It\u2019s the kind of prediction that makes homeowners smile and buyers groan. Fresh modelling suggests that property prices in parts of Australia could double by 2030, with the national median tipped to surge well past $1 million within just a few years.<\/p>\n\n\n\n
New figures from Suburbtrends show that by the end of the decade, many regions across Queensland, South Australia, and regional New South Wales could experience house price growth between 80 and 100 per cent.<\/p>\n\n\n\n
According to the research, the national median house price \u2014 now sitting around $875,000 \u2014 could climb above $1.5 million by 2030 if current growth rates hold. In some local government areas, that means price increases of more than $600,000 over six years, reports Realestate<\/a>.<\/p>\n\n\n\n Suburbs in South East Queensland stand out as the strongest performers. In the Brisbane corridor, including Ipswich, Logan, and Moreton Bay, property values are projected to rise by as much as 93 per cent. The Sunshine Coast and Gold Coast are close behind, driven by lifestyle demand and population inflows.<\/p>\n\n\n\n In South Australia, regional hubs such as Mount Barker and Gawler could record price growth exceeding 80 per cent, while in New South Wales, areas west of Sydney \u2014 including Penrith, Campbelltown, and the Central Coast \u2014 are also expected to see significant jumps.<\/p>\n\n\n\n