From pools to paddocks: The record-breaking suburb property sales over the past 12 months
Properties are selling for record prices across Australia, in a sign the nation's housing market isn't cooling down anytime soon.
The latest property insights from Proptrack revealed the suburbs where homes are selling for record-breaking sums.
Linden, New South Wales
A sprawling 5-bedroom, 3 bathroom property in the leafy Blue Mountains village of Linden recently sold for $2.55 million.
The sale in August surpassed the previous house price record of $1.52m.
Springwood, New South Wales
A Victorian Tudor-style manor in Springwood sold for an undisclosed sum in October 2023.
The three acre property is believed to have smashed the suburb's previous record sale of $2.3 million, meaning the new record sale is 70 per cent higher.
Newtown, New South Wales
A warehouse conversion in Newtown which sold $13.5 million was the second record sale of the year.
The sale of the 5-bed property surpassed the suburb's previous record of $6.65m by 103 per cent.
Dover Gardens, South Australia
In Dover Gardens, a 6-bedroom home sold for $3.04 million in June.
Located only 30 minutes from Adelaide's CBD the property smashed the previous top sale by $1.35m.
West Pymble, New South Wales
A 4-bedroom, 2-bath property in West Pymble recently sold for $9 million.
The home, which has a land size of 5,394 m², beat the previous sale record of $4.8 for the Sydney suburb.
Hurstville Grove, New South Wales
This oppulent 9-bedroom waterfront estate in Sydney's Hurstville Grove was purchased for a whopping $10.45 million in 2023.
The sale was a 98 per cent higher than the record sale set by a $5.27m 5-bedder in 2022.
Ravenswood, Western Australia
A 5-bedroom, 3-bath property on the Murray River in Ravenswood, Perth, sold in April for $2.42 million.
The sale was $1.8 million more than the previous record purchase of $1.29 million that took place in February.
Lamb Island, Queensland
This period home located on the Northernmost peninsula of Lamb Island in Moreton Bay, sold for a confidential price in May.
While the exact sale figure can't be revealed, the price was 74 per cent more than the previous top sale that went for $775,000 in 2021.
Elwood, Victoria
Situated in in Elwood's elite Golden Mile, this 5-bed renovated Federation-era property sold in February.
Although the sale price was not disclosed it's believed to be 71 per cent higher than the previous $10m price in 2022
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