If only we had the hindsight ten year’s ago to know where would be the top Aussie suburbs with the strongest long-term price growth.
Well realestate.com.au and PropTrack have crunched the numbers and delivered who is cheering from their decade-old purchase.
The majority of the suburbs with the fastest house price growth rates over the past decade were found in Queensland and New South Wales.
But rather than Sydney or Brisbane suburbs dominating the list, it was coastal towns and lifestyle destinations outside the capital cities that recorded the strongest growth, including our very own Bingara.
The data examines changes in median sale prices over the 10 year period from 2014 until 2024 to determine an average rate of annual price growth over the past decade.
A decade ago, a typical Bingara house was worth just $120,000 but today the same home would be worth about $355,000, equating to an average annual growth rate of 11.5 per cent.
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