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Best new million-dollar suburbs for capital growth revealed

Among the new suburbs to have attained or neared a median property price of $1 million, some may have reached a peak for now while others promise investors ongoing strong capital growth.

Jetty in Brisbane suburb of Wynnum
Wynnum (pictured) on Brisbane’s bayside had often been overlooked by investors but possibly not for much longer. (Image source: Shutterstock.com)

Strong capital growth over the past three years has elevated more and more suburbs nationwide close to the million-dollar-plus price bracket, but which of these have the most upside potential over the long-term?

Research from Hotspotting and buyers’ agency Propertybuyer has identified the Top 10 million-dollar hotspots around the country for home buyers and investors.

Propertybuyer CEO Rich Harvey said each suburb selected features positive eco…

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