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Australian waterfront properties commanding some of world's highest premiums

Australian cities have taken three of the top five slots in a global real estate list that measures the potential value uplift for prime homes on the water’s edge.

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Luxury waterfront properties in Australia command some of the highest premiums for the views and location compared to the rest of the world.

Australian cities have taken three of the top five slots in this year’s International Waterfront Index, with Sydney leading the rankings and Gold Coast and Perth in the top echelon.

Brisbane (6th) and Melbourne (10th) also made the top 10.

The index measures the potential value uplift for prime homes on t…