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Top 10 boom suburbs outstrip modest value growth elsewhere

The top ten suburbs for dwelling value increases over the past six months have recorded double digit growth, but the wider market is performing more modestly and faces significant headwinds in what could be a turbulent end to 2023.

View from Sydney Harbour to suburb of Point Piper.
Sydney's Point Pier was among the affluent suburbs that were prominent among the top ten for median value growth over six months. (Image source: Shutterstock.com)

Property prices have failed to go near keeping up with inflation nationally over the past six months but some areas have defied the modest national gains to record as much as a 14.4 per cent growth in median house values.

Sydney and Adelaide suburbs

dominated the list of top ten houses for price growth, while Sydney stood alone with six of the top ten spots for units.

Property prices nationally have risen 2.3 per over the first six months of 20…

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