Find out if your suburb is a property hot spot or a danger zone.
This page was created in 2018 with data from that time period. The information on this page has not been updated and does not reflect current market conditions.
If you're buying, selling or investing in property, you need to look closely at suburb-level data to make a better decision. To help you do this, we've analysed property data using six key metrics in order to evaluate market conditions by postcode. The result: a "Boom and Doom" score for houses and units in every postcode in Australia's capital cities. These are scores out of 100 which correspond to five categories:
⚠️ Very vulnerable: under 40 👎 Vulnerable: 40-50 ➡️ Average: 50-60 🤞 Somewhat safe: 60-80 👍 Safe: above 80
Suburbs with a "Vulnerable" or "Very vulnerable" score are more likely to experience, or are currently experiencing, significant price drops. Safe suburbs are ones that have seen recent price rises, faster sales and less discounting.
You can search our index by entering a postcode or suburb name in the box below. Click the buttons below to read more on our methodology and scoring system.
Search postcodes and suburbs across Australia's capital cities
This table was last updated on 25 October 2018.
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Postcode
City
Suburbs
House score
House status
Unit score
Unit status
6004
Perth
East Perth
30.5
👎 Vulnerable
41.5
– Average
5117
Adelaide
Angle Vale
28.5
👎 Vulnerable
Under 250 units
Doesn't meet criteria
5115
Adelaide
Kudla, Munno Para, Munno Para Downs, Munno Para West
33.5
👎 Vulnerable
Under 250 units
Doesn't meet criteria
5116
Adelaide
Evanston, Evanston Gardens, Evanston Park, Evanston South, Hillier
35.5
👎 Vulnerable
Under 250 units
Doesn't meet criteria
6069
Perth
Aveley, Belhus, Brigadoon, Ellenbrook, The Vines, Upper Swan
38.0
👎 Vulnerable
35.5
👎 Vulnerable
6167
Perth
Anketell, Bertram, Calista, Casuarina, Kwinana Beach, Kwinana Town Centre, Mandogalup, Medina, Orelia, Parmelia, Postans, The Spectacles, Wandi
37.0
👎 Vulnerable
50.5
– Average
3205
Melbourne
South Melbourne
38.0
👎 Vulnerable
75.5
👍 Safe
6072
Perth
Mahogany Creek
33.5
👎 Vulnerable
Under 250 units
Doesn't meet criteria
6061
Perth
Balga, Mirrabooka, Nollamara, Westminster
38.0
👎 Vulnerable
41.0
– Average
2140
Sydney
Homebush, Homebush South, Homebush West
75.0
👍 Safe
44.0
– Average
2150
Sydney
Harris Park, Parramatta, Parramatta Westfield
47.0
– Average
46.5
– Average
6121
Perth
Oakford, Oldbury
33.0
👎 Vulnerable
Under 250 units
Doesn't meet criteria
6109
Perth
Maddington, Orange Grove
41.5
– Average
31.5
👎 Vulnerable
6054
Perth
Ashfield, Bassendean, Eden Hill, Kiara, Lockridge
41.5
– Average
39.5
👎 Vulnerable
5169
Adelaide
Moana, Seaford, Seaford Heights, Seaford Meadows, Seaford Rise
32.5
👎 Vulnerable
50.5
– Average
2027
Sydney
Darling Point, Edgecliff, Hmas Rushcutters, Point Piper
50.5
– Average
81.5
👍 Safe
2104
Sydney
Bayview
41.0
– Average
Under 250 units
Doesn't meet criteria
810
Darwin
Alawa, Brinkin, Casuarina, Jingili, Lee Point, Millner, Moil, Nakara, Nightcliff, Rapid Creek, Tiwi, Wagaman, Wanguri
38.5
👎 Vulnerable
32.5
👎 Vulnerable
2557
Sydney
Catherine Field, Rossmore
37.5
👎 Vulnerable
Under 250 units
Doesn't meet criteria
3142
Melbourne
Hawksburn, Toorak
37.0
👎 Vulnerable
48.0
– Average
6064
Perth
Alexander Heights, Girrawheen, Koondoola, Marangaroo
42.5
– Average
49.0
– Average
6003
Perth
Highgate, Northbridge
57.5
– Average
67.0
🤞 Somewhat safe
2047
Sydney
Drummoyne
42.0
– Average
46.0
– Average
6070
Perth
Darlington
37.5
👎 Vulnerable
Under 250 units
Doesn't meet criteria
6021
Perth
Balcatta, Stirling
46.0
– Average
37.0
👎 Vulnerable
No properties matching your search criteria were found.
