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67 suburbs (from every city) where prices are still rising

·Personal Finance Editor
·4-min read
Generic images of properties and suburbs from around Australia
Despite falling property prices, some suburbs are still bucking the trend. (Source: Getty)

Property prices have started to plummet as rising interest rates and the cost of living put pressure on Aussie households.

But, while as a whole property prices have fallen, there are some suburbs that have seen massive increases over the past 12 months.

CoreLogic’s Home Value Index (HVI) determined which suburbs saw the biggest price gains in each capital city.

The largest price gain was seen in Jimboomba, in the Greater Brisbane area, where prices had risen 29.2 per cent in the past 12 months.

This comes after new CoreLogic research found national home values suffered their biggest fall in 39 years in August.

Every capital city, apart from Darwin, is now in a housing downturn, with a similar scenario playing out across the rest-of-state regions, where only regional South Australia recorded an increase in housing values for the month.

The median value for a home in Australia is now $738,321 down from $747,812 in July. That’s a loss of $9,491 in a month.

For the combined capitals, the median value was $808,287 in August and the median value for the combined regions was $594,006.

Here’s a look at the capital city suburbs with the biggest value growth over the past year.

Greater Sydney

Rank

Area

Median value

Annual change

1

Bringelly - Green Valley

$1,068,706

10.2%

2

Wollondilly

$973,919

8.7%

3

Camden

$1,006,148

7.9%

4

Fairfield

$946,639

7.0%

5

Rouse Hill - McGraths Hill

$1,531,074

6.3%

6

Blue Mountains

$921,136

5.1%`

7

Penrith

$860,948

5.1%

8

Blacktown - North

$1,197,387

5.0%

9

Wyong

$832,850

4.4%

10

Campbelltown

$796,090

4.4%

Greater Melbourne

Rank

Area

Median value

Annual change

1

Melbourne City

$535,655

13.4%

2

Wyndham

$671,103

6.5%

3

Melton - Bacchus Marsh

$648,173

5.7%

4

Casey - South

$764,308

5.2%

5

Tullamarine -Broadmeadows

$669,283

3.8%

6

Casey - North

$803,946

3.5%

7

Cardinia

$725,107

3.3%

8

Mornington Peninsula

$1,070,419

2.3%

9

Sunbury

$677,134

2.1%

10

Whittlesea - Wallan

$727,121

1.8%

Greater Brisbane

Rank

Area

Median value

Annual change

1

Jimboomba

$867,193

29.2%

2

Beaudesert

$538,352

28.0%

3

Browns Plains

$618,773

27.1%

4

Ipswich Hinterland

$533,499

26.9%

5

Springwood - Kingston

$535,976

26.7%

6

Rocklea - Acacia Ridge

$834,673

25.7%

7

Springfield - Redbank

$583,072

25.4%

8

Caboolture

$609,249

24.5%

9

Beenleigh

$558,444

24.1%

10

Forest Lake - Oxley

$631,089

23.8%

Greater Adelaide

Rank

Area

Median value

Annual change

1

Salisbury

$514,276

28.8%

2

Port Adelaide - West

$632,244

26.9%

3

Onkaparinga

$595,923

26.2%

4

Playford

$393,707

26.1%

5

Tea Tree Gully

$634,520

25.9%

6

Campbelltown

$802,863

25.2%

7

Port Adelaide - East

$677,432

24.9%

8

Gawler - Two Wells

$495,370

22.7%

9

Holdfast Bay

$856,285

21.6%

10

Mitcham

$955,453

21.1%

Greater Perth

Rank

Area

Median value

Annual change

1

Rockingham

$477,665

9.4%

2

Fremantle

$921,059

8.6%

3

Kwinana

$405,057

8.5%

4

Mandurah

$475,573

7.2%

5

Armadale

$442,186

7.2%

6

Serpentine - Jarrahdale

$491,814

7.1%

7

Gosnells

$459,504

6.8%

8

Wanneroo

$519,312

6.8%

9

Joondalup

$720,935

6.7%

10

Kalamunda

$586,289

6.7%

Greater Hobart

Rank

Area

Median value

Annual change

1

Hobart - North East

$799,925

9.9%

2

Sorell - Dodges Ferry

$641,088

9.3%

3

Brighton

$528,075

8.1%

4

Hobart - South and West

$806,454

8.1%

5

Hobart - North West

$601,728

3.0%

6

Hobart Inner

$951,105

2.3%

Greater Darwin

Rank

Area

Median value

Annual change

1

Darwin Suburbs

$515,431

7.7%

2

Darwin City

$491,362

7.3%

3

Palmerston

$482,960

6.2%

Greater Canberra

Rank

Area

Median value

Annual change

1

Molonglo

$800,729

18.8%

2

Gungahlin

$960,508

10.1%

3

Tuggeranong

$874,713

9.2%

4

Belconnen

$886,589

9.1%

5

Weston Creek

$974,284

8.3%

6

South Canberra

$924,677

5.3%

7

North Canberra

$842,873

5.0%

8

Woden Valley

$1,193,763

3.8%

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