Hot 100 suburbs to watch in 2025: Expert predictions
The Hot 100 Project Team
First published 12 December 2024, 12:00 PM
For the third year, experts from around the country have nominated suburbs they tip to see short- to medium-term price growth based on nine lifestyle, demographic and economic factors.
The 226 nominated suburbs were then analysed by REA Group’s Hot 100 project team to narrow down the list of suburbs to watch in 2025.
This year’s list has a large number of affordable suburbs, REA Group director of economic research Cameron Kusher said.
“In a lot of instances, the places that have been chosen are more affordable areas, particularly in the capital cities,” Mr Kusher said.
He said though there were suburbs on the list with median house prices of more than $1 million, the type of homes in those suburbs were larger and better quality than in other more expensive areas.
“In Queensland, Adelaide and Perth in those really premium suburbs, you're still paying a lot less than you would for the equivalent suburb in Melbourne or Sydney.”
Suburbs were nominated based on various growth drivers, including:
- Affordability, either low prices suiting buyers on a budget or relative affordability compared to nearby suburbs
- Amenity, being the level of lifestyle pluses, from bars and restaurants to boutiques and parklands
- Family appeal, such as dwelling type, perceived safety and proximity to good schools
- Location, including proximity to the CBD or major hubs, or closeness to natural amenity like beaches
- Investment prospects, from rental market conditions to expected imminent upside
- Gentrification, being the changing face of a suburb
- Population growth, representing a projected increase in the number of locals
- Demographic change, indicating a shift from the current make-up of residents, for example young families replacing downsizing elderly locals
- Infrastructure, looking at major investments in projects that will benefit the suburb or surrounds.
2025 trends: Secret suburbs and investor hot spots
Suburbs in Sydney and Melbourne of course do feature on the list, but many of those are lesser-known suburbs that may benefit from amenities in neighbouring areas, or be starting to see gentrification, which is what the list intends to show, REA Group economist Anne Flaherty said.
“It's about opening your eyes to other suburbs out there. We know that a growing number of buyers are being priced out of more and more suburbs. So, people are having to sort of broaden their horizons to other areas that they might be able to buy in,” Ms Flaherty said.
“This is a good way of helping educate people about other suburbs out there that might offer them the quality of life that they're looking for.”
Many of the suburbs were also had strong investment prospects, Ms Flaherty said.
“One of the trends that stood out to me immediately is a lot of them are relatively high yielding suburbs. So, they have a relatively high level of rental income relative to the actual price of the property.”
Mr Kusher said suburbs in WA in particular were seeing strong rental yields in relation to purchase prices.
"Even though prices have gone up a lot in WA, if you're an investor focused on the yield, it definitely still ticks the box, and you're still getting that capital growth," he said.
The experts behind the Hot 100
The list was compiled by a panel of industry experts – including the heads of major agency groups, buyer’s agents, researchers, investors and an academic – and complemented by PropTrack data and economic analysis.
Despite recent price declines in Melbourne and, conversely, the increasingly expensive conditions in Sydney, both cities still attracted people for their employment opportunities, Mr Kusher said, and Ms Flaherty tipped Melbourne for strong future growth.
"I do think Melbourne is well placed for a recovery," she said. "If you look at the fundamentals of Melbourne's property market, it is forecast to be the strongest growing capital city [for population], it has the most diverse local economy, it attracts very high numbers of international students and international migrants.
"It's also been relatively better at providing more housing supply, but that is going to start to change. We are seeing a very significant slowdown in the rate of new construction activity in Victoria. So at some point that population growth, and the slowdown in housing supply is going to lead property prices in Melbourne back upwards."
When it came to the regional areas on the list, many were suburbs famed for their beach-side lifestyle, something Mr Kusher said Australians overwhelmingly favoured.
"By and large, the places that people are recommending are coastal, and that reflects the fact that, aspirationally, most people in Australia still want to live near or close to the beach, if they can find a way to do that."
In suburbs where there has not been enough sales or rental activity over the past 12 months to give an accurate price indication, PropTrack data will reflect N/A in the tables below.
Here are the 100 suburbs the experts have tipped for 2025 – whether you're a first-home buyer, investor or upsizer – you may just find your perfect match here.
New South Wales
Adamstown Heights
Nominated by Pete Wargent
| Population (Adamstown-Kotara) | Distance to capital | Main demographic (Adamstown-Kotara) |
| 16,600 | 112.4km | 40-44 years |
About eight kilometres south of the Newcastle CBD, and a two-hour drive from Sydney, Adamstown Heights has benefited from the ripple effect from the nearby affluent suburbs of Merewether and Merewether Heights, boosting its property values and appeal, according to Reece Marini from Allen Wargent Property Buyers.
“The suburb has strong family appeal, featuring a variety of housing options suitable for families, including spacious homes with backyards and proximity to playgrounds and green spaces,” Mr Marini said.
Offering a range of amenities, including near-by Westfield Kotara, parks, recreational facilities, and access to quality primary and high schools, make it an attractive option for families with children of all ages.
“Its convenient location provides easy access to Newcastle's CBD, beaches, and major transport routes, making daily commutes and family outings more manageable.
“The area has been experiencing population growth, attracting new residents attracted by its amenities and family-friendly environment. This influx has led to a demographic change, with an increasing number of young families and professionals contributing to a vibrant and nurturing community,” Mr Marini added.
| Buy | Median | Change | Supply | Demand |
| House | $1,145,000 | 15% | 5% | -27% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10-year price growth | Rent | Change | Vacancy rate | Gross yield |
| House | 110% | $720 | 3% | N/A | 3.5% |
| Unit | N/A | $550 | 0% | N/A | 4.3% |
Avalon Beach
Nominated by Adrian Knowles
| Population | Distance to capital | Main demographic |
| 10,379 | 28.5km | 55-64 years |
Back for a second-year running is Sydney’s Northern Beaches jewel, Avalon Beach. Labelled "a hot location that is only going to get hotter", the laid-back village feel of the Guringai country suburb has long held attraction for both retirees and flexible workers.
Adrian Knowles said the beachside suburb is known “for swimming, surfing, windsurfing and fishing”. A 25-metre saltwater rock pool forms part of the suburb’s 500-metre-long south-facing beach, which is positioned ideally next to its main shopping precinct.
“In these areas it’s the classic ‘location, location, location’,” Mr Knowles said. Avalon Beach is served by direct buses to the city, making it a suitable location for commuters.
A quarter of the population in Avalon Beach is aged under 20, showing the suburb to be an emerging place of interest for young families who can benefit from a close proximity to a range of schools on the Northern Beaches, as well as two immediate primary schools and a high school.
The suburb is also home to a number of heritage-listed sites including Walter Burley Griffin Lodge and is less than five kilometres from renowned Palm Beach.
| Buy | Median price | Annual change | Supply | Demand |
| House | $2,875,000 | 3% | 7% | -18% |
| Unit | $1,057,500 | -8% | -6% | -39% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 130% | 13% | 1.0% | 2.3% | 3.5% |
| Unit | 105% | 7% | N/A | 3.4% | 4.3% |
Batemans Bay
Nominated by Bianca Denham
| Population | Distance to capital | Main demographic |
| 1,573 | 225.9km | 70-74 years |
Right in the heart of Australia’s Oyster Coast is the popular holiday and tourist destination, Batemans Bay.
For those lucky enough to call the suburb home, Bianca Denham said the “relaxed, coastal lifestyle” affords plenty of opportunity for an excellent lifestyle.
“It is ideal for retirees and families, it boasts great fishing, scenic views, and a growing infrastructure,” Ms Denham said. She said the suburb’s “vibrant local community, and plenty of outdoor activities” also made it a competitive choice.
“Its peaceful environment makes it perfect for holiday homes or a sea-change investment,” she added.
Batemans Bay is situated within the Sydney Basin, has its own snorkeling trail, and also includes the Clyde River National Park.
Once known as a retiree haven, the area has seen increasing interest from younger demographics in recent years thanks to its affordability and employment opportunities.
At just a two-hour drive from Canberra, it's also a popular travel destination for those in Australia’s capital.
| Buy | Median price | Annual change | Supply | Demand |
| House | $700,000 | -6% | 9% | 34% |
| Unit | $537,500 | -5% | -11% | 34% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 137% | 2% | N/A | 3.4% | 3.5% |
| Unit | 131% | 2% | N/A | 4.3% | 4.3% |
Castle Hill
Nominated by Bianca Denham
| Population | Distance to capital | Main demographic |
| 40,874 | 24.2km | 10-14 years |
Castle Hill is located in the heart of Sydney's rapidly growing Hills District and offers residents “a good blend of suburban tranquility and urban convenience”, according to Bianca Denham.
The large suburb is “an ideal place to buy”, she said, thanks to the benefits of being the centre point of a wider area.
“With excellent schools, parks, and shopping centres, the area is family-friendly and caters to diverse lifestyles,” Ms Denham added.
While convenience and transport options have held the suburb back in the past, the 40,000-strong population now benefits from major transport links including the North West and Bankstown line of the Metro, which provides access to the Sydney CBD in just 33 minutes.
Castle Hill residents are also in close proximity to Western’s Sydney’s major commercial centre of Parramatta, which is less than 10 kilometres away.
“Its strong sense of community, spacious homes, and rising property values make it an appealing investment opportunity, ideal for both families and professionals seeking a balance of lifestyle and long-term growth potential,” Ms Denham said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $2,400,000 | 10% | 10% | -26% |
| Unit | $950,005 | -11% | 34% | -21% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 122% | 6% | N/A | 2.2% | 3.5% |
| Unit | 35% | 9% | N/A | 3.9% | 4.3% |
Coffs Harbour
Nominated by Linda Johnson
| Population | Distance to capital | Main demographic |
| 27,089 | 436.3km | 60-64 years |
Located on the mid-north coast of New South Wales and about a 5.5-hour drive from Sydney, Coffs Harbour’s stunning beaches and national parks make it a desirable location with both residents and tourists supporting the local economy and lifestyle.
“The local economy is diversifying, with increasing opportunities in sectors like tourism, agriculture and health services, which are driving job creation,” Linda Johnson said.
Showing consistent growth over both short- and long-terms, property prices remain “relatively affordable compared to major cities,” according to Ms Johnson.
“Ongoing improvements in transport and infrastructure, including upgrades to roads and public amenities, are enhancing accessibility and quality of life.
“Revitalisation of certain neighbourhoods is attracting new businesses and investments, contributing to an improved local economy and increased property values,” Ms Johnson added.
| Buy | Median | Change | Supply | Demand |
| House | $800,000 | 7% | -1% | 14% |
| Unit | $560,000 | 4% | 11% | 6% |
| Invest | 10-year price growth | Rent | Change | Vacancy rate | Gross yield |
| House | 98% | $650 | 0% | 0.8% | 4.4% |
| Unit | 104% | $495 | -1% | 1.0% | 4.9% |
Enmore
Nominated by Peter Koulizos
| Population | Distance to capital | Main demographic |
| 3,871 | 13.2km | 25-29 years |
The inner-city Sydney suburb of Enmore has been hailed a “gem” and highlighted for its affordability, location and high prospects for investment.
Property market academic Peter Koulizos said Enmore has long been an “undervalued” suburb, thanks in large part to its location adjacent to the larger and more well-known suburbs of Stanmore and Newtown.
“Enmore is a great opportunity for capital growth, considering its proximity to the city,” Mr Koulizos said.
Architecture in the suburb is largely Victorian in both its commercial and residential areas, with the small suburb also home to the heritage-listed Stanmore House.
Mr Koulizos said the housing stock presented excellent opportunities for investors.
“Renovation opportunities also abound due to the number of period style homes in the suburb that could be upgraded,” he said.
The suburb is most famously known as the home of the eponymous Enmore Theatre. As the city’s oldest running live theatre, it has hosted artists from The Rolling Stones to The White Stripes and Missy Higgins to TLC.
Enmore has a commercial shopping strip, a primary school, and a burgeoning dining scene.
| Buy | Median | Change | Supply | Demand |
| House | $1,872,500 | 0% | 2% | -14% |
| Unit | $875,000 | 17% | 11% | 6% |
| Invest | 10-year price growth | Rent | Change | Vacancy rate | Gross yield |
| House | 94% | $950 | 0% | N/A | 2.7% |
| Unit | 46% | $530 | -12% | N/A | 3.7% |
Frenchs Forest
Nominated by Rich Harvey
| Population | Distance to capital | Main demographic |
| 14,267 | 13.7km | 45-49 years |
Frenchs Forest is one of the in-land suburbs on Sydney’s Northern Beaches, offering what Rich Harvey calls a “peaceful yet vibrant suburban lifestyle”.
