Suburban sprawl and regional relocation drive growth
Homeowners continued to opt for value away from the state capital city centres during November.
The western suburbs continue to lead the charge in property purchases as families look for more affordable options outside Sydney’s high-priced core.
Marsden Park remains a top contender, with the 2765 postcode once again claiming the number one spot in November 2024. Following closely are Leppington and Werrington, reflecting the ongoing appeal of western Sydney for homebuyers.
Further afield, regional and lifestyle-driven areas are becoming increasingly popular. Cambewarra on the South Coast and Ravensdale on the Central Coast reflect a growing trend of buyers prioritising lifestyle, space, and affordability over proximity to Sydney’s CBD.
Meanwhile, Camden and Campbelltown continue to ride the wave of Sydney’s urban sprawl. These areas offer the best of both worlds, combining semi-rural charm with access to major infrastructure upgrades, making them ideal for growing families.
Victoria’s property market saw strong demand in both regional areas and Melbourne’s outer suburbs. Leading the charge is Traralgon, Gippsland’s largest city, which claimed the top spot for property purchases.
With its affordability and relaxed lifestyle, Traralgon is emblematic of a broader regional shift as priced-out buyers venture beyond Melbourne’s borders. Similarly, Morwell another Gippsland hotspot, secured a place in the top 10, underscoring the region’s growing appeal.
Melbourne CBD took second place, with city living regaining popularity among investors and professionals. Meanwhile, Tarneit and Point Cook continued to lead among outer suburbs, offering a mix of affordability, green spaces, and a commutable distance from the CBD.
In the outer suburbs, affordability and family-friendly living continue to drive demand. Tarneit, Point Cook, and Berwick dominate the list, cementing their reputation as top choices for families seeking larger homes and open spaces.
Queensland
Morayfield remained at the top spot for property purchases. This family-friendly suburb, nestled between Brisbane and the Sunshine Coast, continues to attract buyers with its affordability, strong community vibe, and proximity to both city life and coastal escapes.
The neighbouring suburb of Caboolture ranks second, reinforcing the growing appeal of the Moreton Bay region. Buyers are increasingly drawn to this area for its value-packed homes, expanding infrastructure, and lifestyle benefits.
Queensland’s top suburbs illustrate a continued push toward balancing affordability with lifestyle appeal. The Moreton Bay region leads the charge, catering to families and professionals looking for value and convenience, while the Gold Coast area maintains its magnetic draw for those seeking the best of city and beach living.
