The suburbs where home prices have grown most since interest rates were this high
Key points
- Home prices in many Australian suburbs have grown sharply since 2011, when interest rates were last this high. Analysis of realestate.com.au data shows the largest gains, with New South Wales and Queensland accounting for eight of the top ten house-price performers.
- The median sale price in Pokolbin, in the NSW Hunter Valley, is up 417% on 2011. Realestate.com.au senior economist Anne Flaherty says households now spend a much larger share of their income on housing.
- The Reserve Bank has raised the cash rate to 4.6%, and home prices are now 3.3% below their March 2026 peak.
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Disclaimer
This is an AI-generated summary based on reporting by realestate.com.au. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.
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