“Renowned for its leafy streets and strong sense of community, the suburb is surrounded by stunning natural landscapes, including the Garigal National Park, which provides residents with ample opportunities for bushwalking, cycling, and picnics," Mr Harvey said.
“Combining suburban tranquility with proximity to local beaches and key amenities, Frenchs Forest is a haven for those seeking a relaxed and family-focused lifestyle."
The suburb is also home to several commercial hubs, a shopping centre, five schools, and the $2.1bn Northern Beaches Hospital, which opened in 2018.
“Frenchs Forest predominantly features spacious family homes, including classic brick houses and modernised residences, set on generous blocks. The area is particularly popular with families and professionals seeking larger homes with easy access to green spaces and amenities,” Mr Harvey said.
The suburb also has direct public transport connections to the city, as well as to commercial centres on the Lower North Shore such as Chatswood and North Sydney.
“Its combination of natural beauty, community charm, and improved infrastructure positions Frenchs Forest as one of Sydney’s most sought-after Northern Beaches suburbs," Mr Harvey said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $2,284,500 | 4% | 8% | -34% |
| Unit |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 108% | 4% | 0.7% | 2.8% | 2.7% |
| Unit | 23% | N/A | 2.5% | 3.7% |
Inverell
Nominated by Bianca Denham
| Population | Distance to capital | Main demographic |
| 12,057 | 455.9km | 10-14 years |
Known as the Sapphire City, Inverell in the Northern Tablelands of New South Wales near the Queensland border, offers a rich rural lifestyle with a strong sense of community.
Prior to British colonisation, the Jukambal and Weraerai people occupied the region, and each June, hundreds of locals gather in memory of the Myall Creek Massacre of 1838.
The town is “is surrounded by beautiful countryside, with opportunities for farming, gem fossicking, and outdoor recreation, making it a charming place to live or invest,” Bianca Denham said.
“It features affordable housing, excellent schools, and healthcare facilities,” she added.
| Buy | Median | Change | Supply | Demand |
| House | $380,000 | 1% | 9% | -5% |
| Unit | $317,000 | 6% | 0% | -44% |
| Invest | 10-year price growth | Rent | Change | Vacancy rate | Gross yield |
| House | 62% | $380 | 3% | 1.1% | 5.5% |
| Unit | N/A | $270 | -7% | N/A | 4.9% |
Lakemba
Nominated By Nick Boyd
| Population | Distance to capital | Main demographic |
| 17,092 | 13.5km | 30-34 years |
Thriving, demographically diverse and up-and-coming Lakemba has long been pegged as a suburb to watch, thanks to its relative affordability despite being just 13.5km from the city centre.
“Lakemba offers excellent affordability, [and is] especially attractive with its proximity to Bankstown,” Nick Boyd said.
The culturally diverse suburb is known Sydney-wide for its Ramadan Markets and thriving religious scene, with the suburb playing home to seven churches for five different faith communities.
Lakemba is home to a large retail strip, an extensive variety of restaurants and is well-situated for growing families, with seven schools nestled among its residential streets.
The suburb also ticks the box on transport, with its own train station offering a direct connection to the Sydney CBD. Lakemba Station is currently being redeveloped as part of the Sydney Metro project, which will see the suburb’s residents benefit from a fast, 22-minute travel time into the city from 2025.
“It holds significant development potential, enhancing its appeal,” Mr Boyd added.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,412,000 | 22% | -26% | 8% |
| Unit | $447,000 | 13% | 3% | 35% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 99% | 7% | N/A | 2.9% | 5.5% |
| Unit | 29% | 14% | 1.3% | 6.2% | 4.9% |
Long Jetty
Nominated by Linda Johnson
| Population | Distance to capital | Main demographic |
| 6,736 | 62.8km | 55-59 years |
The NSW Central Coast is home to the suburb of Long Jetty , which is a robust market according to Linda Johnson, and is continuing to attract a large number of new residents.
“Long Jetty is also one of the suburbs welcoming the overflow of buyers who can no longer afford other popular beachside suburbs lying between Killcare and Wamberal," Ms Johnson said.
Waterside Long Jetty is a commutable distance between Sydney and Newcastle on the Central Coast and Newcastle train line and is close to pristine beaches and surrounding National Parks.
Ms Johnson said the suburb and wider area have continued to grow in popularity in the years since the pandemic.
“The suburb is emerging as a hip and happening hub offering art, fashion, cafes, bars and other cultural experiences such as the monthly markets," she said.
“It’s still an affordable beachside suburb."
Long Jetty is home to a caravan park, shopping strip, and several hotels. The Central Coast Highway runs the length of the suburb, giving residents easy access to the rest of the region.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,285,000 | 17% | 5% | -15% |
| Unit | $650,000 | -13% | 17% | -5% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 192% | 2% | N/A | 2.6% | 5.5% |
| Unit | 120% | 3% | N/A | 4.0% | 4.9% |
Matraville
Nominated by Rich Harvey
| Population | Distance to capital | Main demographic |
| 9,925 | 10.3km | 45-49 years |
Rich Harvey said proximity to beaches, amenities and public transport are what secures Matraville its place on this year’s list.
“Matraville is just a short drive away from some of Sydney’s best beaches making it ideal for beach lovers, surfers, and anyone who enjoys an outdoor lifestyle,” he said.
“Choosing to live in Matraville, a suburb in Sydney’s eastern suburbs, offers a number of appealing features and benefits for different types of people, from young professionals to families.”
Lauded for its relaxed, quiet and family-oriented lifestyle, Matraville also offers access to a wide range of schools and recreation facilities.
“Matraville is also well-connected, benefitting from buses, nearby train stations and the light rail,” Mr Harvey said.
“Whether you’re looking for free-standing homes, townhouses, new duplex designer homes or traditional family homes, there’s a range of options that will surely fit various budgets.
“Compared to other eastern suburbs beach locations, Matraville offers larger properties, often with gardens and pools or outdoor space. It offers a nice balance of convenience, lifestyle, and value.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $2,665,000 | 8% | -10% | -18% |
| Unit | $950,000 | 9% | 45% | 26% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 126% | 4% | N/A | 3.0% | 5.5% |
| Unit | 34% | 10% | 1.2% | 4.5% | 4.9% |
Mayfield
Nominated by Reece Marini (AllenWargent Buyers Agents) and Rich Harvey
| Population | Distance to capital | Main demographic |
| 9,760 | 118.7km | 25-29 years |
Making its second appearance in the Hot 100, Mayfield – just minutes from Newcastle's CBD – offers considerable affordability compared with nearby coastal suburbs, which makes it an attractive choice for first-home buyers and investors, according to Reece Marini.
“The area features many amenities, including trendy cafes, restaurants, shops, and green spaces that enhance its community appeal. Its strategic location provides residents with easy access to the city centre, beaches, and major transport links,” Mr Marini added.
It’s a view shared by Rich Harvey, who called it a “standout suburb” for both homeowners and investors.
“Known for its mix of charm and urban convenience, Mayfield offers a blend of older-style homes and modern amenities, making it an attractive choice for a range of buyers,” Mr Harvey said.
Mayfield is in good company, with the near-by suburbs of Lambton, Kotara, Newcastle, and Merewether also held in high regard by Hot 100 experts.
“Mayfield is undergoing significant gentrification, with an influx of young professionals and families drawn to its evolving infrastructure. The area has seen upgrades to local parks, an expansion of shopping precincts, and improved transport links to Newcastle and surrounding suburbs,” Mr Harvey observed.
“This revitalisation has driven demand, pushing property prices upward in recent years.”
| Buy | Median | Change | Supply | Demand |
| House | $885,000 | 9% | 34% | 10% |
| Unit | $725,000 | 21% | -10% | -1% |
| Invest | 10-year price growth | Rent | Change | Vacancy rate | Gross yield |
| House | 124% | $638 | 6% | N/A | 3.8% |
| Unit | 111% | $470 | 4% | N/A | 4.5% |
Narrabeen
Nominated by Rich Harvey
| Population | Distance to capital | Main demographic |
| 8,255 | 18.6km | 85 years and over |
Narrabeen, nestled right in the centre of Sydney's iconic Northern Beaches, is a standout suburb in the area thanks to its “unparalleled coastal charm and relaxed lifestyle”, Rich Harvey said.
“Renowned for its pristine beach and tranquil lagoon, the suburb is a haven for outdoor enthusiasts, offering world-class opportunities for swimming, surfing, kayaking, and scenic walks,” Mr Havey added.
“A mix of modern cafes, boutique shops, and community events fosters a welcoming and vibrant atmosphere, making Narrabeen a standout destination for those seeking the quintessential beachside lifestyle.”
While the main demographic in Narrabeen is older, Mr Harvey said “subtle gentrification” has broadened its appeal.
“Improved transport links to Sydney’s CBD, coupled with excellent local amenities and schools continue to attract families and young professionals.
“Housing in Narrabeen is a mix of stylish beachfront apartments, contemporary family homes, and charming older properties, catering to a wide range of buyers.”
Mr Harvey said many are drawn to the suburb for its community-focused environment, laid-back lifestyle and coastal scenery.
“Narrabeen’s blend of natural beauty, lifestyle amenities, and strong market performance ensures its place as one of Sydney’s most desirable coastal suburbs.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $3,425,000 | 4% | 27% | -10% |
| Unit | $1,260,000 | 7% | 5% | -29% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 130% | 4% | N/A | 2.2% | 3.8% |
| Unit | 94% | 7% | N/A | 3.4% | 4.5% |
Orange
Nominated by Mathew Tiller
| Population | Distance to capital | Main demographic |
| 41,232 | 207.4km | 10-14 years |
Sitting on the traditional lands of the Wiradjuri people, Orange in the Central Tablelands of New South Wales, is about a 3.5-hour drive west of Sydney.
Historically renowned as a fruit growing district, there has been an explosion in the number of vineyards planted in Orange and surrounds over recent years, with the region becoming a top choice for tourists seeking a wine and gourmet food destination.
“Orange has become a major regional hub with economic drivers such as tourism, health, education, mining, and its wine industry,” Mathew Tiller said.
“Affordable property prices and upgrades like the Southern Feeder Road are boosting connectivity and driving housing demand, positioning it for consistent long-term growth,” he added.
| Buy | Median | Change | Supply | Demand |
| House | $690,000 | 0% | 12% | 9% |
| Unit | $454,500 | -9% | -13% | 35% |
| Invest | 10-year price growth | Rent | Change | Vacancy rate | Gross yield |
| House | 100% | $540 | 3% | 1.6% | 4.3% |
| Unit | 98% | $443 | 7% | 1.0% | 5.0% |
Point Clare
Nominated by Rich Harvey
| Population | Distance to capital | Main demographic |
| 3,974 | 49.3km | 45-49 years |
Amenities and fantastic transport options have secured a spot for Central Coast suburb Point Clare for 2025.
“Located at the gateway to the southern Central Coast, the suburb has easy access to the M1, has its own station on the Sydney to Newcastle train line and is minutes away from the Gosford CBD with shopping, hospital and sport,” Rich Harvey said.
“Older original houses move up the hill to provide beautiful easterly views over the Brisbane Water. As these are being renovated and modernised, values in the suburb are increasing.”
For the lower properties, they have flat walking and cycling options across the Brisbane Water parklands.
“Modern estates have also sprung up in Point Clare through the years so it truly offers a house style to suit most,” Mr Harvey said. “However, due to geographical features, all available land has now been used so constrained supply will make the suburb a smart investment.”
For growing families, the suburb has its own primary school. Waterside Point Clare is also home to a unit of the Australian Navy Cadets, motels and holiday houses, shops, and parks.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,016,000 | 7% | 2% | -16% |
| Unit |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 108% | 7% | 2.0% | 3.3% | 4.3% |
| Unit | -7% | N/A | 4.5% | 5.0% |
Prestons
Nominated by Kate Hill
| Population | Distance to capital | Main demographic |
| 16,694 | 32.8km | 10-14 years |
Kate Hill said the largely industrial suburb had “shown resilience in the face of the general Sydney downturn” and was seeing direct benefit from major infrastructure investment.
