Scattered throughout our capital cities are a few small suburbs—some with a land area of less than one square kilometre—that you might not know unless you’re a local.
These suburbs often consist of just a few streets, yet they feature highly desirable homes that have surged in value over the past year.
Some of these tiny suburbs boast multi-million dollar median prices, double-digit price growth, or both, and are ranked among the top performers in their cities, according to PropTrack data.
While property prices have risen in most capitals over the past year, values in these small suburbs have soared even higher.
Dinmore (up 29.7%), Moores Pocket (up 25.7%), and Basin Pocket (up 24%), along with Kalinga in the inner north (up 14.1%), all experienced price growth surpassing Brisbane’s overall house price growth of 12.4%.
Meanwhile, unit prices skyrocketed in East Ipswich (up 34.6%), Booval (up 32.9%), and Gaythorne (up 19.4%), exceeding Brisbane’s overall unit growth of 15.1%.
