Hot East Coast Suburbs
05 November 2020
The east coast of Australia is the nation's
true heartland, with the combined population of Queensland, New South Wales, Australian Capital Territory, Victoria, and Tasmania representing 81% of Australia's population. Large property markets exist in all state capitals, with Sydney, Melbourne, and Brisbane accounting for the vast majority of market share. Prices across most cities have remained strong despite the COVID-19 pandemic, with median house prices across capital cities up 4.6%, and median unit prices up 2.2% over the year.