Gentrification and fast population growth are defining factors of Prestons, which is already starting to see the positive benefits of its proximity to the imminent Western Sydney Airport.
Ms Hill said the airport’s development had created thousands of jobs and contributed substantially to the local economy.
“In addition to the infrastructure associated with the new airport, the Liverpool region is the focus of extensive new development of transport infrastructure,” Ms Hill said.
Central within the suburb is the major intersection of the M5 South Western Motorway and the Hume Motorway, giving residents quick access to other major areas.
“Affordability remains the key issue in Sydney residential property – and this precinct of Sydney has attracted buyers because of its abundance of cheaper units and houses.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,120,000 | 13% | 30% | -13% |
| Unit | $793,000 | 13% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 90% | 6% | N/A | 3.6% | 4.3% |
| Unit | 12% | N/A | 4.7% | 5.0% |
South Penrith
Nominated by Kate Hill
| Population | Distance to capital | Main demographic |
| 12,005 | 48.5km | 35-39 years |
Located in the foothills of the Blue Mountains region, South Penrith is also halfway between Sydney’s North West Growth Centre and the South West Growth Centre.
Kate Hill said South Penrith’s location close to the M4 Western Motorway makes it is well-positioned for development and a prime area for buyers. It's also known for its family-friendly feel.
“Sydney’s second airport at Badgerys Creek adds to the strategic appeal of Penrith and has acted as a catalyst for other large scale projects, such as the $5 billion Sydney Science Park and Penrith Health and Education Precinct,” Ms Hill said.
Road and rail infrastructure to cater for a rapidly expanding population is also a keeping the suburb connected, despite its distance from Sydney CBD.
Residents benefit from a direct train into the city, as well as busy shopping and commercial centres and numerous schools. The suburb is also home to the $4m Jamison Park Synthetic Facility – a 22,000sqm multi use sports precinct open by the NSW State Government.
| Buy | Median price | Annual change | Supply | Demand |
| House | $956,200 | 12% | 18% | -25% |
| Unit | $720,000 | 8% | 0% | -14% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 99% | 6% | 0.9% | 3.3% | 4.3% |
| Unit | 87% | 8% | N/A | 4.1% | 5.0% |
St Peters
Nominated by Peter Koulizos
| Population | Distance to capital | Main demographic |
| 3,629 | 5.8km | 30-34 years |
The inner west suburb of St Peters is an area in the early stages of gentrification and benefits from being directly adjacent to larger, more expensive and more well-known areas.
Peter Koulizos said St Peters offers “very good opportunity for capital growth” thanks to its close proximity to the city and Sydney Airport.
“St Peters is a dynamic suburb offering excellent connectivity due to its proximity to the city and the airport, both of these locations offering a wide choice of employment opportunities,” he said.
Mr Koulizos said proximity to Sydney CBD and access to green spaces also makes St Peters ideal for young professionals, families, and investors.
“St Peters is undergoing gentrification, similar to what has occurred in neighbouring Newtown and Marrickville," he said.
“Combining heritage charm with urban convenience, St Peters is a great choice for those seeking a place to call home.”
St Peters is home to its own heritage-listed railway station and the heritage-listed St Peter’s Anglican Church.
The suburb is also the location of the major interchange on the WestConnex tunnel, while also incorporating commercial and industrial areas in addition to residential housing.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,775,500 | 6% | -5% | -2% |
| Unit | $995,000 | 37% | -19% | 33% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 92% | -3% | N/A | 2.7% | 4.3% |
| Unit | 13% | -1% | N/A | 4.7% | 5.0% |
Tempe
Nominated by Peter Koulizos
| Population | Distance to capital | Main demographic |
| 3,550 | 7.4km | 35-39 years |
The small, inner west suburb of Tempe has made the list for 2025 thanks to its affordability and central location close to the more expensive neighbouring suburb, Marrickville.
Peter Koulizos said Tempe presents “very good opportunity for capital growth” thanks so its proximity to both Sydney CBD and Sydney Airport.
When it comes to investment, Mr Koulizos said Tempe was a particular stand out suburb.
“Considering its proximity to the city and airport and concentration of period style homes, there are some great opportunities, in the lower price range,” he said. “Tempe is a suburb undergoing transformation.”
Well known in Sydney as the home of one of the city’s three Ikea stores, airport-adjacent Tempe also has its own train station.
“This suburb combines the convenience of city access with a peaceful, suburban lifestyle,” Mr Koulizos said. “Its proximity to green spaces, transport links, and relatively affordable housing make it an attractive option for young professionals, families, and investors.
“Tempe offers great value for those looking to live close to Sydney’s city life, without the hassle of the hustle and bustle.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,680,000 | 12% | -11% | -11% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 100% | 11% | N/A | 2.9% | 4.3% |
| Unit | N/A | -10% | N/A | 4.6% | 5.0% |
Warrawong
Nominated by Mathew Tiller
| Population | Distance to capital | Main demographic |
| 4,659 | 74.9km | 25-29 years |
Travel about seven kilometres south of Wollongong – which was also a contender for this year’s Hot 100 – and you’ll come across Warrawong, sitting alongside the shores of Lake Illawarra.
About 1.5 hours’ drive from the Sydney CBD, Warrawong offers a coastal lifestyle close to parks, the lake, only minutes’ drive from Port Kembla beach, and with major shopping and retail stores at your doorstep.
While Warrawong has suffered some stigma in the past, the suburb “is undergoing revitalisation with investment from government and [the] private sector in health and retail assets,” Mathew Tiller said.
“Affordable coastal living, proximity to Lake Illawarra, and growing interest from renovators are driving steady property value increases in the area,” Mr Tiller added.
| Buy | Median price | Annual change | Supply | Demand |
| House | $787,000 | 9% | -2% | 14% |
| Unit | N/A | N/A | 0% | -7% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 147% | $510 | -6% | N/A | 3.8% |
| Unit | N/A | $370 | -3% | 2.5% | 4.2% |
Wattle Grove
Nominated by Matthew Tiller
| Population | Distance to capital | Main demographic |
| 8,886 | 26.9km | 5-9 years |
Wattle Grove is located in the burgeoning south-west of Sydney. Mathew Tiller said the family-friendly suburb is a local standout thanks to its transport links, including Holsworthy Station on the T8 Airport Line.
It’s not just proximity to Sydney Airport adding benefit for this small suburb, however.
“With the Western Sydney Airport set to create thousands of jobs nearby, demand for homes in this region is likely to remain high,” Mr Tiller said.
Built on the land of the Tharawal people, Wattle Grove is positioned on land once occupied for Australian Defense Force use before its development as a residential area in the 1990s.
Wattle Grove now has a shopping centre, two primary schools, and several outdoor recreational areas to boost its attractiveness among house hunters, including artificial lake project Wattle Grove Lake.
The suburb is well-connected to other regions of Sydney thanks to proximity to both the M5 and M7 Motorways, making it a desirable destination for families.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,205,000 | 9% | 39% | -15% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 99% | 15% | N/A | 3.3% | 3.8% |
| Unit | N/A | N/A | N/A | N/A | N/A |
Victoria
Bairnsdale
Nominated by Adrian Knowles
| Population | Distance to capital | Main demographic |
| 7,950 | 231.8km | 60-64 years |
Located about 3.5 hours’ drive from Melbourne in Victoria’s East Gippsland region, Bairnsdale is nestled along the banks of the Mitchell River and offers a gateway to the Gippsland Lakes as well as alpine villages including Mount Hotham.
Popular with tourists and locals alike, Bairnsdale is serviced by two high schools, a variety of primary schools, boasts a strong arts scene and is close to the region’s wineries, restaurants and markets.
It also acts as the commercial hub for the local wool, dairy and timber industries.
A median house price of $441,000 and a strong increase in rental demand delivering a median house rent of $450 per week "point to this area’s high yield attraction," according to Adrian Knowles.
| Buy | Median price | Annual change | Supply | Demand |
| House | $441,000 | -5% | 0% | -8% |
| Unit | $340,000 | -3% | -21% | -12% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 76% | $450 | 1% | N/A | 5% |
| Unit | 66% | $350 | 3% | N/A | 5.3% |
Blackburn South
Nominated by Bianca Denham
| Population | Distance to capital | Main demographic |
| 10,939 | 16.7km | 50-54 years |
Lying 16 kilometres east of the Melbourne CBD is Blackburn South, which Bianca Denham describes as “an attractive suburb known for its family-friendly atmosphere and leafy streets.”
From units and townhouses to family homes on large blocks, the suburb features a broad range of property types.
“It offers excellent schools, parks, and convenient access to public transport.
“With shopping centres nearby and a strong sense of community, Blackburn South provides a peaceful yet connected lifestyle for residents,” Ms Denham said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,357,500 | 2% | 3% | -11% |
| Unit | $810,000 | -12% | 11% | -30% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 76% | $650 | 18% | 0.9% | 2.6% |
| Unit | 38% | $610 | 22% | 3.4% | 4.0% |
Braybrook
Nominated by Peter Koulizos
| Population | Distance to capital | Main demographic |
| 9,682 | 9.6km | 25-29 years |
Located close to the Hot 100 nominated suburbs of Footscray, Footscray West and Maidstone, Braybrook in Melbourne’s inner west caught the attention of Peter Koulizos for its relative affordability and growth potential.
“[Braybrook] is cheaper than many other Melbourne suburbs, considering its distance from the city,” Mr Kouzilos said, and makes a solid investment opportunity as it’s “undergoing urban renewal, which puts upwards pressure on property prices and rent.”
Formerly an industrial suburb, Braybrook has become a magnet for developers as gentrification takes hold and young professionals with families increasingly move in, alongside a growing café culture and chain restaurants.
But it’s the suburb’s location, less than 10 kilometres from Melbourne’s CBD, that Mr Kouzilos said is key to its appeal because it offers “good capital growth prospects, as it is close to the city and Maribyrnong River.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $730,000 | 1% | 7% | 13% |
| Unit | $600,000 | 0% | 7% | 6% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 47% | $578 | 28% | 1.9% | 4.2% |
| Unit | 42% | $520 | 16% | N/A | 4.7% |
Coburg
Nominated by Matthew Scafidi and Bianca Denham
| Population | Distance to capital | Main demographic |
| 26,574 | 8.06km | 30-34 years |
Tucked next to Merri Creek and encompassing the Pentridge estate (a former prison turned residential and commercial hub) Coburg is a bustling inner-northern suburb.
It’s just 8km from the city and has ease of access via Sydney Road trams, three train stations and the nearby Tullamarine Freeway.
It’s also quite cheap compared with other neighbouring ’burbs, Matthew Scafidi said.
“Coburg offers relatively affordable housing options compared to nearby suburbs like Brunswick and Preston, appealing to budget-conscious buyers,” Mr Scafidi said. “The suburb has a strong rental market and is experiencing ongoing demand, making it a good investment opportunity.”
The eastern side of the suburb has a village feel, and also takes advantage of amenities in neighbouring Preston.
“The strong community spirit and multicultural atmosphere further contribute to its appeal, making it a desirable place to call home,” Bianca Denham said.
Mr Scafidi said the suburb was experiencing gentrification as young families moved there to take advantage of parks and schools.
“The population is growing, particularly among young families and professionals,” he said. “Coburg is family-friendly, with good schools, parks, and community services, enhancing its appeal to parents.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,160,000 | -1% | 20% | -14% |
| Unit | $555,000 | -1% | 18% | 5% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 66% | $695 | 12% | 0.7 | 3.1% |
| Unit | 27% | $500 | 11% | 0.8 | 5.1% |
Cranbourne
Nominated by Charlotte Pascoe and Rich Harvey
| Population | Distance to capital | Main demographic |
| 21,281 | 42.8km | 30-34 years |
About 43 kilometres from Melbourne’s CBD, Cranbourne has benefited from substantial investment in infrastructure, which supports its long-term growth potential, and for both Charlotte Pascoe and Rich Harvey it ticks all the boxes of a suburb on the rise.
Cranbourne “offers relatively affordable housing options compared to many Melbourne suburbs, making it appealing for first-time buyers and families,” Ms Pascoe said.
“[It] features a variety of shopping centres, including Cranbourne Park Shopping Centre, as well as parks, cafes, and restaurants.
“Strong rental demand, with ongoing residential and commercial developments [are] enhancing its [investment] appeal,” she added.
