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flag Australian coastal and inner-city home sellers see record profits, led by Kiama at $746,750 median gain.

flag Home sellers in Australia’s top coastal and inner-city areas are seeing record profits, with Kiama leading at $746,750 in median gain during the September quarter, followed by Byron Bay, Noosa, and the Surf Coast Shire. flag Gains are driven by pandemic-related demand, migration from cities like Sydney, prolonged hold periods averaging over 10 years, and limited supply. flag Inner-city blue-chip suburbs such as Woollahra and Bayside also reported high profits, with median gains of $630,000 and $621,500 respectively. flag Recent cash rate cuts are boosting affordability and demand, while planned infrastructure and higher-density developments may ease supply constraints over time, though current market conditions favor sellers. flag Experts warn these markets remain sensitive to interest rate changes.

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