Web Specials
API Fast Growth 50 – Units
The suburbs listed in the following table are the top 50 locations for rental growth in units over the 2009 calendar year, as identified by Australian Property Monitors data. This table is published as an adjunct to the Fast Growth 50 feature in the March 2010 API, which outlines the top 50 rental growth locations for houses, including information about what’s driving that rental growth.
55| Top rental growth suburbs, 2009 | 12 Mths to Dec 2009 | Rental Growth % | 12 Mths to Dec 09 | Growth % | |||||||
| Rank | Suburb | Postcode | Region Label | State | No. For Rent | Median Weekly Asking Rent | Last Year | Last 5 Years | Median Sale Price | Last Year | Last 5 Years |
| 1 | Paradise Point | 4216 | Gold Coast North | QLD | 41 | $450 | 36.4% | 80.0% | $535,000 | -3.2% | 47.6% |
| 2 | The Gap | 870 | Alice Springs | NT | 45 | $265 | 34.2% | 20.5% | $292,500 | 34.2% | 99.0% |
| 3 | Jindabyne | 2627 | NSW Country | NSW | 187 | $280 | 33.3% | snr | $184,000 | -10.9% | 5.1% |
| 4 | Dawes Point | 2000 | City and East | NSW | 65 | $1,390 | 32.4% | 11.2% | snr | snr | snr |
| 5 | Rapid Creek | 810 | Darwin | NT | 109 | $370 | 32.1% | 68.2% | $342,586 | 5.4% | 120.3% |
| 6 | Sherwood | 4075 | Brisbane West | QLD | 72 | $363 | 31.8% | 72.6% | $426,250 | 0.3% | 70.5% |
| 7 | Cairns City | 4870 | Cairns | QLD | 84 | $395 | 29.5% | snr | $416,666 | -7.4% | 24.4% |
| 8 | West End | 4101 | Brisbane West | QLD | 146 | $460 | 27.8% | 91.7% | $477,000 | -20.2% | 45.6% |
| 9 | Margate | 4019 | Bayside North | QLD | 93 | $300 | 27.7% | 73.9% | $380,000 | 2.7% | 28.8% |
| 10 | Earlville | 4870 | Cairns | QLD | 68 | $290 | 26.1% | snr | $196,500 | -19.0% | 61.7% |
| 11 | Kiama | 2533 | Wollongong | NSW | 86 | $285 | 23.9% | 50.0% | $359,000 | 6.8% | -0.8% |
| 12 | Geelong West | 3218 | Geelong | VIC | 47 | $210 | 23.5% | 55.6% | $240,000 | 9.1% | 31.5% |
| 13 | Avoca Beach | 2251 | Central Coast | NSW | 42 | $320 | 23.1% | snr | $550,000 | -9.8% | -27.5% |
| 14 | Leumeah | 2560 | South West | NSW | 50 | $245 | 22.5% | 53.1% | $275,000 | 18.3% | 19.6% |
| 15 | Darwin | 800 | Darwin | NT | 452 | $550 | 22.2% | 78.9% | $512,500 | 33.6% | 119.5% |
| 16 | Carramar | 2163 | South West | NSW | 69 | $230 | 21.1% | 43.8% | $160,000 | 7.9% | -18.8% |
| 17 | West Footscray | 3012 | West | VIC | 106 | $250 | 20.5% | 85.2% | $245,000 | -4.7% | 67.8% |
| 18 | Gordon | 2072 | Upper North Shore | NSW | 150 | $550 | 20.2% | 64.2% | $650,500 | -3.3% | 10.3% |
| 19 | Williamstown | 3016 | West | VIC | 145 | $300 | 20.0% | 66.7% | $356,000 | 1.7% | 34.1% |
| 20 | St Peters | 2044 | Inner West | NSW | 93 | $420 | 20.0% | 23.5% | $380,000 | -17.7% | -26.6% |
| 21 | Bargara | 4670 | Qld Rural | QLD | 50 | $300 | 20.0% | snr | $365,000 | -2.4% | 17.7% |
| 22 | Warwick Farm | 2170 | South West | NSW | 78 | $245 | 19.5% | 48.5% | $183,999 | 11.5% | -9.8% |
| 23 | Nowra | 2541 | Wollongong | NSW | 84 | $155 | 19.2% | 19.2% | $202,000 | 57.2% | 39.3% |