Similarly, Rich Harvey identified the suburb’s affordability, ongoing infrastructure improvements, good access to major roads and freeways, new housing and commercial developments, and access to family-friendly amenities like schools, parks and recreational areas as all key to the suburb’s appeal.
“Over the past decade, Cranbourne has experienced significant growth due to its affordability, infrastructure improvements, and increasing demand from first-home buyers and investors,” Rich Harvey said.
“With ongoing development and its position in Melbourne’s growing south-east corridor, Cranbourne is likely to continue its capital growth trend in 2024 and beyond,” Mr Harvey said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $657,725 | 1% | 14% | 6% |
| Unit | $480,000 | 7% | -12% | -1% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 98% | $505 | 10% | 1.8% | 4.1% |
| Unit | 85% | $440 | 9% | 1.1% | 4.8% |
Ferntree Gully
Nominated by Charlotte Pascoe and Bianca Denham
| Population | Distance to capital | Main demographic |
| 27,398 | 28.7km | 35-39 years |
Nominated last year and selected by two experts this year, the picturesque Ferntree Gully in the foothills of the Dandenong Ranges makes a formidable case for inclusion in the Hot 100 suburbs to watch in 2025.
Bianca Denham sites the suburb’s “affordable housing, excellent schools, and abundant parks,” as reasons why it offers such a strong family-friendly lifestyle.
“The area also boasts convenient transport links and a vibrant community, making it an ideal place to live,” Ms Denham added.
They are characteristics also identified by Charlotte Pascoe who said its “strong rental market and increasing interest from buyers,” as well as its “steady [population] growth,” were reasons why the suburb has solid investment prospects.
Just under 30 kilometres from Melbourne’s CBD, the suburb’s stunning natural surroundings offer a tree-change lifestyle within an easy commute of the city.
It’s little wonder Ms Pascoe said, “young families are increasingly moving in,” as they “seek more space and affordability.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $885,000 | -1% | 6% | -3% |
| Unit | $670,000 | -2% | 14% | -3% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 77% | $590 | 13% | 0.7% | 3.6% |
| Unit | 63% | $550 | 17% | 0.8% | 4.2% |
Geelong West
Nominated by Cate Bakos
| Population | Distance to capital | Main demographic |
| 7,345 | 65.2kms | 30-34 years |
A mix of renovated and period homes popular with young professionals and first-home buyers feature prominently along the streets of Geelong West, which is located about a 75-minute drive south-west of the Melbourne CBD.
“Geelong prices were negatively impacted following the heights of 2021, [but] the market has reached the bottom of this current downwards cycle and agents are reporting a renewed interest in buyer activity,” Cate Bakos said.
Offering a suburban lifestyle with parks and Port Philip Bay on the doorstep, but with amenities such as cafés and boutique shopping close at hand, there’s always plenty to do and see in this neck of the woods.
“With Geelong forecast to experience strong population growth, there is little doubt that this city by the bay will deliver growth in future years.
“The Geelong food and wine scene has dramatically changed in recent years, too, and the bustling and exciting offerings of Little Malop Street in the city are a pleasant hike away for many in Geelong West,” Ms Bakos added.
| Buy | Median price | Annual change | Supply | Demand |
| House | $730,000 | 1% | 4% | 4% |
| Unit | $510,000 | 7% | 20% | -1% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 97% | $550 | 10% | 0.6% | 4.0% |
| Unit | 73% | $450 | 7% | 1.1% | 4.8% |
Karingal
Nominated by Cate Bakos
| Population | Distance to capital | Main demographic |
| N/A | 40.3km | N/A |
While not a traditional suburb with defined borders, Karingal is best described as a ‘pocket’ of Frankston, featuring housing stock largely developed in the 1970’s and ‘80’s.
Alongside neighbouring Langwarrin and Frankston, which also made the Hot 100 shortlist, the area boasts homes that remain relatively affordable.
“It offers $700k - $800k family homes, and access to schools, tollways and Frankston’s city centre hold it in good stead for young families,” Cate Bakos said.
With ample parks, sporting facilities and a shopping hub featuring cinemas and major retailers, those looking to buy in Karingal have their work cut out for them.
“Competition is tough, and prices have held firm when other parts of Melbourne experienced a downturn,” Ms Bakos said.
“Close to the gateway of the Mornington Peninsula, this location is showing no sign of slowing down.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $865,000 | -4% | 16% | -6% |
| Unit | $490,000 | 1% | 47% | 23% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 88% | $520 | 2% | 0.7% | 3.2% |
| Unit | 39% | $415 | -1% | N/A | 4.3% |
Reservoir
Nominated by: Matthew Scafidi
| Population | Distance to capital | Main demographic |
| 51,096 | 11.5km | 30-34 years |
Almost like four suburbs in one (at 19sq kms, it’s the largest suburb in Victoria by area), Reservoir – or Rezza, as it’s known to locals – is as diverse as it is large.
Located less than 12km from the city and well-connected by public transport (it’s serviced by four train stations and a tram line) this northern middle-ring suburb is popular with young families priced out of suburbs to the south.
“Reservoir offers competitive property prices compared to neighbouring suburbs like Preston and Thornbury, making it appealing for budget-conscious buyers,” Matthew Scafidi said.
In its southern quadrants in particular, a plethora of cafes, shops, bars and restaurants have opened in recent years, buoyed by the migration of young professionals to the areas around High Street, Broadway, Regent Street and Edwards Street.
"Reservoir is undergoing gentrification, with new cafes, shops, and residential developments transforming the area," Mr Scafidi said.
Between 2016 and 2021, nearly 11,500 people moved to Reservoir from another area in Melbourne, according to ABS Census data.
During the same time, the percentage of people employed as “professionals” increased from about 21% to 26% – the 2021 figures representing a higher proportion of professional workers in Reservoir than in Victoria overall.
“There’s a noticeable shift towards younger families and professionals, contributing to a more diverse community,” Mr Scafidi said. “Significant infrastructure improvements are underway, including upgrades to public transport and community facilities, which are enhancing the suburb’s appeal and liveability.”
It’s also a very family-oriented suburb, Mr Scafidi said, with ample green space including Edwardes Lake Park, and popular schools – two of which have had recent upgrades funded by the state government.
| Buy | Median price | Annual change | Supply | Demand |
| House | $895,000 | 4% | 17% | 1% |
| Unit | $620,000 | 0% | 7% | -6% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 70% | $550 | 15% | N/A | 3.3% |
| Unit | 63% | $493 | 17% | N/A | 4.4% |
Shepparton
Nominated by Charlotte Pascoe
| Population | Distance to capital | Main demographic |
| 51,096 | 11.5km | 30-34 years |
Set on the Goulburn River, this burgeoning regional centre just two hours from Melbourne boasts a Mediterranean climate and a thriving arts scene.
It’s known as the home of SPC Australia and is located in what’s often called “Australia’s food bowl”. Other food manufacturing companies, including Campbell’s Soup Australia, also call the regional centre home.
The suburb of Shepparton encompasses the majority of the town, excluding some fringe areas. Charlotte Pascoe said Shepparton had affordable options for first-home buyers, and its proximity to Melbourne made it a desirable area.
“It has ongoing infrastructure improvements, including transport and community facilities,” Ms Pascoe said. “It’s also known for a family-friendly atmosphere with good schools and community services.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $460,000 | 7% | 25% | 2% |
| Unit | $380,000 | 7% | 28% | 13% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 89% | $450 | 10% | 1.1% | 5.4% |
| Unit | 79% | $375 | 10% | 0.7% | 5.6% |
Soldiers Hill
Nominated by Cate Bakos
| Population | Distance to capital | Main demographic |
| 2,813 | 101.80km | 25-29 years |
This picturesque suburb is to Ballarat what Carlton is to Melbourne with its leafy streets and heritage homes.
Bordering the town centre and the V/Line train station, and not far from Lake Wendouree, Soldiers Hill is perfectly located to take advantage of all that Ballarat has to offer – which is a lot, according to Cate Bakos.
“With de-centralised government services, two hospitals, a large university and many businesses based in Ballarat, a strong supply of professional workers have continued to keep Ballarat thriving,” Ms Bakos said.
“Like many of Victoria’s regions, Ballarat also experienced a price decline following the 2021 highs. Ballarat has continued to grow its food and wine scene though, and day-trippers and weekend visitors are enjoying the spoils of this beautiful provincial city.”
She said Soldiers Hill was one of Ballarat’s most “sought-after and pretty suburbs”.
“It boasts some stunning Victorian architecture, too.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $620,000 | 2% | 18% | 22% |
| Unit | $377,500 | -3% | 25% | -6% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 84% | $400 | 4% | N/A | 3.8% |
| Unit | 34% | $360 | 3% | N/A | 4.7% |
Spotswood
Nominated by Cate Bakos
| Population | Distance to capital | Main demographic |
| 2,820 | 6.7km | 35-39 years |
With the Westgate Tunnel project coming to an end, Melbourne’s entire inner west is set to benefit from easier commute times, however it’s been Yarraville and Spotswood which have endured the brunt of four years’ worth of construction and road closures.
But according to Cate Bakos, the future for Spotswood is looking bright.
“This sleepy little village has also had some significant positive changes over the last few years, including the development of Grazeland, a foodie-haven on the banks of the Yarra where industry and petrochemical tanks used to reside,” Ms Bakos said.
“Spotswood is also home to Scienceworks, and Hudsons Road village boasts some of the area’s best cafes and pastries.
“A large mixed-use development in Spotswood is also attracting locals and this tiny little town packs a big punch,” Ms Bakos enthused.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,115,000 | -3% | 10% | 49% |
| Unit | $717,500 | 23% | 37% | 11% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 72% | $748 | 27% | 2.7% | 3.5% |
| Unit | 47% | $575 | 22% | 22.5% | 4.6% |
St Kilda East
Nominated by Cate Bakos
| Population | Distance to capital | Main demographic |
| 12,571 | 6.8km | 30-34 years |
Slightly more demure than neighbouring St Kilda, yet only 7 kilometres from the city centre, St Kilda East offers a quiet residential lifestyle, while still being close to all the action.
“For the distance to the city relative to other apartment-centric locations, St Kilda East offers incredible value for first-home buyers,” Cate Bakos said.
With 1960’s-built apartments and old Victorian mansions converted into flats dotted all around the suburb, there’s opportunity for their residents to enjoy plenty of space in near-by Alma Park.
“Many of the apartment blocks are low-rise, low density and they offer great ‘Land to Asset Ratio’ when compared to their high-rise counterparts,” Ms Bakos said.
“Balaclava train station is a bonus for many also, as neighbouring Elwood doesn’t offer rail amenity. Bustling Carlisle St offers some great bakery and café options, too.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,695,500 | 1% | 4% | -2% |
| Unit | $567,500 | -2% | 36% | 17% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 65% | $875 | 5% | 2.4% | 3.3% |
| Unit | 14% | $520 | 11% | 1.4% | 5.0% |
Sunshine West
Nominated by Cate Bakos
| Population | Distance to capital | Main demographic |
| 18,522 | 12.8km | 25-29 years |
Just 13km west of Melbourne’s CBD, Sunshine West is home to a diverse community and relatively affordable housing, with family homes on large blocks featuring prominently.
“Sunshine West offers many brick, triple-fronted 1960’s houses on generous allotments,” Cate Bakos said.
“House prices did shift back a little bit in this area following the interest rate increases, but many homebuyers and investors have returned to the market, and the two nearby large new hospitals have continued to drive buyer and tenant demand in the area also,” added Ms Bakos.
A large suburb with some of its oldest pockets within walking distance to Sunshine station, Sunshine West offers buyers, investors and renters a convenient location with easy access to amenities such as schools, parks, health care and restaurants.
| Buy | Median price | Annual change | Supply | Demand |
| House | $675,500 | 1% | 15% | 11% |
| Unit | $605,500 | 10% | -4% | 30% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 75% | $480 | 14% | 1.5% | 3.8% |
| Unit | 85% | $450 | 18% | N/A | 4.9% |
Werribee
Nominated by Cate Bakos
| Population | Distance to capital | Main demographic |
| 50,027 | 27.9kms | 30-34 years |
While Werribee has carried some stigma in the past, there is no denying the suburb has a lot to offer, according to Cate Bakos.
“For the budget-conscious, this high-amenity suburb offers significantly lower price-points for house buyers. An established, updated 1980’s house on a typical allotment can be secured for circa early $600k’s,” Ms Bakos said.
