{"id":19911,"date":"2025-07-25T01:22:12","date_gmt":"2025-07-25T01:22:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/19911\/"},"modified":"2025-07-25T01:22:12","modified_gmt":"2025-07-25T01:22:12","slug":"the-suburbs-in-australia-where-house-prices-are-surging-because-of-high-levels-of-immigration","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/19911\/","title":{"rendered":"The suburbs in Australia where house prices are surging because of high levels of immigration"},"content":{"rendered":"

House prices are now surging in suburbs with mid-point prices under $1million in cities with high levels of immigration.<\/p>\n

Perth<\/a> is one of Australia’s best-performing property markets with the median house price soaring by 6.5 per cent during the past financial year to $855,395, Cotality data showed.<\/p>\n

That price point means a working couple, including a part-time parent raising the children, can still afford to enter the market.<\/p>\n

However, that is still well below Australia’s mid-point price for capital city houses of $1.034 million, and affordable outer suburbs are seeing double-digit annual growth from Perth to Sydney<\/a> and Adelaide<\/a>.<\/p>\n

Peter Gavalas, the founder of Perth-based buyer’s agent Resolve Property Solutions, said Perth suburbs with median house prices under $1million were doing particularly well because they appealed to people moving in from other parts of Australia.<\/p>\n

‘Many new arrivals are professionals with stable incomes, looking to build long-term lives in Perth,’ he said.<\/p>\n

‘They’re targeting family-friendly, well-connected areas and are often ready to act quickly, which is putting added pressure on supply at the affordable end of the market.’<\/p>\n

Unlike Sydney, Melbourne, and now Brisbane, it’s still possible to buy a house in Perth for less than $1million in suburbs near the city.<\/p>\n

\"House <\/p>\n

House prices continue to soar amid high immigration (Anthony Albanese is pictured)\u00a0<\/p>\n

\"Perth <\/p>\n

Perth is one of Australia’s best performing property markets with the median house price soaring by 6.5 per cent during the past financial year to $855,395, Cotality data showed<\/p>\n

\"Peter <\/p>\n

Peter Gavalas, the founder of Perth-based buyer’s agent Resolve Property Solutions, said suburbs with median house prices under $1million were doing particularly well because they appealed to people moving in from other parts of Australia<\/p>\n

Carlisle, 8km south-east of Perth’s city centre, has a mid-point house price of $908,939, and values during the past year have climbed by 7.4 per cent.<\/p>\n

Nearby Belmont, 9km from the city, has a median price of $835,007 and values there went up by 7.9 per cent in the year to June.<\/p>\n

But the outer eastern suburbs of Perth had even stronger growth with Midland prices going up by 13.1 per cent to a still affordable $627,033, in an area 17km from the city.<\/p>\n

Western Australia also has the nation’s strongest population growth of 2.4 per cent, based on a big influx of new residents, with 45,124 last year moving in from overseas, on a net basis, as 12,612 came from interstate.<\/p>\n

‘International buyers are attracted by Perth’s lower entry prices, strong job market and lifestyle benefits, including quality education and transport links,’ Mr Gavalas said.<\/p>\n

‘A budget of $750,000 to $900,000 still stretches far here, especially when compared to Sydney or Melbourne.’<\/p>\n

\"Carlisle, <\/p>\n

Carlisle, 8km south-east of Perth’s city centre, has a mid-point house price of $908,939 and values during the past year have climbed by 7.4 per cent<\/p>\n

\"In <\/p>\n

In Sydney, suburbs with median prices under $1million are almost 40km from the city, with Lurnea having a mid-point price of $996,791<\/p>\n

Sydney\u00a0<\/p>\n

In Sydney, suburbs with median prices under $1million are almost 40km from the city, with Lurnea having a mid-point price of\u00a0$996,791.<\/p>\n

The 5.8 per cent annual increase was better than Greater Sydney’s 1.7 per cent rise over the year and houses in this part of south-west Sydney are selling for a lot less than Greater Sydney’s mid-point approaching $1.5million.<\/p>\n

Sydney receives the biggest influx of overseas migrants, making it by far Australia’s most expensive capital city market.\u00a0<\/p>\n

But New South Wales had a weaker population growth pace of 1.3 per cent last year as 106,730 new overseas migrants moved in, on a net basis, as 28,118 residents left the state for another part of Australia.\u00a0<\/p>\n

Brisbane\u00a0<\/p>\n

Brisbane now has a median house price of $1.011million but affordable suburbs are seeing some of the biggest growth with Acacia Ridge values, 18km south of the city centre, rising by nine per cent to\u00a0$850,716.<\/p>\n

Queensland’s population growth of 1.9 per cent last year was better than the national average of 1.7 per cent based on 56,877 moving in from overseas as 25,940 came from interstate.<\/p>\n

\"Brisbane <\/p>\n

Brisbane now has a median house price of $1.011million but affordable suburbs are seeing some of the biggest growth with Acacia Ridge values, 18km south of the city centre, rising by nine per cent to $850,716<\/p>\n

\"Frankston <\/p>\n

Frankston North, 55km from the city, saw its mid-point house price climb by 6.9 per cent to a still-affordable $645,182<\/p>\n

\"Affordable <\/p>\n

Affordable suburbs in Adelaide’s north are doing particularly well, thanks to strong demand from investors, with Salisbury East values soaring by 13.4 per cent to $698,790<\/p>\n

Melbourne\u00a0<\/p>\n

Melbourne, a city getting more than 100,000 new overseas migrants a year, is a weak housing market but prices are now soaring in affordable outer suburbs where homes with a backyard sell for way less than the city’s mid-point of $947,611.<\/p>\n

Frankston North, 55km from the city, saw its mid-point house price climb by 6.9 per cent to a still-affordable\u00a0$645,182.<\/p>\n

Adelaide<\/p>\n

Adelaide has been Australia’s best performing housing market during the past year with values soaring by 7.7 per cent to $886,869 – despite having weaker population growth.<\/p>\n

South Australia’s population grew by just 1.1 per cent as 1,582 left the state for another part of the country and 19,546 migrants moved in.\u00a0<\/p>\n

Affordable suburbs in Adelaide’s north are doing particularly well, thanks to strong demand from investors, with Salisbury East values soaring by 13.4 per cent to\u00a0$698,790.<\/p>\n

Someone earning $100,000 a year can still buy a house at Elizabeth Park where the mid-point price is $569,599 following a 13.1 per cent increase over the year.<\/p>\n","protected":false},"excerpt":{"rendered":"House prices are now surging in suburbs with mid-point prices under $1million in cities with high levels of…\n","protected":false},"author":2,"featured_media":19912,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3443,651,100,43,647,44,46,670,41,39,42,40],"class_list":{"0":"post-19911","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-adelaide","9":"tag-brisbane","10":"tag-dailymail","11":"tag-headlines","12":"tag-melbourne","13":"tag-news","14":"tag-perth","15":"tag-sydney","16":"tag-top-news","17":"tag-top-stories","18":"tag-topnews","19":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/19911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=19911"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/19911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/19912"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=19911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=19911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=19911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}