SNAPSHOT: 2026-06-03
Weekly Suburb Growth Report
Week ending 31 May 2026
Compared to week ending 24 May 2026
1. Executive Summary
- 8,774 suburbs tracked with price data for both weeks
- 14.9% of suburbs showed positive week-on-week growth
- 11.6% showed decline. 73.5% were flat (no change)
- Average week-on-week change: +0.04%. 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 | +0.20% | 89 | 24 | 486 |
| Rest of SA | +0.11% | 50 | 31 | 445 |
| Rest of Qld | +0.08% | 245 | 125 | 1443 |
| Rest of NSW | +0.08% | 205 | 138 | 1641 |
| Rest of Tas. | +0.07% | 75 | 55 | 461 |
| Sydney | +0.03% | 155 | 124 | 860 |
| Rest of Vic. | +0.03% | 140 | 132 | 1239 |
| Perth | +0.01% | 92 | 69 | 362 |
| Adelaide | 0.00% | 50 | 43 | 467 |
| Brisbane | 0.00% | 76 | 84 | 561 |
| Australian Capital Territory | 0.00% | 2 | 1 | 107 |
| Rest of NT | -0.01% | 0 | 2 | 37 |
| Hobart | -0.02% | 14 | 18 | 115 |
| Melbourne | -0.21% | 113 | 174 | 550 |
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) |
|---|---|---|---|---|
| Delaneys Creek | Brisbane | $1,130,000 | +3.67% | 3 |
| Miranda (NSW) | Sydney | $1,800,000 | +3.45% | 10 |
| Bankstown | Sydney | $1,540,000 | +3.36% | 5 |
| Greystanes | Sydney | $1,550,000 | +3.33% | 11 |
| Queanbeyan | Rest of NSW | $829,000 | +3.24% | 13 |
| Murray Bridge East | Rest of SA | $556,000 | +2.96% | 3 |
| Essendon North | Melbourne | $1,420,000 | +2.90% | 5 |
| Cootamundra | Rest of NSW | $532,000 | +2.90% | 8 |
| Banjup | Perth | $1,100,000 | +2.80% | 3 |
| Gregory Hills | Sydney | $1,140,000 | +2.70% | 10 |
Delaneys Creek leads at +3.67% (3 sales). Among higher-volume suburbs, Bankstown (+3.36%, 5 sales) stands out.
4. Top Declining Suburbs (Volume >= 3 Sales)
| Suburb | SUA | Median Price | WoW Change | Sales (30d) |
|---|---|---|---|---|
| Mount Cottrell | Melbourne | $857,000 | -5.30% | 6 |
| Deepdene (Vic.) | Melbourne | $2,370,000 | -5.20% | 5 |
| Noosaville | Rest of Qld | $2,430,000 | -3.95% | 9 |
| South Perth | Perth | $1,550,000 | -3.73% | 9 |
| Sandringham (NSW) | Sydney | $2,440,000 | -3.56% | 3 |
| Altona (Vic.) | Melbourne | $1,100,000 | -3.51% | 10 |
| Little River (Vic.) | Melbourne | $755,000 | -3.08% | 3 |
| Bondi Junction | Sydney | $2,970,000 | -2.94% | 6 |
| Fraser Rise | Melbourne | $686,000 | -2.83% | 17 |
| Chirnside Park | Melbourne | $941,000 | -2.79% | 15 |
5. Methodology
- Source: Microburbs Smart Median (prop_list_price_0_5_buy_house)
- This week: 2026-05-31. Prior week: 2026-05-24
- 8,774 SALs total, 8,774 with data for both weeks
- Volume filter: minimum 3 sales in past 30 days