Sitting about 30 kilometres by road from the city centre, and with a large population, Werribee is serviced by numerous schools, bus and rail lines, health care facilities, its own shopping mall and business district, and a broad number of housing estates.
Ms Bakos also noted the suburb is “currently experiencing high demand from buyers, [and] competition is palpable, from family buyers and investors alike.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $613,750 | 1% | 17% | 6% |
| Unit | $430,000 | -1% | 12% | 5% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 99% | $480 | 17% | 2.3% | 4.2% |
| Unit | 65% | $400 | 11% | 0.7% | 5.1% |
Queensland
Banyo
Nominated by Guy Smith
| Population | Distance to capital | Main demographic |
| 6,105 | 11.8km | 30-34 years |
Banyo has traditionally been a hotspot for aviation and airport workers, but more and more budget-conscious homebuyers are turning their sights to the area.
The suburb is next to the Brisbane airport, which used to put some buyers off.
But homebuyers have been paying greater attention to Banyo, where you can find a median house price for under $1 million near a train station and only 11km from the Brisbane CBD.
“The suburb is relatively affordable compared to some of the blue-chip areas,” Guy Smith said.
“The suburb has strong train connectivity and is benefiting from ongoing gentrification and access to the airport and motorway.”
Banyo also has quick access to the Gateway motorway and other major roads, offering a speedy commute to the city, as well as the Sunshine and Gold coasts.
| Buy | Median price | Annual change | Supply | Demand |
| House | $946,250 | 9% | 2% | 21% |
| Unit | $598,500 | 17% | 50% | 11% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 116% | $650 | 7% | N/A | 3.6% |
| Unit | 44% | $580 | 9% | N/A | 5.7% |
Calamvale
Nominated by Rich Harvey
| Population | Distance to capital | Main demographic |
| 17,994 | 17.2km | 35-39 years |
If you’re looking for suburban bliss, look no further than Calamvale.
Located 18km south of Brisbane’s CBD, Rich Harvey said the neighbourhood offered a unique blend of suburban comfort and proximity to key employment hubs.
“Known for its multicultural community and diverse housing options, the suburb has become a hotspot for both owner-occupiers and investors,” Mr Harvey said.
The suburb has strong connectivity via frequent bus services and easy access to major arterial roads like the Gateway and Logan motorways.
There are convenient shopping facilities at Calamvale Central and Sunnybank Hills Shopping town as well, making it an attractive spot.
On top of its connectivity and amenities, Calamvale has a mix of modern townhouses, established homes, and newer developments, with larger properties often tailored to multi-generational living.
“With its strategic location, strong community amenities, and proximity to cultural hubs, Calamvale suits families, professionals, and investors looking for a thriving, well-connected suburb,” Mr Harvey said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,242,500 | 19% | 11% | -18% |
| Unit | $654,605 | 21% | 6% | -31% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 123% | $700 | 7% | 1.2% | 3.4% |
| Unit | 71% | $590 | 7% | 0.7% | 4.9% |
Clayfield
Nominated by Bianca Denham, Guy Smith
| Population | Distance to capital | Main demographic |
| 10,897 | 6.9km | 30-34 years |
Clayfield is a perennial Brisbane favourite, having been nominated again this year by not just one judge but two.
Located about 7km from the Brisbane CBD, the affluent inner-north neighbourhood has seen notable house price growth, according to Bianca Denham.
“This impressive growth reflects the suburb's desirability, characterised by its prestigious schools, lush parks, and proximity to the CBD,” Ms Denham said.
“Clayfield offers a perfect blend of luxury living and community convenience, making it a sought-after choice for families and investors.”
The suburb’s family appeal and amenity has delivered dividends for homeowners, who have seen super strong house and unit price growth over the past 12 months, up 14% and 21%, respectively.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,875,000 | 14% | 3% | -3% |
| Unit | $625,750 | 21% | 14% | 26% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 117% | $833 | 4% | N/A | 2.8% |
| Unit | 58% | $520 | 8% | 0.5% | 4.7% |
Coomera
Nominated by Adrian Knowles, Rich Harvey
| Population | Distance to capital | Main demographic |
| 20,225 | 52.3km | 25-29 years |
Coomera is a fast-growing suburb at the northern end of the Gold Coast, offering affordability, growth potential, and a family-friendly lifestyle.
Adrian Knowles and Rich Harvey nominated Coomera, highlighting its long-term potential for homebuyers and investors.
Mr Harvey said the combination of location, infrastructure investment, and development makes it highly appealing to a wide range of buyers.
“Coomera’s affordability, infrastructure growth, and community appeal position it as a suburb with excellent potential for 2024 and beyond,” Mr Harvey said.
A new public hospital is under construction in Coomera, in addition to a proposal for a new private hospital and medical precinct.
Coomera is also set to play a part in the upcoming 2032 Olympic Games, with the existing Coomera Indoor Sports Centre earmarked to host indoor volleyball and the Paralympic wheelchair rugby.
The suburb is situated between Brisbane and the Gold Coast, with easy access via the M1 motorway and Coomera train station.
It also caters to families with sought-after schools, including Coomera Anglican College and Foxwell State Secondary College.
| Buy | Median price | Annual change | Supply | Demand |
| House | $857,500 | 8% | 1% | 12% |
| Unit | $625,500 | 15% | -16% | 62% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 68% | $730 | 7% | 0.7% | 4.6% |
| Unit | 82% | $620 | 7% | N/A | 5.2% |
Coorparoo
Nominated by Mathew Tiller
| Population | Distance to capital | Main demographic |
| 18,132 | 4.2km | 25-29 years |
Located just 4km from the Brisbane CBD, Cooparoo is known for its cool cafes and other dining and entertainment options.
“Coorparoo continues to attract buyers with its mix of café/restaurant culture, proximity to the CBD, and strong transport links,” said Mathew Tiller, who nominated Cooparoo for its lifestyle this year.
“Urban projects like the Coorparoo Square redevelopment are increasing the amenity and services offered in the suburb, improving the demand from buyers looking for character homes or modern apartments.”
For housing, the suburb offers everything from Queenslanders on spacious blocks through to newly built apartments.
Cooparoo’s appeal is clear when looking at the local real estate market, with house and unit prices up by 15% and 20% over the past year, respectively.
| Buy | Median price | Annual change | Supply | Demand |
| House | $857,500 | 8% | 1% | 12% |
| Unit | $625,500 | 15% | -16% | 62% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 68% | $730 | 7% | 0.7% | 4.6% |
| Unit | 82% | $620 | 7% | N/A | 5.2% |
Fairfield
Nominated by Peter Koulizos
| Population | Distance to capital | Main demographic |
| 3,106 | 4km | 20-24 years |
Fairfield offers a lovely lifestyle with its proximity to the CBD, ample green spaces, and excellent amenities, according to Peter Koulizos.
Almost 4km from the Brisbane CBD, Fairfield is a short commute into the city, as well as South Bank and the Gabba stadium.
“Its proximity to medical facilities and the University of Queensland in nearby St. Lucia, has something to offer to both young and old," Mr Koulizos said.
“Its quiet streets and family-friendly environment make it a very desirable location.
“With continued urban growth, increasing public infrastructure and a prime location near the river and city, Fairfield is a smart choice for buyers seeking convenience, comfort, and long-term capital growth.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,100,000 | 9% | 35% | -15% |
| Unit | $680,000 | 18% | 30% | -4% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 64% | $675 | 4% | N/A | 3.5% |
| Unit | 62% | $550 | 0% | N/A | 5.1% |
Ferny Hills
Nominated by Melinda Jennison
| Population | Distance to capital | Main demographic |
| 8,726 | 11.2km | 40-44 years |
Ferny Hills is surrounded by lush green forests in the southernmost part of the Moreton Bay region, making it an ideal location for nature lovers and those seeking a peaceful lifestyle.
The suburb's western boundary borders the Samford Conservation Park, while the residential areas are concentrated to the east.
While close to nature, Melinda Jennison said the suburb was also well-connected thanks to the nearby Ferny Grove train station.
“As a more affordable, family-friendly suburb, Ferny Hills provides plenty of schooling options and nearby shopping precincts," Ms Jennison said.
“Located less than 12km north-west of Brisbane’s CBD, Ferny Hills is a fast-moving market, with properties spending less time on the market than the Brisbane average.
“Buyers must act quickly to secure homes in the more premium parts of the suburb.”
Ms Jennison said the suburb offered good value for homebuyers, with generous land parcels and properties that varied in size depending on whether they had been updated.
| Buy | Median price | Annual change | Supply | Demand |
| House | $968,600 | 13% | -1% | 29% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 106% | $650 | 3% | N/A | 3.7% |
| Unit | N/A | N/A | N/A | N/A | N/A |
Gatton
Nominated by Simon Pressley
| Population | Distance to capital | Main demographic |
| 7,851 | 74.6km | 25-29 years |
Gatton is known for a few things. It’s the major administration centre of Australia’s most productive food bowl, Lockyer Valley.
It’s also home to the University of Queensland Gatton campus, where students learn about agricultural traditions and innovative research.
But it’s fast becoming a hotspot for affordability-driven homebuyers too.
Simon Pressley said there was plenty to like about Gatton, with relatively affordable homes located within one hour of Brisbane and 30 minutes from Toowoomba.
“The growth is reflected in real estate values,” Simon Pressley said.
“House prices in both Gatton and nearby Plainland increasing at a higher rate than every capital city over the last five years.”
The broader region has been expanding through economic growth, its education offerings, relaxed lifestyle and affordable housing, Mr Pressley noted.
| Buy | Median price | Annual change | Supply | Demand |
| House | $510,000 | 20% | -18% | 56% |
| Unit | $345,000 | 14% | -45% | 121% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 92% | $500 | 11% | 1.4% | 5.4% |
| Unit | N/A | $375 | -3% | N/A | 6.1% |
Geebung
Nominated by Melinda Jennison
| Population | Distance to capital | Main demographic |
| 4,850 | 10.7km | 45-49 years |
Geebung is undergoing a wave of gentrification, as younger families and professionals move into the laid-back neighbourhood situated about 11km from the Brisbane CBD.
Melinda Jennison said the suburb offered more affordable property prices compared to neighbouring areas like Wavell Heights and Virginia, with median house values around the $1 million mark.
It’s close to shopping hubs such as Westfield Chermside, and it’s well-connected with the train line, which provides direct access to the CBD, airport, and Sunshine Coast.
“Known for its laid-back lifestyle and abundant green spaces, Geebung is particularly appealing to families,” Ms Jennison said.
“Gentrification is already taking hold, with older homes being either renovated or replaced by modern designs.
“It remains a low-density residential suburb, with no units or townhouses, though there is some industrial land on its eastern boundary.”
Ms Jennison noted that the suburb’s demographic has been shifting, with families and professionals replacing older generations, supported by higher-income families and a strong dominance of owner-occupiers.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,010,000 | 15% | -17% | -7% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 112% | $625 | 6% | N/A | 3.4% |
| Unit | N/A | $465 | 3% | N/A | 4% |
Graceville
Nominated by Nick Boyd
| Population | Distance to capital | Main demographic |
| 4,764 | 7.3km | 10-14 years |
With wide streets and leafy backyards, Graceville is a charming suburban pocket within inner Brisbane.
“Located south of the river, it stands out for its unique property styles and architecture, coupled with a peaceful, family-centric environment,” Nick Boyd said of the suburb.
Graceville has been a popular spot for families thanks to its relaxed lifestyle and proximity to the city - just 7km from the Brisbane CBD.
There is a convenient shopping strip along Honour Avenue, boasting sought-after cafes such as Hunter and Scout, Three Girls Skipping, and Arte and Gusto cafes.
Getting around Graceville is a breeze as well due to the Graceville train station and bus services.
It also has pretty outlooks of the Brisbane River, and a variety of parks to enjoy, including the Memorial Park, Faulkner Park and the Riverside Parklands.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,350,000 | 17% | 44% | -5% |
| Unit | $670,000 | 8% | 22% | 21% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 99% | $835 | 5% | N/A | 3.4% |
| Unit | 70% | $700 | 17% | N/A | 5.8% |
Herston
Nominated by Melinda Jennison
| Population | Distance to capital | Main demographic |
| 2,311 | 2.5km | 20-24 years |
You can find major health and education employment hubs close to Herston, which have been increasing the suburb’s appeal among homebuyers who want to be close to work and property investors.
