Bondi Beach: the property price growth star in Money magazine's 2017 predictions
At the beginning of the year three experts from Money Magazine selected 50 locations that were going to fire for house price growth in 2017.
The experts, Chris Gray, Margaret Lomas and Jeremy Shepherd, each picked a handful of suburbs from New South Wales, Victoria, Queensland, South Australia and Tasmania that they thought would perform the strongest in 2017.
In the end the stand out selection was Sydney's Bondi Beach, which saw a 34 percent price growth on its houses.
Chris Gray's New South Wales selections of suburbs not far from Sydney paid off. He also chose Balmain, which saw a near 24 percent price growth.
The top selections across the board were those of Jeremy Shepherd.
Shepherd picked out Adamstown, near Newcastle, as a strong performer. That has yielded 25 percent media price growth over the year.
Shortly behind Gray's top pick overall was Shepherd's Victoria selection, Frankston North, which has seen a median house price growth of 32.8 percent.
Victoria was the trio's most consistent choices. All 10 picks from the state yielded over 10 percent.
Shepherd's outpicked the other two experts in South Australia, Tasmania and Queensland, selecting Adelaide (15.2 percent), Moonah (16.7 percent) and Keperra (9.5 percent).
The worst tip however also came from Shepherd, who selected Semaphore Park as a strong performer in South Australia.
That was the only selection of the 50 plus suburbs to go backwards.
Strong Bondi Beach house sales included a Sir Thomas Mitchell Road home that sold for $4.1 million in May.
The four bedroom home last traded for $2.7 million in 2010.
Highlights:
Winner - Bondi Beach - 34 percent
Second place - Frankston - 32.8 percent
Third place - Balmain - 23.9 percent
Wooden spoon - Semaphore Park - -4.5 percent
Selections for 2017 with figures from their performance in 2016 as sourced from propertyvalue.com.au.
| Suburb | State | Median price | Rental yield | Growth (1 yr)* | Expert |
| Calwell | ACT | $479,000 | 4.90% | -7.86% | Jeremy Shephard |
| Charnwood | ACT | $420,000 | 5% | 2.45% | Margaret Lomas |
| Chisholm | ACT | $488,000 | 4.80% | 0.72% | Jeremy Shephard |
| Conder | ACT | $524,000 | 4.50% | -3.01% | Margaret Lomas |
| Dunlop | ACT | $500,000 | 4.70% | 5.76% | Margaret Lomas |
| Holt | ACT | $460,000 | 4.80% | 5.44% | Jeremy Shephard |
| Kambah | ACT | $534,000 | 4.50% | 6.70% | Margaret Lomas |
| Macgregor | ACT | $450,000 | 4.60% | -1.10% | Jeremy Shephard |
| Wanniassa | ACT | $545,000 | 4.30% | 8.24% | Jeremy Shephard |
| Adamstown | NSW | $527,000 | 4% | -7.71% | Jeremy Shephard |
| Ambarvale | NSW | $530,000 | 3.90% | 15.59% | Margaret Lomas |
| Ballina | NSW | $450,000 | 4.80% | 7.78% | Jeremy Shephard |
| Balmain | NSW | $1,700,000 | 2.70% | 7.47% | Chris Gray |
| Bateau Bay | NSW | $575,000 | 4.10% | 9.52% | Margaret Lomas |
| Bomaderry | NSW | $370,000 | 4.60% | 9.31% | Jeremy Shephard |
| Bondi Beach | NSW | $2,400,000 | 2.40% | 18.39% | Chris Gray |
| Coogee Beach | NSW | $2,500,000 | 1.90% | 11.60% | Chris Gray |
| Cremorne | NSW | $2,100,000 | 2.90% | -2.58% | Chris Gray |
| East Gosford | NSW | $610,000 | 4.10% | 8.81% | Margaret Lomas |
| Fairy Meadow | NSW | $680,000 | 3.80% | 18.67% | Margaret Lomas |
| Wingham | NSW | $255,000 | 6.50% | -8.93% | Jeremy Shephard |
| Arana Hills | QLD | $513,000 | 4.50% | 5.77% | Jeremy Shephard |
| Bald Hills | QLD | $414,000 | 4.90% | 7.47% | Margaret Lomas |
| Deception Bay | QLD | $336,000 | 5% | 5.49% | Margaret Lomas |
| Ferny Hills | QLD | $515,000 | 4.50% | 7.29% | Jeremy Shephard |
| Forest Lake | QLD | $428,000 | 4.70% | 7.27% | Margaret Lomas |
| Keperra | QLD | $487,000 | 4.40% | 5.64% | Jeremy Shephard |
| Springfield Lakes | QLD | $420,000 | 5% | 1.08% | Margaret Lomas |
| The Gap | QLD | $627,000 | 4.20% | 2.62% | Jeremy Shephard |
| Tugun | QLD | $554,000 | 4.80% | 14.03% | Jeremy Shephard |
| Upper Mount Gravatt | QLD | $590,000 | 3.50% | 5.36% | Margaret Lomas |
| Adelaide | SA | $701,000 | 3.40% | -8.96% | Jeremy Shephard |
| Edwardstown | SA | $468,000 | 3.90% | 8.72% | Jeremy Shephard |
| Findon | SA | $478,000 | 3.90% | 8.64% | Jeremy Shephard |
| Prospect | SA | $598,000 | 3.30% | 6.70% | Jeremy Shephard |
| Semaphore Park | SA | $505,000 | 4.10% | 2.96% | Jeremy Shephard |
| Howrah | TAS | $378,000 | 5.20% | 0.87% | Jeremy Shephard |
| Kingston | TAS | $385,000 | 5% | -0.26% | Jeremy Shephard |
| Lenah Valley | TAS | $425,000 | 4.60% | 4.94% | Jeremy Shephard |
| Lindisfarne | TAS | $400,000 | 4.60% | 11.11% | Jeremy Shephard |
| Moonah | TAS | $290,000 | 5.90% | 4.32% | Jeremy Shephard |
| Aspendale | VIC | $812,000 | 3% | 11.23% | Jeremy Shephard |
| Belmont | VIC | $400,000 | 4.30% | 5.26% | Jeremy Shephard |
| Carrum Downs | VIC | $390,000 | 4.70% | 9.87% | Margaret Lomas |
| Cranbourne | VIC | $375,000 | 4.60% | 10.29% | Margaret Lomas |
| Frankston North | VIC | $310,000 | 4.90% | 10.71% | Jeremy Shephard |
| Greensborough | VIC | $651,000 | 3.20% | 6.64% | Jeremy Shephard |
| Noble Park | VIC | $550,000 | 3.30% | 19.18% | Margaret Lomas |
| Ringwood North | VIC | $790,000 | 2.90% | 8.22% | Jeremy Shephard |
| Sunbury | VIC | $382,000 | 4.50% | 6.70% | Margaret Lomas |
| Tarneit | VIC | $413,000 | 4.40% | 5.96% | Margaret Lomas |
