A new study by Ray White’s Senior Data Analyst Atom Go Tian has revealed Adelaide is leading the pack when it comes to high-growth coastal suburbs in Australia. Over the past five years, Adelaide’s coastal areas have seen some of the most impressive increases in house prices, proving the city is definitely becoming one of the most desirable places to live.
The study shows that Adelaide has four of the top ten fastest-growing coastal suburbs in Australia: Kingston Park, Seacliff, Maslin Beach, and South Brighton. Kingston Park leads with a huge 267.5% growth over five years, followed by Seacliff at 171.4% and Maslin Beach with a 133.1% increase. While Kingston Park’s prices have reached around $2.15 million, Maslin Beach sits at a more affordable option at $860,000, with Seacliff and South Brighton falling somewhere in between.
Senior Data Analyst Atom Go Tian says there are two main reasons behind this growth. First, Adelaide is booming as a city overall right now, not just along its coastline, which has increased demand in its coastal suburbs. Second (and most obvious), Adelaide’s coastal areas are beautiful, with stunning beaches, fantastic dining options, nearby wine regions, easy access to the city, and much more.
While Sydney has traditionally been a leader in the high-end coastal market, the study shows that it’s now experiencing slower growth. Suburbs like Queenscliff, Copacabana, and Darling Point saw price increases of 171.3%, 163.5%, and 137.3%, respectively. While these growth rates are impressive, they are far behind what Adelaide is seeing.
“In Sydney, house prices are well above $2 million, which may explain why Sydney’s coastal suburbs no longer appear on the top 10 growth list – they are just too high,” Ray White’s Senior Data Analyst Atom Go Tian says. “The ceiling for Adelaide’s coastal suburbs could still have room to grow.”
Here are Australia’s top 10 growth capital city coastal suburbs (looking at 5-year growth):
- Kingston Park, Adelaide – 267.5%
- Seacliff, Adelaide – 171.4%
- Queenscliff, Sydney – 171.3%
- Copacabana, Sydney – 163.5%
- Marmion, Perth – 142.1%
- Watermans Bay, Perth – 139%
- Darling Point, Sydney – 137.3%
- Maslin Beach, Adelaide – 133.1%
- South Brighton, Adelaide – 130.2%
- Bonnet Hill, Hobart – 126.3%
Adelaide’s coastal suburbs are expected to stay red-hot in Australia’s property market. As more people move to coastal living, especially in the southern suburbs, Adelaide is quickly becoming the go-to destination for both homebuyers and investors. With affordable prices, a great quality of life, and an ever-growing economy, Adelaide is a goldmine for long-term property value gains.
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