Herston – just 3km from the Brisbane CBD – offers quick access to the Royal Brisbane and Women’s Hospital and the Queensland University of Technology's Kelvin Grove campus.
“With substantial investments in health infrastructure and nearby transport upgrades, such as the inner-city busway and the new Brisbane Metro, Herston’s desirability continues to grow,” Melinda Jennison said.
“Its proximity to major health and educational institutions drives strong rental demand, ensuring reliable rental returns.”
The suburb is also close to lifestyle destinations, including the Victoria Park precinct, which is currently being transformed from a golf course into a vast public parkland.
The housing landscape has also been evolving, with older homes getting renovated and modern, low-density townhouses and apartments being developed.
These changes are attracting more young professionals, healthcare workers and students to the area.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,310,000 | 16% | 17% | -15% |
| Unit | $650,000 | -18% | 6% | 20% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 119% | $750 | 7% | N/A | 2.9% |
| Unit | 42% | $528 | 5% | N/A | 4.6% |
Kirwan
Nominated by Bianca Denham
| Population | Distance to capital | Main demographic |
| 20,780 | 1,113.6km | 15-19 years |
Homebuyers looking for lifestyle and a friendly atmosphere in Far North Queensland should take a look at this Townsville suburb.
Kirwan, located about 10km from Townsville’s city centre, has seen a flurry of real estate activity over the past 12 months, with house prices up by more than 23% year-on-year.
Bianca Denham said savvy homebuyers should look closely at Kirwan East, the eastern part of the suburb, where home prices have outperformed.
“This impressive growth can be attributed to the suburb's appealing lifestyle, family-friendly environment, and access to essential amenities such as schools, parks, and shopping centres,” Ms Denham said.
“As demand continues to rise, Kirwan East stands out as an attractive option for homebuyers and investors looking to capitalise on its thriving market.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $494,000 | 24% | -24% | 60% |
| Unit | $332,500 | 23% | -29% | 48% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 42% | $500 | 6% | 1.1% | 5.5% |
| Unit | 14% | $380 | 9% | N/A | 6.7% |
Maroochydore
Nominated by Pete Wargent
| Population | Distance to capital | Main demographic |
| 20,629 | 91.3km | 25-29 years |
Maroochydore is the major commercial area of the Sunshine Coast incorporating the region’s central business district, its largest shopping centre, and major transport interchange.
A popular holiday destination, Maroochydore is “improving and becoming increasingly popular all the time”, Pete Wargent said.
The revitalised city centre in the suburb also picked up an Urban Development Institute of Australia for the best residential property development in 2016.
“Some coastal suburbs have seen prices cooling on the Sunshine Coast, allowing buyers to pick up fine opportunities close to the water from a reasonable price point,” he added.
Maroochydore is a bustling combination of residential, educational and commercial centres and includes a golf club, a heritage-listed caravan park, a multi-sports complex, public and private schools and several large sports clubs.
It's also close to the Sunshine Coast Airport as well as other major areas in the region including Noosa to the north and Caloundra to the south. New transport links in the area are also set to increase demand and price growth, including a new heavy rail line from Gympie and a light rail system connect it with other local regional hubs.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,105,000 | 13% | -1% | 19% |
| Unit | $752,500 | 7% | 8% | 9% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 135% | 5% | 0.5% | 3.8% | 5.5% |
| Unit | 103% | 6% | 0.5% | 4.6% | 6.7% |
Mermaid Beach
Nominated by Rich Harvey
| Population | Distance to capital | Main demographic |
| 7,329 | 75.5km | 25-29 years |
Mermaid Beach is a standout on the Gold Coast, celebrated for its relaxed coastal lifestyle, exclusivity, and proximity to top-tier amenities.
It combines beachfront living with a village-like charm, making it one of the most sought-after areas in Queensland, according to Rich Harvey.
“Nestled between Broadbeach and Miami, Mermaid Beach offers quick access to shopping, dining, and entertainment hubs while retaining a quieter, more laid-back vibe,” Mr Harvey said.
The suburb is renowned for its upscale cafes, boutique restaurants, and trendy bars, and is close to Pacific Fair Shopping Centre and The Star Gold Coast Casino.
Mr Harvey said the area had a mix of luxury beachfront homes, low-rise apartments and duplexes to cater to affluent buyers, downsizers and retirees, young professionals and investors.
High-end apartment projects like The Landmark, Yves, LAANI, and Prominence have also been redefining the area's skyline.
“Mermaid Beach’s mix of luxury, lifestyle and steady growth makes it a premier choice for buyers seeking coastal elegance and convenience,” Mr Harvey said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $3,400,000 | 31% | 16% | -3% |
| Unit | $920,000 | 13% | -1% | -10% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 203% | $1,300 | 0% | N/A | 2.4% |
| Unit | 132% | $750 | 0% | 0.5% | 4.3% |
Nambour
Nominated by Simon Pressley and Matthew Tiller
| Population | Distance to capital | Main demographic |
| 12,145 | 93.6km | 10-14 years |
Nambour, an inland Sunshine Coast suburb, is known for its affordable housing and large variety of schools, making it an ideal location for families. Situated 15 minutes from the beach and the Maroochydore CBD, Nambour is undergoing significant gentrification, but still offers buyers more affordable housing than nearby areas.
“Nambour is family-friendly township with great upside – significant investment in passenger rail infrastructure connection is about to commence,” Simon Pressley said.
“Local residents enjoy being away from the glitz and glamour of the traditional tourism hotspots. Nambour is a real estate gem with its own business district, quality amenities and the price of detached housing is among the most affordable.”
Nearby health, retail and tourism precincts provides a strong local employment base close to home for those in Nambour.
The area has also benefitted from the work of Reimagine Nambour – a collaboration between political, business and community leaders seeking to unite the town around the Nambour Economic Transition Strategy – an action plan to transform the local economy while retaining and capitalising on Nambour’s unique cultural identity.
This recently saw the confirmation of the ‘Nambour CBD Revitalisation’ project – a $500,000 makeover for the town centre which will begin in 2025.
| Buy | Median price | Annual change | Supply | Demand |
| House | $750,000 | 12% | 4% | 18% |
| Unit | $505,500 | 5% | -5% | 51% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 124% | 6% | 1.6% | 4.6% | 2.4% |
| Unit | 137% | 6% | N/A | 5.0% | 4.3% |
Narangba
Nominated by Rich Harvey
| Population | Distance to capital | Main demographic |
| 20,910 | 33km | 10-14 years |
Narangba has been transformed from a quiet, semi-rural area into a thriving suburban hub.
In recent years, the suburb - located about 33km north of Brisbane’s CBD - has seen significant upgrades to its schools, parks, and retail facilities, including the popular Narangba Valley Shopping Centre.
It is well-connected thanks to the Bruce Highway, allowing for easy commutes to Brisbane and the Sunshine Coast.
Rich Harvey said Narangba was ideal for families, first-home buyers, and investors looking for long-term growth in a community-focused environment.
“Its family-friendly atmosphere, affordability, and accessibility make it a magnet for young families and first-home buyers seeking value for money without compromising on lifestyle,” Mr Harvey said.
“Strong demand, driven by interstate migration and local buyers, has fueled steady price growth, while its relative affordability compared to nearby suburbs like North Lakes enhances its investment potential.”
Narangba’s housing market is dominated by modern brick-and-tile homes on generous blocks, catering primarily to families and upgraders.
| Buy | Median price | Annual change | Supply | Demand |
| House | $817,450 | 10% | 4% | 16% |
| Unit | $560,000 | 30% | -14% | 21% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 86% | $600 | 2% | 1.1% | 4.4% |
| Unit | N/A | $480 | 2% | N/A | 5% |
Robina
Nominated by Rich Harvey
| Population | Distance to capital | Main demographic |
| 25,659 | 75.9km | 20-24 years |
Robina, on Queensland's Gold Coast, is a thriving suburb known for its convenience, lifestyle, and ongoing growth.
It features modern homes, with luxury waterfront properties in Robina Waters adding a touch of prestige to the suburb.
Rich Harvey said the suburb had been thoughtfully designed with wide streets and ample green spaces, including the upcoming Greenheart Parklands.
“A huge park which will provide 252ha of open space and recreation is coming to Robina,” he said.
“It’ll be a great spot for walking, biking, and outdoor activities.”
Additionally, Robina is close to the Gold Coast's beaches, the M1 motorway, and public transport, making it ideal for commuters.
There are major projects set to support the future demand of the suburb, including the expansion of the Robina hospital, new housing developments and transport upgrades.
But it’s the Olympic Games - Gold Coast Athlete Village that’s earmarked for construction in Robina that has locals excited, housing about 2,600 athletes and team officials once it has been completed.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,285,000 | 18% | 6% | -5% |
| Unit | $781,500 | 9% | -1% | 5% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 140% | $900 | 6% | N/A | 4.3% |
| Unit | 88% | $750 | 3% | N/A | 5.3% |
Rockhampton
Nominated by Simon Pressley
| Population | Distance to capital | Main demographic |
| 2,059 | 521km | 20-24 years |
Known for its cattle and fishing, Rockhampton in central Queensland is often called the beef and barra capital of Australia.
Rockhampton offers a taste of country life with many modern attractions, with a local distillery, renowned art gallery, bars and eateries.
One of the hallmarks of Rockhampton is the Fitzroy River, which weaves through the city, making it a hotspot for anglers.
The backbone of the local economy is agriculture, largely beef, as well as defence, transport and mining.
“This central Queensland mini capital city is one of the last remaining major jurisdictions in Australia with a sub $500,000 median house price,” Simon Pressley said.
The latest median house price for Rockhampton City was $345,000, according to PropTrack data for the year to November 2024.
House prices in the area were actually less than units in Rockhampton City where the median unit price was $475,000 for the same period.
| Buy | Median price | Annual change | Supply | Demand |
| House | $345,000 | 48% | -3% | 50% |
| Unit | $475,000 | -10% | 7% | 56% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 73% | $420 | 11% | 2.5% | 7.1% |
| Unit | 8% | $430 | -10% | N/A | 6.1% |
Tewantin
| Population | Distance to capital | Main demographic |
| 11,164 | 119.5km | 70-74 years |
Once regarded as a small country town in an isolated location that was difficult to get to, Propertyology’s Simon Pressley said Tewantin is now a firm frontrunner suburb to watch on the Sunshine Coast.
The suburb benefits from its close proximity to Noosa, which has transformed in recent decades into one of the country’s most popular holiday destinations.
“The region’s growth saw Tewantin evolve into an idyllic community for permanent residents of the beautiful Noosa region,” Mr Pressley said.
“Tewantin is nestled against the harbour, it has its own retail village, good schools and a fast-emerging restaurant culture.”
The surburb is a diverse mix of residential and commercial sites and is semi-rural, incorporating the Harry Spring Conservation Park, the Tewantin National Park, the Tewantin Forest Reserve, and Moorindil Reserve.
Major roads circle Tewantin, giving residents quick access to desirable coastal areas including Sunshine Beach and Castaways Beach. The suburb is also well-positoned on the edge of the Sunshine Coast’s famous hinterland region, giving its residents an enviable mixture of lifestyle opportunities.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,122,500 | 11% | 11% | -14% |
| Unit | $650,000 | -16% | 2% | 36% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 152% | 9% | N/A | 3.9% | 7.1% |
| Unit | 142% | 11% | N/A | 4.5% | 6.1% |
Wakerley
Nominated by Bianca Denham
| Population | Distance to capital | Main demographic |
| 8,718 | 12.4km | 10-14 years |
In Brisbane’s east is the suburb of Wakerley, a family-friendly neighbourhood that’s a short distance from the coast.
Wakerley is located near the bayside suburb of Manly, and takes less than 15 minutes to drive to the Manly esplanade, where you can enjoy some tasty fish and chips on the waterfront.
Bianca Denham, who nominated the area for its amenity and gentrification, said it was a thriving suburb in the Queensland capital, offering a blend of modern living and natural beauty.
“With its spacious parks, excellent schools, and family-friendly atmosphere, it's perfect for young families and professionals,” Ms Denham said.
“Proximity to major transport routes and shopping centres enhances its appeal as a desirable place to buy.”
