Queensland suburbs could double in value by 2036

Exclusive housing data indicates that property values across numerous Australian regions are projected to double over the next decade, with specific Queensland suburbs primed for significant surges by 2036. The findings challenge prevailing pessimism surrounding the national property market, demonstrating that current market cooling measures and recent price dips are temporary phases within a broader multi-decade growth trajectory. News of the death of Australia’s housing market has been greatly exaggerated, according to an exclusive new data set.

The research, compiled by realestate.com.au, evaluates historical market performances alongside a twenty-year projection trend, incorporating the current downturn and projecting suburb-by-suburb median values for houses and units. While Brisbane home values have experienced temporary downward pressure, sitting lower than their previous peak, experts emphasize that these adjustments pale in comparison to the immense gains accumulated since the COVID-19 pandemic. According to senior economist Angus Moore, the figures highlight an extraordinary period for regional and state property markets, where lower-priced housing options have consistently outpaced wealthier enclaves.

Mr Moore noted that the state's recent price falls were minor when held up to the growth that values had experienced since the Covid pandemic.

"It shows just how remarkable the last six years or so have been in Queensland."

Angus Moore, Senior Economist, via Andrews

He added that cheaper suburbs had outperformed blue chip markets in recent years. Pointing to broader national comparisons, Mr Moore noted that houses under a certain threshold are already quite rare in major metropolitan centres like Sydney, and models indicate that prices are expected to bottom out, pushing more suburbs past key valuation thresholds.

Property analysts note broader shifts occurring across major metropolitan centers as well. In Melbourne, prolonged market slumps have increased affordability, positioning the city advantageously for prospective buyers over the coming decade. Homeowners in numerous Melbourne suburbs could see substantial house-value gains, with cheaper neighbourhoods leading the charge if history repeats. Realestate.com.au modelling puts five-year growth in those suburbs at a significant margin, while million-dollar house suburbs are projected to scale upward significantly under the ten-year scenario.

Similarly, in South Australia, development activity catalyzed by both local and interstate investors has driven intense market interest, particularly in northern suburbs where values continue to climb. Adelaide property has only recently begun to correct after strong growth in recent years. On the current trajectory, some suburbs in the city's north could rise in value drastically. Edge Realty director Mike Lao described how a surge of development activity in the wake of Covid created a feeding frenzy. According to Mr Lao, while the heat has come out of the market, enduring demand for accessible entry points and attractive lifestyles will safeguard long-term homeowner gains over time.

To provide a clearer picture of how regional housing markets compare in projected performance, the following overview outlines key metrics and expert observations across different Australian territories:

Region / Territory	Projected Growth Outlook	Key Market Driver / Analyst Observation
Queensland	Suburbs tipped to double in value by 2036	Recent price falls are minor compared to post-pandemic gains; affordable areas outperform blue-chip locations, according to realestate.com.au.
South Australia	Northern suburbs rising by up to 250 percent on current trajectory	Post-COVID development activity and interstate investor interest created high demand for affordable entry points, per Edge Realty.
Melbourne	Suburbs projected to see strong multi-year gains	Prolonged market slumps have increased affordability, making the city increasingly attractive for future buyers.

Parallel economic and demographic shifts are reshaping coastal and regional hubs nationwide, such as Wollongong in New South Wales, where urban populations continue to expand alongside diversifying local industries ranging from higher education to residential construction and heavy industry centred around Port Kembla. Such regional centres demonstrate the wider interplay between geographic constraints, infrastructure investments, and housing demand that influences property trajectories across the country.

Market participants will be watching closely as housing markets approach the projected bottoming-out phase, after which economists anticipate further suburbs will be pushed past key valuation thresholds.