Australia’s best performing market over the three years to April, which reflects the latest statistics from RP Data, shows that the country’s biggest surge in property prices was not in an inner city suburb, mining town or area that’s frequently in the news.
Rocky Point, a small town close to the northern-most tip of Queensland, has witnessed its property prices more than double over the last three years. This is growth that trumps every other property market in the country and has occurred despite the town being accessible by just one road.