Home prices have been climbing in the suburb, with the median house growing about 9% to $1.315 million over the year to November 2024.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,315,000 | 9% | 12% | -23% |
| Unit | $714,000 | 8% | -18% | 12% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 87% | $790 | 2% | N/A | 3.4% |
| Unit | 68% | $555 | -7% | N/A | 4.2% |
Windsor
Nominated by Andrew Freid
| Population | Distance to capital | Main demographic |
| 7,811 | 4.3km | 25-29 years |
For homebuyers seeking out family appeal and amenity near the Brisbane city centre, Windsor is worth a look.
Located about 4km north of the Brisbane CBD, Windsor is well-connected with a train station, bus services and major arterial roads.
It has a range of eateries and shops, including popular cafes such as Outside In and Bear Boy Espresso.
Andrew Freid, who nominated the suburb for its family appeal, amenity and location, said it was a landlocked and liveable suburb located very close to the fringe of the Brisbane CBD.
“There are great schools nearby, and some leafy, attractive streets for families to live in,” he said. “Some streets also offer great city and district views.”
Homebuyers have flocked to the suburb in recent times, with the median house price rising more than 16% to $1.365 million for the 12 months to November 2024.
Units and apartments have also been trading, with the median unit price jumping almost 12% during the same period.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,365,000 | 17% | 6% | -11% |
| Unit | $595,000 | 12% | -29% | 25% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 98% | $710 | -1% | N/A | 2.9% |
| Unit | 27% | $550 | 5% | N/A | 5.1% |
Wynnum
Nominated by Peter Koulizos
| Population | Distance to capital | Main demographic |
| 14,036 | 14.9km | 50-54 years |
As you drive in from the north, Peter Koulizos said you can immediately sense the fishing village-type atmosphere in Wynnum, with the boats anchored in the creek.
“Wynnum has tranquil bayside living, urban convenience, offers excellent amenities, connectivity, and a vibrant atmosphere,” he said.
“Its coastal charm and growth potential make it an ideal choice for anyone seeking a balance between lifestyle and long-term capital growth.”
The suburb’s waterfront is a huge attraction, with a water park, tidal pool and mangrove boardwalk that’s used often by residents and visitors.
The area has plenty of Queenslander-style homes, adding to its seaside charm and presenting renovation opportunities for savvy homebuyers.
Mr Koulizos said Wynnum also had promising capital growth prospects due to its proximity to the water and its more expensive neighbour, Manly.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,300,000 | 35% | -4% | -12% |
| Unit | $725,000 | 14% | -13% | 13% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 135% | $680 | 8% | 1.2% | 3.3% |
| Unit | 58% | $550 | 0% | 1% | 4.2% |
South Australia
Andrews Farm
Nominated by Adrian Knowles
| Population | Distance to capital | Main demographic |
| 8699 | 28.7km | 30-34 |
Located in Adelaide’s northern suburbs, Andrews Farm has experienced significant capital growth recently.
However, properties remain affordable, with a median house price of just over half a million dollars attracting both owner occupiers and investors.
Stebonheath Park in the centre of the suburb provides a vast green space including, boardwalks, wetlands and barbecue facilities, while the expressway and train line at Smithfield provide access to the city.
Andrews Farm is popular with young families and is dominated by freestanding houses, with new estates planned and under construction in the suburb’s west.
A high proportion of residents rent, and Harcourts’ Adrian Knowles said the suburb’s high capital growth, high rental yield and low vacancy made it ideal for investors.
| Buy | Median price | Annual change | Supply | Demand |
| House | $560,000 | 20% | 2% | 24% |
| Unit | NA | NA | 24% | 41% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 114% | $550 | 10% | 0.9% | 4.2% |
| Unit | N/A | $500 | 11% | N/A | 4.7% |
Christies Beach
Nominated by Rich Harvey and Peter Koulizos
| Population | Distance to capital | Main demographic |
| 5,962 | 26.14km | 30-34 years |
Christies Beach is located just 30 minutes south of Adelaide's CBD via the Southern Expressway and is “a vibrant coastal suburb offering a relaxed beachside lifestyle with excellent connectivity” Rich Harvey said.
“Its sandy, clean beaches are a major drawcard, perfect for families and outdoor enthusiasts,” Mr Harvey said. “With the Noarlunga Hospital right next door, Christies Beach combines lifestyle with essential services, making it a practical and attractive option for many.”
Peter Koulizos said it was an “undervalued” seaside suburb, particularly compared with beach suburbs in other parts of the country.
“Christies Beach offers coastal living, affordability, family-friendly amenities, and excellent connectivity,” Mr Koulizos said. “Its proximity to nature, urban conveniences and the world-famous McLaren Vale wine region make it a great place to work, live and play.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $700,000 | 20% | 2% | 24% |
| Unit | $550,000 | 5% | 24% | 41% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 115% | $550 | 10% | 0.9% | 4.2% |
| Unit | 64% | $500 | 11% | N/A | 4.7% |
Hillcrest
Nominated by Rich Harvey
| Population | Distance to capital | Main demographic |
| 3659 | 8.2km | 35-39 |
Hillcrest, a thriving Adelaide suburb northeast of the CBD, is well-placed for further growth, according to Rich Harvey.
“Known for its leafy streets and well-established character, Hillcrest stands out as a family-friendly suburb with easy access to shopping hubs, parks, and public transport,” he said.
“The suburb is experiencing a wave of gentrification, driven by new housing developments and infrastructure upgrades.”
“These changes have contributed to steady property price growth, as more buyers recognise the value of Hillcrest as a well-connected, affordable alternative to inner-city living.”
The suburb caters to a range of buyers, with most of the housing stock comprising traditional post-war bungalows and modern townhouses.
“Renovated family homes and newly constructed properties are particularly prominent, attracting young professionals, growing families, and savvy investors,” Mr Harvey said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $788,000 | 16% | -2% | -25% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 89% | $623 | 11% | N/A | 4.3% |
| Unit | N/A | N/A | N/A | N/A | N/A |
Largs North
Nominated by Peter Koulizos
| Population | Distance to capital | Main demographic |
| 4005 | 15.5km | 30-34 |
Well-placed for capital growth due to its location by the beach and near a major upcoming defence project, Largs North in Adelaide’s north west offers buyers an affordable alternative to pricier coastal suburbs, according to Peter Koulizos.
“Largs North combines the best of both worlds: affordable living near the coast with easy access to the city and major amenities,” he said.
“The variety of housing options, easy access to transport, and access to recreational spaces make it an attractive choice for first-time buyers, families, and investors.”
Mr Koulizos said there was great potential for capital growth in the suburb, given ongoing development in nearby Port Adelaide and the expansion of Australia’s fledgling submarine industry based in Osborne.
“The significant increase in defense work in relation to the construction of the new submarines in neighbouring Osborne will place upward pressure on property prices and rents,” he said.
“Whether you’re drawn to the beach lifestyle, the convenience of suburban living, or the potential for long-term growth, Largs North is a very appealing option.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $808,000 | 22% | 25% | 38% |
| Unit | N/A | N/A | -9% | -10% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 109% | $585 | 6% | N/A | 4.1% |
| Unit | N/A | $450 | 13% | N/A | 5.2% |
Morphett Vale
Nominated by Bianca Denham and Kate Hill
| Population | Distance to capital | Main demographic |
| 24,002 | 21.80km | 25-29 years |
Set inland from the coast in Adelaide’s southern suburbs, Morphett Vale has easy access to the CBD via Main South Road.
The family friendly suburb features mostly single-level houses on quiet streets – many of them cul de sacs. A network of creeks run through Morphett Vale, some leading to one of the many parks – including the expansive Wilfred Taylor Reserve.
“Morphett Vale also boasts a strong sense of community, with various events and activities that foster connections among residents,” Bianca Denham said. “It offers a diverse range of housing options, making it ideal for first-time buyers and investors.”
Morphett Vale is an attractive suburb in Adelaide, known for its affordability and family-friendly environment. It offers a diverse range of housing options, making it ideal for first-time buyers and investors. Morphett Vale also boasts a strong sense of community, with various events and activities that foster connections among residents. With ongoing infrastructure developments, it presents great potential for future growth, making it a smart choice for homebuyers. Houses in Morphett Vale - East have risen 17% to a median of $661,000 this year.
Kate Hill said the suburb sits within the popular tourist and wine region of Onkaparinga which is set to grow extensively in coming years.
“Over the next 20 years, the region is expected to receive an influx of 48,000 additional residents, making it one of Adelaide’s strongest growth areas,” she said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $650,000 | 19% | 8% | 35% |
| Unit | $510,000 | 21% | 11% | -9% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 125% | $540 | 10% | 1.5% | 4.6% |
| Unit | 107% | $435 | 9% | N/A | 4.8% |
Mount Barker
Nominated by Bianca Denham
| Population | Distance to capital | Main demographic |
| 18,330 | 28.4km | 25-29 years |
Situated just a 10-minute drive from the picturesque village of Hahndorf, Mount Barker is the largest town in the Adelaide Hills, and one of the fastest growing towns in the country.
Houses in Mount Barker and its surrounding areas have experienced a significant price growth over the past year, according to Bianca Denham.
“This growth reflects the suburb's popularity among families and professionals, thanks to its vibrant community, access to amenities, and beautiful natural landscapes,” Ms Denham said.
“As the region continues to develop, Mount Barker remains an appealing choice for homebuyers and investors alike.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $685,000 | 11% | 0% | 12% |
| Unit | $555,888 | 19% | 13% | 16% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 77% | $550 | 6% | N/A | 4.6% |
| Unit | 102% | $480 | 12% | N/A | 4.7% |
Munno Para West
Nominated by Jess Ellam
| Population | Distance to capital | Main demographic |
| 7577 | 30.5km | 25-29 |
Munno Para West offers buyers an affordable entry point to Adelaide’s booming northern suburbs.
The suburb’s recently built homes and access to Adelaide via the Northern Expressway make it a popular option for young families, according to Jess Ellam.
“Munno Para West is popular for its budget-friendly homes, drawing in first-home buyers and investors,” she said.
“The suburb boasts growing infrastructure, with new shopping centres and schools adding convenience.”
Adelaide’s north is earmarked for further industrial development, supporting jobs in industries such as defence and manufacturing.
“Strong rental yields and rapid population growth make it a desirable investment area,” Ms Ellam said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $585,000 | 24% | 19% | 17% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 114% | $525 | 11% | 2.8% | 4.9% |
| Unit | N/A | $500 | 27% | N/A | 5.9% |
Murray Bridge
Nominated by Jess Elam
| Population | Distance to capital | Main demographic |
| 15,043 | 64.9km | 25-29 years |
Sitting on the banks of the Murray River, about 1-hour drive from Adelaide, Murray Bridge is in the traditional lands of the Ngarrindjeri people.
Taking its current name in 1924 from the road and rail bridge over the river, today the city “stands out for its affordability, offering great value for buyers on a budget,” according to Jess Elam.
“It has comprehensive amenities, including schools, shops, and healthcare, making it convenient for families.
‘Situated along the Murray River, it offers a semi-rural lifestyle within an hour’s commute to Adelaide. Strong rental demand and infrastructure improvements contribute to its solid investment prospects,” Ms Elam said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $467,500 | 20% | -11% | 55% |
| Unit | $370,000 | 31% | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 103% | $450 | 8% | 1.2% | 5.3% |
| Unit | 114% | $330 | 26% | N/A | 5.4% |
Port Lincoln
Nominated by Simon Pressley
| Population | Distance to capital | Main demographic |
| 14,458 | 251.5 | 60-64 years |
Famous for its fishing industry and its claim to be Australia’s “Seafood Capital”, the coastal city of Port Lincoln is a “popular holiday destination for South Australians and is home to the largest commercial fishing fleet in the country,” according to Simon Pressley.
With a population nearing 15,000 people, Port Lincoln is often touted as having more millionaires per capita than any other Australian city, yet standard homes remain relatively affordable.
“With the current volume of properties listed for sale being only one third of normal levels, the already strong local property market is likely to get even hotter in 2025,” Mr Pressley said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $470,000 | 15% | -3% | 27% |
| Unit | $382,250 | 14% | -30% | -3% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 57% | $450 | 2% | 2.6% | 5.4% |
| Unit | 50% | $365 | 1% | N/A | 4.9% |
Seacliff
Nominated by Matthew Tiller
| Population | Distance to capital | Main demographic |
| 2,117 | 13.6km | 60-64 years |
Adelaide suburb Seacliff’s coastal location and good transport links make it a very desirable suburb for buyers in all demographics to consider and a firm favourite for this year’s list.
