‘Up 417%’: The suburbs where home prices have grown most since rates were this high

Key points

• Property prices in many Australian suburbs have grown strongly since 2011, when interest rates were last at this level. Analysis of realestate.com.au data found the Hunter Valley suburb of Pokolbin had the largest rise in house sale prices, up 417%.
• Gold Coast and Sunshine Coast suburbs featured widely among the top performers.
• Economist Anne Flaherty said average new home loans have risen from about $282,400 in November 2011 to $731,000 by June 2026, making housing costs a larger share of household incomes.