Property Market Trends Properties that smashed sales records
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Thanks to the booming property market, some Australian suburbs not only broke their house sale records but absolutely smashed them.

Rather than being areas known for their ultra-luxury properties, the biggest record-breakers were in outer, rural or waterfront suburbs where demand has surged during the COVID-19 pandemic.

The properties responsible for smashing suburb records in 2021 were an eclectic mix: a $15 million-plus art gallery home, an 1800s inn, an idyllic rural paradise, a 10-bedroom waterfront home and houses sitting on huge blocks.

In a year when when property records for the Australian market and individual suburbs tumbled, here are the top 10 record-breaking suburb sales for houses nationally in 2021. The suburbs were ranked by PropTrack based on the percentage difference between the record-breaking house sale price in 2021 and the previous most expensive sale.

27 Buckingham Road, Baulkham Hills, New South Wales

Topping the list was this development site in the outer Sydney suburb of Baulkham Hills.

Overhead view of a Baulkham Hills development site.

This Baulkham Hills property was marketed for its development potential.

It featured a spacious four-bedroom house with a five-car garage and salt water pool, but the real drawcard was the 5697sqm site itself.

The listing noted there was a proposed six-lot subdivision subject to council approval, adding the raw site represented a unique opportunity for redevelopment.

The November sale price was not publicly disclosed, but PropTrack estimated it represented an 126% increase on Baulkham Hills’ previous record of $3.06 million, set in June 2021.

House on a large Baulkham Hills property.

There is a spacious four-bedroom house on the site.

9 Temple Island Circuit, Oxenford, Queensland

Marketed as a “sophisticated paradise in a prized waterfront position”, this five-bedroom, six-bathroom home set a new record for the Gold Coast suburb of Oxenford.

Front view of a $2.7 million home in the Gold Coast suburb of Oxenford.

This lake-front home in Oxenford on the Gold Coast sold for a record $2.715 million.

Positioned on a large 1000sqm lake-front block, the home offered “luxury living and grand entertaining in a private setting”.

It features an all-weather outdoor room overlooking the water, a pool and large yard.

Outdoor room of a home overlooking the water on the Gold Coast.

The all-weather outdoor room overlooking the water.

The home in May sold for $2.715 million, 112% higher than Oxenford’s previous house sale record of $1.28 million set in January 2021.

49-57 Blaikie Road, Jamisontown, NSW

The land – all two hectares of it – was the main attraction of this property in the outer Sydney suburb of Jamisontown.

Overhead view of a five-acre property in Sydney's Jamisontown.

The two hectares of land was the big attraction for this $3.4 million Jamisontown home.

There was a four-bedroom, double-storey home, but the property was pitched as an ideal investment opportunity in a premium location near Penrith.

The property sold in February for $3.4 million, double the previous suburb record of $1.67 million set in March 2016.

Front view of a four-bedroom home in Sydney's Jamisontown.

A four-bedroom home sits on the property, marketed as an investment opportunity.

650-652 Main Road, Granton, Tasmania

The Gothic architecture, stone construction and history of this 1800s property – the Black Snake Inn – attracted the interest of hundreds of potential buyers when it went up for sale.

Exterior of the Black Snake Inn, built in the 1800s.

The sale of the Black Snake Inn attracted a lot of interest.

“It is so unusual. For a lot of people it has been a mystery, a property that rarely changes hands,” Fall Real Estate agent John Soundy said at the time.

Some buyers saw its potential as a commercial venture, others as an opportunity to return a “magnificent, if faded” home to its former glory.

View over the water of the Black Snake Inn property in Tasmania's Granton.

The unusual property set a suburb record for Granton.

The sale price was not disclosed, but PropTrack estimated it was double Granton’s previous record of $1.325 million, also set in September 2021.

257 South Arm Road, Lauderdale, Tasmania

No ordinary home, this sprawling, six-bedroom, five-bathroom abode on a 2.03ha prized waterfront estate offered resort-style living.

Aerial view of an estate

The 2ha prized waterfront estate sold for $3 million, a record for Lauderdale.

“From the road, it sits into the landscape quite nicely,” Harcourts Hobart property representative Ben Vance said when the home went on the market. “But coming in from the water, that is when you really get an idea of the scale of this spectacular home.”

The property in Lauderdale, on Hobart’s outskirts, sold for $3 million in July – double the previous suburb record of $1.505 million set in January 2015.

Aerial view of a Lauderdale home with water in the background.

The six-bedroom home on the shores of Ralphs Bay is now up for rent.

It is now advertised to rent, for $2500 a week.

45 Junction Road, Leumeah, NSW

This spacious four-bedroom family home was advertised as a rare opportunity, offering lots of options such as a renovation or possible dual occupancy subject to council approval.

Front view of a spacious family home in Leumeah in outer Sydney.

The spacious family home sold for $2.1 million, a suburb record for Leumeah in outer Sydney.

On a 1.32ha block, the property backs onto natural reserve and bushland in the outer Sydney suburb of Leumeah.

Large backyard of a home in Sydney's Leumeah.

The home sits on a 1.32ha block, backing onto natural bushland.

The property sold in August for $2.1 million, double the $1.057 million record set for Leumeah just two months earlier.

19 Curtis Parade, The Entrance North, NSW

Boasting uninterrupted 180-degree vistas, it’s easy to see the appeal of this beachfront home.

Ocean view from the master ensuite of a home in NSW's The Entrance North.

Even the master ensuite has spectacular ocean views.

Situated in a tightly-held pocket of the coastal village of The Entrance North on the NSW Central Coast, the 696sqm property offered “a beachside lifestyle ready for endless days on the sand”.

The six-bedroom, three-bathroom home featured open plan living and a vast waterfront deck, along with direct beach access.

Waterfront deck overlooking the ocean of a NSW Central Coast home.

The home, which features a vast waterfront deck and direct beach access, sold for a record $4.4 million.

It sold for $4.4 million in November, nearly double The Entrance North’s previous record house sale of $2.25 million set in January 2017.

311 Myers Road, Merricks North, Victoria

Featuring the highest price tag on the national record-breaking top 10 list, this art gallery-inspired home broke the record for rural Merricks North by an estimated $7 million.

Exterior of a gallery-inspired home in Merricks North.

The striking concrete gallery-inspired extension of the record-breaking Merricks North home.

The Mornington Peninsula property, on a 27.11ha block, was listed with an upmarket $15 million price tag.

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