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Suburbs that have quietly bolted

Nila Sweeney
Nila SweeneyReporter

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Australia's biggest property markets are just coming out of the downturn but some areas have already bolted, new data from CoreLogic shows.

Over the past 12 months, a number of lifestyle suburbs and affluent areas around the country have surged by at least 10 per cent even as the broader market showed a 5.2 per cent decline in dwelling prices -highlighting the different speeds at which markets are moving even within the same city.

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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au

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