{"id":203319,"date":"2025-10-10T16:15:08","date_gmt":"2025-10-10T16:15:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/203319\/"},"modified":"2025-10-10T16:15:08","modified_gmt":"2025-10-10T16:15:08","slug":"suburbs-tipped-to-join-1-million-price-club-revealed","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/203319\/","title":{"rendered":"Suburbs tipped to join $1 million price club revealed"},"content":{"rendered":"

The report highlights affordability, infrastructure, and buyer demand as key drivers of growth.<\/p>\n

The 10 suburbs identified in the report are:<\/p>\n

<\/p>\n


\n\tAlexandra Hills, QLD: Bayside suburb with strong owner-occupier demand and access to major infrastructure\u00a0
\n\tBerkeley Vale, NSW: Central Coast market with lifestyle appeal and growing infrastructure\u00a0
\n\tBiggera Waters, QLD: Gold Coast suburb offering waterfront living and access to key amenities\u00a0
\n\tChelsea, VIC: Bayside location in Melbourne attracting buyers priced out of nearby markets\u00a0
\n\tClayton South, VIC: High-demand area near employment hubs and transport\u00a0
\n\tDoonside, NSW: Western Sydney suburb benefiting from infrastructure investment and fast sales\u00a0
\n\tGreensborough, VIC: North-east Melbourne suburb with family appeal and proximity to the CBD\u00a0
\n\tNorth Lakes, QLD: Master-planned community with sustained demand and low vacancies\u00a0
\n\tSeaton, SA: Adelaide suburb near the coast with strong sales and amenities\u00a0
\n\tSummer Hill, NSW: Inner West Sydney unit market with high yields and village atmosphere\u00a0 <\/p>\n

According to Rich Harvey (pictured right), chief executive and founder of\u00a0Propertybuyer, rapid price growth is making it more difficult to identify suburbs about to cross the $1 million mark. \u201cIt\u2019s getting harder to pick suburbs because some accelerate over the finish line so much faster now\u201d he said. \u201cFrankston, for example, jumped a hundred grand in three months.<\/p>\n

\u201cWe try to pick areas where we believe there\u2019s a groundswell of factors pushing it forward \u2013 that ripple effect of growth is meaning these areas are now rising. For example, suburbs such as Biggera Waters and North Lakes in Southeast Queensland and Chelsea in Melbourne are attracting a mix of first- and second-home buyers, as well as investors. You\u2019ve got that combination of all of those three buyer groups competing for limited stock.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The report highlights affordability, infrastructure, and buyer demand as key drivers of growth. The 10 suburbs identified in…\n","protected":false},"author":2,"featured_media":203320,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[126586,64,63,44,70634,94868],"class_list":{"0":"post-203319","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australia","8":"tag-1-million","9":"tag-au","10":"tag-australia","11":"tag-news","12":"tag-property-price","13":"tag-suburbs"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/203319","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=203319"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/203319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/203320"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=203319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=203319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=203319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}