finder's Boom and Doom Index Methodology
We examined six key metrics using ABS and CoreLogic data to create our Boom and Doom scoring system, with different weightings for each metric:
Source
Metric
Weighting
CoreLogic
Average price changes in the last 12 months
45%
CoreLogic
Average time on market
15%
CoreLogic
Sales turnover
10%
ABS
Proportion of homes owned with a mortgage
10%
CoreLogic
Proportion of housing stock on the market
10%
CoreLogic
Average vendor sales discount
10%
Combining these data points creates a useful overview of a postcode's recent performance in the property market. We've weighted the data differently to reflect the fact that different data points have varying levels of impact.
It's important to note that we're looking at postcodes. One postcode can contain many suburbs, and some suburbs may fall between two postcodes. Suburbs will likely perform differently even within the same postcode. Crucially, the market conditions for houses and apartments are often completely different. That's why we've analysed and scored house and unit data separately by postcode.
What do these scores mean?
Our Boom and Doom scores are general indicators of a suburb's relative stability in the property market. It's important to keep in mind that past data is not always an accurate indicator of future performance, and the specific details of an individual property (size, location, number of rooms) are equally important factors to consider.
Some very expensive, "exclusive" postcodes have scored quite badly on our index, especially in Sydney and Melbourne. This is because recent price declines have made a big dent in prices in these suburbs. But even with significant drops, these are still some of the country's most expensive postcodes. 15% price falls might seem shocking, but in the wider context of years of runaway growth, most homeowners are still in a good position. Our index simply reflects the recent, broader trend in price declines.
Property prices are plummeting in my area, what should I do?
House prices are definitely down in many parts of Australia and more people are selling properties at a loss. But preparation is better than panic. Your response depends mainly on your plans and your financial position.
I'm paying off my mortgage
If prices are dropping but you're staying put, then you don't need to worry. But be aware that falling prices can limit your future options. If you need to sell in a hurry, you might have to sell at a loss. Also, falling prices can erode your equity (the value you've built up in the property through paying off your mortgage). This makes it harder to access that equity for things like renovations or investment.
Negative equity also makes it hard to refinance. If your home loan interest rate is very high, you should look at refinancing sooner rather than later. If your property continues to fall in value, you will find it even harder to refinance.
Investors thinking long term may not be too affected by falling prices. You won't see much capital gain in the short term if you buy in a falling suburb, but underlying fundamentals like supply and demand, population trends and future infrastructure developments can mean a suburb's future is bright even if there's a downturn.
You also need to think about rental yields versus the cost of your mortgage and property maintenance.
Investors hoping to buy a property and "flip" it quickly when prices rise should be very careful about buying in the riskier suburbs on our index.
If you're planning to sell in a vulnerable suburb, you need to be realistic. Your property might be worth less than you think. Check recent sales of comparable properties to see what your property could sell for – and consider your position. Do you need to sell right now, or can you wait a while longer? This is a gamble too since prices could fall or stagnate for several years.
If you need advice on finding a reliable real estate agent check out our guide or find an agent using the table below.
I'm planning to buy
If you're looking to buy in a vulnerable suburb, you might be able to get a property for a lower price than you would have a year or two earlier. But be aware that it could continue to drop. Safe suburbs have rising prices, and you might need to get in quick before prices rise further.
Compare mortgages from across the market
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