Who Wants To Be a Millionaire?

A further 32 capital city property markets have breached the million-dollar median mark in the past three months.

New data from Domain shows suburbs in Sydney, Brisbane, Adelaide, Perth, and Melbourne all made it onto the list. South Australia now has 27 suburbs with million-dollar medians after Magill joined the list in the past quarter.

In Victoria, prices in Maribyrnong (houses) and Ivanhoe East (units) grew by 7.2% and 7.5%, respectively, to breach $1 million. In New South Wales, another 14 suburbs made it into the million-dollar median territory, including South Wentworthville, where the median increased by 14.4% in the past quarter.

In Western Australia, six suburbs entered million-dollar median territory including Beaconsfield and Booragoon, while in Queensland there were nine suburbs added to the list including Aspley and Bellbowrie. Nationwide four suburbs also joined the $2 million club during the quarter, Croydon Park, Mascot and Double Bay in New South Wales and St Lucia in Queensland.

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