For some areas which made the national top ten, five years ago buyers would have been purchasing lots or house and land packages compared to 2019 when these now established neighbourhoods have  residential homes.

The findings aren’t surprising to realestate.com.au chief economist Nerida Conisbee.

“The reason is that a lot of them (in the national top ten) have new estates. So we’ve had significant change in the housing stock, so that bit is not surprising.