Top 10 selling suburbs in Australia 2015
Marta Higuera has been in the real estate industry since she launched OpenAgent with fellow entrepreneur, Zoe Pointon, three years ago.
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When researching where to buy a property and when it’s a good time to sell, it’s helpful to know which suburbs have performed the best over the past year, and what property market trends to look out for.
Recently, CoreLogic RP Data revealed the suburbs across Australia that had the highest rental yields and highest median values for 2015.
Highest rental yields
For when it came to rental yield, according to the data, South Kempsey, on the New South Wales mid-north coast was the highest yielding suburb for houses. The suburb had a median value of $179,449 and a gross rental yield of 9.7 per cent. In the unit market, Berri in South Australia came in first with a median value of $117,044 and a rental yield of 9.7 per cent.
Top suburbs in Australia for houses:
- South Kempsey, NSW: Median house value of $179,449, rental yield of 9.7%
- Onslow, WA: Median house value of $753,328, rental yield of 9.1%
- Rosebery, NSW: Median house value of $93,290, rental yield of 9.1%
- Hay, NSW: Median house value of $167,772, rental yield of 9.0%
- Ouyen, VIC: Median house value of $136,983, rental yield of 9.0%
- Broken Hill, NSW: Median house value of $160,237, rental yield of 8.9%
- Nhill, VIC: Median house value of $135,751, rental yield of 8.9%
- Coonamble, NSW: Median house value of $149,238, rental yield of 8.8%
- Gagebrook, TAS: Median house value of $138,342, rental yield of 8.7%
- Coolgardie, WA: Median house value of $158,256, rental yield of $8.5%
Top suburbs in Australia for units:
- Berri, SA: Median unit value of $117,044, rental yield of 9.7%
- Maudsland, QLD: Median unit value of $439,160, rental yield of 9.7%
- Mollymook, NSW: Median unit value of $339,341, rental yield of 8.6%
- Edmonton, QLD: Median unit value of $172,635, rental yield of 8.6%
- Woree, QLD: Median unit value of $139,919, rental yield of 8.5%
- Bungalow, QLD: Median unit value of $164,827, rental yield of 8.5%
- Manunda, QLD: Median unit value of $156,507, rental yield of 8.4%
- Stapylton, QLD: Median unit value of $173,520, rental yield of 8.2%
- Westcourt, QLD: Median unit value of $204,998, rental yield of 8.1%
- Edge Hill, QLD: Median unit value of $181,121, rental yield of 7.9%
Top suburbs for units by capital city:
| City | Suburb | Median value | Rental yield (%) |
| Sydney | Mardi | $361,640 | 6.2 |
| Melbourne | Carlton | $364,925 | 7.2 |
| Brisbane | Beenleigh | $191,677 | 7.7 |
| Adelaide | Davoren Park | $138,488 | 7.8 |
| Perth | Orelia | $205,571 | 6.7 |
| Hobart | Rokeby | $208,550 | 7.1 |
| Darwin | Malak | $337,130 | 6.4 |
| Canberra | Farrer | $344,091 | 5.7 |
Most expensive suburbs
Sydney dominated the list of Australia’s most expensive suburbs, with nine out of the top 10 most expensive suburbs for houses coming from the New South Wales city. The only exception was Peppermint Grove in Western Australia, which came in at number ten.
In the unit market, the top ten were made up of Sydney suburbs.
Top suburbs in Australia for houses:
- Point Piper, NSW: 14 sales during the year. Median house value of $6,365,181
- Centennial Park, NSW: 16 sales, median house value of $5,387,775
- Darling Point, NSW: 15 sales, median house value of $5,045,061
- Cremorne Point, NSW: 9 sales during the year. Median house value of $4,527,249
- Vaucluse, NSW: 157 sales, median house value of $4,081,711
- Woolwich, NSW: 9 sales during the year. Median house value of $4,023,051
- Linley Point, NSW: 8 sales, median house value of $3,888,636
- Bellevue Hill, NSW: 103 sales, median house value of $3,841,591
- Duffys Forest, NSW: 11 sales during the year. Median house value of $3,605,366
- Peppermint Grove, WA: 14 sales, median house value of $3,540,186
Top suburbs for houses by capital city:
| City | Suburb | Houses sold | Median value |
| Sydney | Point Piper | 14 | $6,365,181 |
| Melbourne | Toorak | 208 | $3,048,922 |
| Brisbane | Teneriffe | 35 | $1,650,976 |
| Adelaide | Unley Park | 40 | $1,647,257 |
| Perth | Peppermint Grove | 14 | $3,540,186 |
| Hobart | Battery Point | 24 | $901,470 |
| Darwin | Larrakeyah | 9 | $1,114,838 |
| Canberra | Forrest | 17 | $2,005,066 |
Top suburbs in Australia for units:
- Dawes Point, NSW: 15 sales during the year. Median unit value of $2,890,694
- Point Piper, NSW: 20 sales, median unit value of $2,002,490
- Yowie Bay, NSW: 7 sales, median unit value of $1,726,004
- Darling Point, NSW: 94 sales during the year. Median unit value of $1,700,737
- Cabarita, NSW: 17 sales during the year. Median unit value of $1,465,004
- The Rocks, NSW: 39 sales, median unit value of $1,382,399
- Millers Point, NSW: 49 sales, median unit value of $1,346,365
- Palm Beach, NSW: 9 sales during the year. Median unit value of $1,319,761
- Cremorne Point, NSW: 49 sales, median unit value of $1,240,037
- Tamarama, NSW: 15 sales during the year. Median unit value of $1,210,663
Top suburbs for units by capital city:
| City | Suburb | Units sold | Median value |
| Sydney | Dawes Point | 15 | $2,890,694 |
| Melbourne | Kooyong | 7 | $1,047,941 |
| Brisbane | Tennyson | 18 | $1,023,696 |
| Adelaide | North Brighton | 12 | $543,684 |
| Perth | Floreat | 5 | $947,733 |
| Hobart | Battery Point | 35 | $531,563 |
| Darwin | Bayview | 28 | $681,921 |
| Canberra | Yarralumla | 24 | $854,533 |
If you have any questions and wish to speak to a qualified professional from OpenAgent, please feel free to contact us.