| 24 | Canley Vale | 2166 | South West | NSW | 51 | $250 | 19.0% | 56.3% | $210,500 | 16.0% | -8.1% |
| 25 | Newtown | 3220 | Geelong | VIC | 58 | $220 | 18.9% | 63.0% | $245,000 | 11.9% | 46.7% |
| 26 | Shoal Bay | 2315 | Newcastle | NSW | 51 | $220 | 18.9% | snr | $350,000 | 2.5% | -32.0% |
| 27 | Hastings | 3915 | Mornington Peninsula | VIC | 72 | $238 | 18.8% | snr | $235,000 | 5.6% | 26.7% |
| 28 | Niddrie | 3042 | West | VIC | 54 | $333 | 18.8% | 40.0% | $350,000 | -13.6% | -2.8% |
| 29 | Hamilton | 2303 | Newcastle | NSW | 92 | $273 | 18.5% | 32.9% | $410,000 | -7.3% | 26.2% |
| 30 | Long Jetty | 2261 | Central Coast | NSW | 64 | $260 | 18.2% | 57.6% | $262,250 | 0.9% | -12.6% |
| 31 | Cleveland | 4163 | Bayside South | QLD | 120 | $375 | 17.2% | snr | $445,000 | 5.9% | 34.8% |
| 32 | Thomastown | 3074 | North East | VIC | 52 | $240 | 17.1% | 42.0% | $277,500 | 10.0% | 40.2% |
| 33 | Nightcliff | 810 | Darwin | NT | 141 | $350 | 16.7% | 81.8% | $325,000 | 16.1% | 164.2% |
| 34 | Turramurra | 2074 | Upper North Shore | NSW | 126 | $420 | 16.7% | 25.4% | $497,500 | 11.2% | 22.1% |
| 35 | Abbotsford | 3067 | Inner Urban | VIC | 92 | $350 | 16.7% | 84.2% | $464,250 | 32.3% | 42.4% |
| 36 | Geraldton | 6530 | WA Country | WA | 65 | $175 | 16.7% | 45.8% | $222,500 | -12.7% | snr |
| 37 | Burnie | 7320 | Mersey Lyell | TAS | 63 | $140 | 16.7% | 43.6% | $132,000 | 20.0% | snr |
| 38 | Haberfield | 2045 | Inner West | NSW | 59 | $350 | 16.7% | 52.2% | snr | snr | snr |
| 39 | Bowen | 4805 | Qld Rural | QLD | 53 | $280 | 16.7% | snr | $305,000 | -19.3% | 22.0% |
| 40 | Toronto | 2283 | Newcastle | NSW | 51 | $280 | 16.7% | 75.0% | $340,000 | 12.4% | 3.0% |
| 41 | South MacKay | 4740 | Qld Rural | QLD | 42 | $315 | 16.7% | 96.9% | $287,500 | 11.0% | 69.1% |
| 42 | Sunshine West | 3020 | West | VIC | 59 | $250 | 16.3% | 72.4% | $295,000 | -1.7% | 45.3% |
| 43 | Islington | 2296 | Newcastle | NSW | 67 | $360 | 16.1% | snr | $359,000 | 18.3% | 1.1% |
| 44 | Woolooware | 2230 | South | NSW | 71 | $290 | 16.0% | snr | $305,000 | 29.5% | -21.3% |
| 45 | Wynnum | 4178 | Bayside South | QLD | 63 | $290 | 16.0% | 75.8% | $355,000 | -3.8% | 32.5% |
| 46 | Lambton | 2299 | Newcastle | NSW | 51 | $200 | 15.9% | 29.0% | snr | snr | snr |
| 47 | Kooringal | 2650 | NSW Country | NSW | 150 | $185 | 15.6% | snr | $174,500 | 19.9% | 63.1% |
| 48 | Highgate Hill | 4101 | Brisbane West | QLD | 81 | $370 | 15.6% | 60.9% | $392,500 | -4.4% | 48.1% |
| 49 | Campbelltown | 2560 | South West | NSW | 90 | $225 | 15.4% | 47.5% | $251,250 | 33.1% | 11.7% |
| 50 | Melton South | 3338 | West | VIC | 58 | $225 | 15.4% | 45.2% | $188,500 | -3.3% | 30.0% |
Source: Australian Property Monitors
snr = statistically not reliable
Recent Web Specials:
Rivett Property Data & News
Tiwi Property Data & News
Kambah Property Data & News
Will regional areas outshine capitals?
Report card: 2010 Hot 100
Escaping the rat race
