SoldAverage Sale Price
Durack40$650,000
Gray31$366,000
Moulden30$404,333
Braitling20$427,500
Zuccoli20$605,000
Berry Springs20$915,000
Alawa10$460,000
Acacia Hills10$500,000
Bellamack10$765,000
Coconut Grove10$550,000

Explore more properties for sale in NT and your favourite suburbs in the state.

Top Selling Suburbs in Tasmania Last Month

Browse all recently sold properties in TAS here.

SuburbHouses SoldUnits SoldAverage Sale Price
Devonport134$546,853
Somerset60$519,250
Deloraine61$435,688
Latrobe60$555,750
Kingston60$707,000
Longford50$562,000
Ulverstone42$529,600
Wynyard40$481,500
Upper Burnie40$531,000
West Ulverstone41$580,100

Explore more properties for sale in TAS and your favourite suburbs in the state.

Other Soho Reports You Might Like

To make an informed decision as a property buyer, check out Soho’s other reports:

Most Expensive Recently Sold Properties in Australia

Cheapest Recently Sold Properties in Australia

FAQs on the Top Selling Suburbs in Australia

What are the top 5 suburbs in Australia?

The top 5 suburbs in Australia are constantly shifting, but at the time of writing, the top 5 suburbs in Australia (defined by the most property sales) are Blacktown NSW and Southport QLD, amongst others.

What is Australia’s fastest growing suburb?

The fastest growing suburbs in Australia are those areas with the highest property price growth and include Bellbird Park in Brisbane and Bairnsdale, Victoria, amongst others.

Suggested Reading: Check out Soho’s article on the Best Suburbs For Capital Growth.

What Australian suburbs are most expensive?

Currently, the most expensive Australian suburbs include areas like Vaucluse in Sydney and Toorak in Melbourne.

Disclaimer: The property data presented in this article was generated using AI and may contain inaccuracies or discrepancies. We recommend verifying any information obtained from this article with additional sources.

Soho
Soho is your expert team in Australian real estate, offering an innovative platform for effortless property searches. With deep insights into buying, renting, and market trends, we guide you to make informed decisions, whether it's your first home or exploring new suburbs.
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