SNAPSHOT: 2026-05-24
Weekly Suburb Growth Report
Week ending 24 May 2026
Compared to week ending 17 May 2026
1. Executive Summary
- 8,782 suburbs tracked with price data for both weeks
- 11.0% of suburbs showed positive week-on-week growth
- 9.2% showed decline. 79.7% were flat (no change)
- Average week-on-week change: +0.02%. Median: 0.00%
2. Regional Breakdown
Average week-on-week price change by region. Only regions with 10+ suburbs shown.
| Region (SUA) | Avg WoW | Suburbs Up | Suburbs Down | Total |
|---|---|---|---|---|
| Rest of WA | +0.09% | 45 | 18 | 487 |
| Rest of SA | +0.09% | 48 | 26 | 449 |
| Rest of Vic. | +0.05% | 159 | 97 | 1239 |
| Rest of Qld | +0.03% | 163 | 102 | 1440 |
| Brisbane | +0.03% | 82 | 73 | 561 |
| Perth | +0.03% | 64 | 45 | 362 |
| Sydney | +0.02% | 100 | 82 | 861 |
| Rest of NSW | +0.02% | 117 | 93 | 1647 |
| Adelaide | +0.01% | 47 | 37 | 467 |
| Hobart | 0.00% | 22 | 25 | 115 |
| Rest of NT | 0.00% | 0 | 0 | 37 |
| Rest of Tas. | -0.01% | 43 | 58 | 459 |
| Australian Capital Territory | -0.02% | 2 | 4 | 107 |
| Melbourne | -0.13% | 77 | 151 | 551 |
3. Top 10 Growth Suburbs (Volume >= 3 Sales)
Filtered to suburbs with at least 3 sales in the past 30 days.
| Suburb | SUA | Median Price | WoW Change | Sales (30d) |
|---|---|---|---|---|
| Hillier | Adelaide | $541,000 | +10.63% | 3 |
| Bankstown | Sydney | $1,460,000 | +4.29% | 7 |
| Box Hill North | Melbourne | $1,240,000 | +4.20% | 5 |
| New Norfolk | Hobart | $556,000 | +3.73% | 10 |
| Russell Island | Brisbane | $627,000 | +3.47% | 11 |
| Lake Wendouree | Rest of Vic. | $1,120,000 | +2.75% | 3 |
| Burpengary East | Brisbane | $1,210,000 | +2.54% | 4 |
| Kew East | Melbourne | $2,080,000 | +2.46% | 5 |
| Seven Hills (Qld) | Brisbane | $1,700,000 | +2.41% | 4 |
| Parkville (Vic.) | Melbourne | $1,840,000 | +2.22% | 3 |
Hillier leads at +10.63% (3 sales). Among higher-volume suburbs, Box Hill North (+4.20%, 5 sales) stands out.
4. Top Declining Suburbs (Volume >= 3 Sales)
| Suburb | SUA | Median Price | WoW Change | Sales (30d) |
|---|---|---|---|---|
| Lamb Island | Brisbane | $898,000 | -6.26% | 3 |
| Mount Cottrell | Melbourne | $943,000 | -3.48% | 4 |
| Palm Beach (Qld) | Rest of Qld | $2,250,000 | -3.02% | 20 |
| South Hobart | Hobart | $860,000 | -2.38% | 9 |
| Daglish | Perth | $1,910,000 | -2.05% | 4 |
| Bundoora (Vic.) | Melbourne | $833,000 | -1.88% | 35 |
| Moore Park Beach | Rest of Qld | $789,000 | -1.87% | 3 |
| Rye | Melbourne | $1,050,000 | -1.87% | 23 |
| Braidwood | Rest of NSW | $744,000 | -1.85% | 3 |
| Rosebud | Melbourne | $799,000 | -1.84% | 22 |
5. Methodology
- Source: Microburbs Smart Median (prop_list_price_0_5_buy_house)
- This week: 2026-05-24. Prior week: 2026-05-17
- 8,782 SALs total, 8,782 with data for both weeks
- Volume filter: minimum 3 sales in past 30 days