Monash vendors Lyn & Bernard Weekes are feeling good about price growth in their area as they prepare to auction their home of 30 years. Picture: Nicki Connolly

Council areas across the city dominate Australia’s list of top performers for yearly price growth over the past 20 years, new data shows.

Seventeen Melbourne municipalities are in the nation’s top 25 for median house price rises during the two decades to December, CoreLogic research reveals.

But just two areas in Sydney’s glitzy property market feature.

Monash stalwarts enjoyed the largest annual median boost across Melbourne at 10.8 per cent in that time, third nationwide, to its current $1.1 million.

Neighbouring Whitehorse was close behind at 10.7 per cent to its median of $1.081 million.

Boroondara, Glen Eira and Maribyrnong also rose steadily at an annual average of 10.6 per cent.

The property at 8 Dalkeith Close, Wheelers Hill, is expected to sell for more than $1.35 million.Source:Supplied

WBP Property Group chairman Greville Pabst said a number of factors had driven Melbourne’s price boom and dominance of the national table.

“Probably top of the list is our population growth,” he said.

“Melbourne is attracting more people coming to live in Australia than any other state (capital) and it’s also attracting more interstate moves than any other part of Australia so those things have certainly been a big driver.

“The other thing is that Melbourne has also has been rated the world’s most liveable city quite a number of times ... so it is obviously a great place to live, so that’s a factor.”

Mr Pabst added proximity to the city, good transport links, schools and lifestyle attractions were key drivers of growth, with council areas within 20km of the CBD performing strongest.

Harcourts, Judd White, director Dexter Prack said the Monash market had “been crazy” as its well-regarded public schools and improving amenities drew overseas buyers and big developers.

“The Glen Waverley school zone has always been pretty hot but around 2010 you saw the Asian influence sort of coming in and quite interested in being in the school zone ... and it’s just escalated,” he said.

Mr Prack said the redevelopment of Glen Waverley’s The Glen shopping centre meant prices would continue to rise.

Long-time Monash residents Lyn and Bernard Weekes said they felt “excellent” about the area’s strong growth ahead of the April 8 auction of their home at 8 Dalkeith Close, Wheelers Hill.

Stretching views at 8 Dalkeith Close, Wheelers Hill, are one of its strong points.Source:Supplied

The Weekes family bought the house for $176,000 30 years ago.Source:Supplied

Mr Prack said all interest in the four-bedroom property had been above $1.35 million.

The couple paid a comparatively meagre $176,000 30 years ago.

New South Wales Riverina council area Murrumbidgee and Isaac in the Queensland Bowen Basin coal mining region topped the list for compound annual increases in median house price.

Median house prices nationally grew at an annual rate of 7.2 per cent over the 20 years.

Sydney’s only two top 25 entrants were Waverley and Liverpool.

CoreLogic head of research Cameron Kusher said Melbourne homeowners had enjoyed fairly consistent increases in median house price but Sydneysiders had experienced periods of decline.

“While Melbourne saw a period of decline in 2010-11 it has not seen a period such as Sydney experienced between 2003 and 2009 for more than 20 years,” he said.

“Ultimately this has resulted in a superior overall growth performance for Melbourne, notwithstanding the fact that the Sydney market is currently a little stronger than Melbourne’s.”

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AUSTRALIA’S TOP COUNCIL AREAS FOR 20-YEAR COMPOUND ANNUAL INCREASES IN MEDIAN HOUSE PRICE

AREA, STATE, MEDIAN PRICE, 20-YEAR GROWTH P.A

Murrumbidgee, NSW, $167,000, 13 per cent

Isaac, QLD, $140,000, 11.5 per cent

Monash, VIC, $1.1 million, 10.8 per cent

Whitehorse, VIC, $1.081 million, 10.7 per cent

Boroondara, VIC, $1.91 million, 10.6 per cent

Glen Eira, VIC, $1,328,500, 10.6 per cent

Maribyrnong, VIC, $781,500, 10.6 per cent

Yarra, VIC, $1.21 million, 10.2 per cent

Darebin, VIC, $840,000, 10.2 per cent

Banana, QLD, $190,000, 10 per cent

Bayside, VIC, $1,658,750, 9.9 per cent

Boorowa, NSW, $235,000, 9.8 per cent

Manningham, VIC, $1.17 million, 9.8 per cent

Stonnington, VIC, $1.81 million, 9.8 per cent

Kingston, VIC, $851,000, 9.8 per cent

Nannup, WA, $372,000, 9.7 per cent

Port Phillip, VIC, $1.55 million, 9.7 per cent

Liverpool, NSW, $750,000, 9.6 per cent

Byron, NSW, $800,000, 9.6 per cent

Greater Dandenong, VIC, $600,000, 9.6 per cent

Maroondah, VIC, $745,000, 9.6 per cent

Waverley, NSW, $2.625 million, 9.5 per cent

Hobsons Bay, VIC, $771,000, 9.5 per cent

Moreland, VIC, $740,000, 9.5 per cent

Moonee Valley, VIC, $955,500, 9.5 per cent

SOURCE: CoreLogic, 20 years to December 2016, *data excludes Northern Territory.

Originally published as Melbourne’s property gold mines