Matthew Tiller said Seacliff, located just 13km from central Adelaide, benefits from a combination of solid demand and a low supply of new homes.
“Combined with strong lifestyle appeal, it ensures ongoing price growth,” Mr Tiller added.
Seacliff is home to several heritage listed locations and offers residents easy access to a range of water-based recreational opportunities. This includes swimming, surfing, snorkeling, fishing and boating along Seacliff’s 1km stretch of beach.
The small beachside suburb has a Surf Life Saving Club, yacht club, cafes, restaurants, and a primary school, and several parks.
Transport opportunities in the suburb are also plenty, with residents benefitting from the Seacliff Railway Station and its direct train to the Adelaide CBD.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,561,000 | 36% | -17% | -20% |
| Unit | $620,000 | 14% | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 125% | -3% | -3% | 2.9% | 5.4% |
| Unit | 114% | 8% | 8% | 4.5% | 4.9% |
Semaphore Park
Nominated by Peter Koulizos
| Population | Distance to capital | Main demographic |
| 4541 | 13.8 | 60-64 |
For buyers searching for an affordable beachside property in Adelaide, Semaphore Park offers a strong balance of lifestyle, convenience, and value, according to Peter Koulizos.
“Semaphore Park is a great place for those seeking the benefits of beachside living, without the higher price tags of the more established beach suburbs like Glenelg and Tennyson,” he said.
“The combination of affordable housing, a relaxed atmosphere, close proximity to amenities, strong transport links, and a community-focused environment makes it an appealing option for families, professionals, and retirees.”
A nearby train station at Ethelton makes getting to the city a breeze, while major shopping centres at West Lakes and Port Adelaide are a short drive away.
The suburb also has very good capital growth potential, Mr Koulizos said, owing to its proximity to the beach.
| Buy | Median price | Annual change | Supply | Demand |
| House | $935,000 | 21% | 43% | 20% |
| Unit | $635,000 | 27% | 6% | 14% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 110% | $600 | 7% | N/A | 3.8% |
| Unit | 102% | $493 | 5% | N/A | 4.3% |
Sheidow Park
Nominated by Kate Hill
| Population | Distance to capital | Main demographic |
| 6,731 | 17.4km | 45-49 years |
Sheidow Park in Adelaide’s west is set to boom thanks to strong infrastructure plans, Kate Hill said.
A total of $2bn worth of investment in the Tonsley precinct, the $1.5 billion Flinders Village, a new teaching hospital and a university campus, and major transport projects are all set to be of direct benefit to residents.
“Transport projects are improving the connectivity between freight hubs and sea ports, creating further opportunities for business,” Ms Hill said.
Sheidow Park, once semi-rural, is a fairly new suburb and has had progressive residential development since the 1990s.
Ms Hill said it’s mix of strong population growth and affordable homes secures the suburb a place on this year’s list.
Sheidow Park is home to three primary schools and is within close reach of popular tourism regions, the coast, and a major shopping centre in neighbouring Hallet Cove.
| Buy | Median price | Annual change | Supply | Demand |
| House | $800,000 | 14% | -27% | -22% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 99% | 2% | N/A | 4.4% | 3.8% |
| Unit | N/A | N/A | N/A | N/A | 4.3% |
Underdale
Nominated by Peter Koulizos
| Population | Distance to capital | Main demographic |
| 2429 | 4.9km | 35-39 |
Sandwiched between more expensive suburbs and less than 5km from the CBD, Underdale in Adelaide’s western suburbs is undervalued, according to Peter Koulizos.
“Underdale is close to Adelaide's urban amenities and offers a quieter, more suburban feel,” Mr Koulizos said.
“It's also an area where you can expect steady growth, making it a solid choice for homebuyers and investors alike.”
While newer homes can be found in the north of the largely residential suburb bordering the River Torrens, most properties are older period homes, which Mr Koulizos said are ripe for renovation to add value.
“With good public transport, access to parks and green spaces, affordability, and a family-friendly atmosphere, it appeals to a wide range of people – young professionals, families, and retirees,” he said.
“It is particularly appealing to people who prefer a suburb with a more traditional, family-oriented atmosphere, rather than a transient, high-density urban environment.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $970,000 | 11% | -14% | 0% |
| Unit | N/A | N/A | -17% | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 86% | $633 | 5% | N/A | 3.9% |
| Unit | N/A | $440 | 0% | N/A | 4.7% |
Western Australia
Bassendean
Nominated by Matthew Hughes
| Population | Distance to capital | Main demographic |
| 10,837 | 9.68km | 35-39 years |
Teaming with federation homes and set on the Swan River, Bassendean has a certain beauty about it.
The historic suburb was first named West Guilford by British settlers in 1829 and was re-named Bassendean in 1922. It is located on the traditional lands of the Whadjuk Noongar people.
In recent years, new housing and apartments have been built in the suburb, giving it an ideal mixed-density property landscape.
“Its residents include long-time locals, young families, and creative professionals drawn to its unique mix of character homes and contemporary housing developments,” REBBA WA state representative Matthew Hughes said.
“The real estate market features everything from charming weatherboard homes and federation-style properties to modern apartments catering to first-home buyers and downsizers.”
The suburb is also somewhat of a creative hub, perhaps dating back to the ’90s when the Bassendean Oval used to host The Big Day Out musical festival among other large-scale performances. It was the subject of a recent independent film by former resident Tim Barretto called ‘Bassendream’ which was nominated for an ACCTA Award in 2022.
“The suburb boasts an active arts scene, with galleries and cultural events contributing to its dynamic atmosphere,” Mr Hughes said.
It’s also the home of the WA Railway Museum, and its connectivity both by rail and car to the city is already good and set to get better, Mr Hughes said.
“The Tonkin Highway upgrades have streamlined travel, and the upcoming development of mixed-use precincts around the Bassendean Train Station promises further vibrancy and gentrification.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $785,000 | 15% | 8% | 24% |
| Unit | $410,000 | 42% | 5% | 61% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 38% | $675 | 13% | N/A | 4.3% |
| Unit | 17% | $530 | 18% | N/A | 6.3% |
Bayswater
Nominated by Matthew Hughes
| Population | Distance to capital | Main demographic |
| 15,288 | 6.85km | 30-34 years |
Though it neighbours another suburb on the list, Bayswater is surprisingly different from sister-burb Bassendean.
It also has historic homes, but unlike Bassendean, many homes in Bayswater were built on large blocks in the ’60s and ’70s which are now making way for subdivided new homes. Of the WA suburbs on this list, Bayswater has the second-highest level of supply for both houses and units.
“The Bayswater Train Station recently underwent significant redevelopment as part of the Metronet project, transforming the area into a key transport hub. This upgrade has fuelled increased interest from investors and first-home buyers looking for convenient, well-connected living,” Matthew Hughes said.
“The suburb offers a strong sense of community, with local cafes, boutique shops, and cultural events bringing residents together. The nearby Swan River and riverside parks, such as Riverside Gardens, provide excellent recreational opportunities, while the suburb’s proximity to major schools and shopping centres adds further appeal.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $897,500 | 20% | 8% | 24% |
| Unit | $410,00 | 42% | 5% | 61% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 38% | $675 | 13% | N/A | 4.3% |
| Unit | 17% | $530 | 18% | N/A | 6.3% |
Broome
Nominated by Bianca Denham
| Population | Distance to capital | Main demographic |
| 3,797 | 1683.97km | 30-34 years |
It’s one of Australia’s most iconic tourist destinations, and is increasingly attracting not only holidaymakers, but permanent residents. The town of Broome’s population increased by about 5% between 2016 and 2021 according to Census data.
“Broome is an exceptional place to live and buy due to its stunning natural beauty, rich cultural heritage, and relaxed lifestyle,” Bianca Denham said.
The town encompasses the suburb of Broome and other surrounding suburbs including Cable Beach, named for its famous oceanfront.
“Residents enjoy pristine sands and breathtaking sunsets. The town boasts a diverse community, vibrant local markets, and a strong sense of connection to Indigenous culture. With a growing economy driven by tourism, agriculture, and mining, Broome offers investment opportunities alongside a laid-back lifestyle,” Ms Denham said.
“It’s warm climate, outdoor activities, and unique attractions make it an ideal choice for families and retirees seeking a balanced lifestyle in a picturesque setting.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $772,500 | 27% | 2% | 3% |
| Unit | $459,000 | 12% | -25% | 24% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 40% | $800 | -11% | N/A | 7.3% |
| Unit | N/A | $550 | -17% | N/A | 7.7% |
Busselton
Nominated by Simon Pressley and Matthew Tiller
| Population | Distance to capital | Main demographic |
| 1,838 | 195.29km | 70-74 years |
On the door step of WA’s famed Margaret River wine region and a short drive from arguably some of the best surf beaches in the country, Bussleton has long-been a popular holiday destination.
The larger town of Bussleton takes in six suburbs including its namesake, which is part city-centre and part residential.
“If gold medals were awarded for lifestyle quality, Busselton would be the clear winner in WA,” Simon Pressley said. “Over the last 5-years, and broadly across the last 2-decades, the property market in Busselton has outperformed the state’s capital city, Perth.”
Matthew Tiller said the recent upgrades to the Busselton-Margaret River Airport has seen the area gain more popularity.
“Busselton is emerging as a lifestyle hotspot,” Mr Tiller said. “Its pristine beaches, holiday-rental potential and growing local population has led to elevated buyer demand and make it an attractive market for lifestyle and investment properties.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $787,500 | 16% | 6% | 8% |
| Unit | $607,000 | 10% | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 68% | $620 | 3% | N/A | 4.2% |
| Unit | N/A | $650 | 23% | N/A | 4.7% |
East Victoria Park
Nominated by Peter Koulizos and Matthew Tiller
| Population | Distance to capital | Main demographic |
| 10,569 | 5.93km | 25-29 years and 30-34 years |
Known as “East Vic Park” to locals, this inner-south Perth suburb is one of the city’s oldest and is home to landmark buildings including Edward Millen House. The traditional owners of the land are the The Whadjuk Noongar people, who have had ties to the area for at least 45,000 years.
“East Victoria Park is quite a rarity in Perth as many of its homes were built early last century. Unlike cities such as Melbourne, Sydney and Adelaide, Perth has very few suburbs that are full of older period-style homes. This suburb combines the best of urban convenience and suburban charm,” Peter Koulizos said.
Good schools, ample green space and daycare centres also make it popular with families.
“East Victoria Park’s café culture, proximity to Perth’s CBD via the Armadale train line, and urban renewal projects are driving consistent price growth,” Matthew Tiller said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $890,750 | 15% | -10% | 59% |
| Unit | $495,000 | 24% | 15% | 67% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 35% | $675 | 8% | N/A | 4.5% |
| Unit | 2% | $580 | 16% | N/A | 7% |
Edgewater
Nominated by Matthew Hughes
| Population | Distance to capital | Main demographic |
| 4,657 | 22.48km | 30-34 years |
As its name suggests, Edgewater sits on the edge of the waters of Lake Joondalup, and benefits from the amenities of its larger neighbour to the north.
It has large homes on quiet cul de sacs atop a landscape just undulating to give glimpses of the lake.
“Buyers are often attracted to the area for its affordability compared to nearby suburbs, with a mix of established homes, modern renovations, and occasional new builds, as redevelopment or infill development via a small pocket of medium density zoning that exists around the Edgewater train station,” Matthew Hughes said.
Within the suburb there is a primary school and a high school and multiple parks, but otherwise it’s almost exclusively residential.
“It has very close proximity to Joondalup city centre and Edith Cowan University, the train station and freeway access are very nearby,” Mr Hughes said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $841,000 | 23% | -19% | 33% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 50% | $650 | 11% | N/A | 4.6% |
| Unit | N/A | N/A | N/A | N/A | N/A |
Geraldton
Nominated by Simon Pressley and Bianca Denham
| Population | Distance to capital | Main demographic |
| 3,246 | 373.30km | 60-64 years |
The regional town of Geraldton takes in more than 10 suburbs surrounding its namesake city-centre and is home to about 32,000 people.
“Geraldton is WA’s biggest city north of Perth, is a beautiful 4-hour drive along the coast and has a very affordable median house price,” Simon Pressley said.
The suburb Geraldton sits at the town’s heart and has a mixture of older-style weatherboard homes and newer brick houses. There are also a good number of vacant blocks on the market.
Bianca Denham said Geraldton combined a “relaxed, coastal lifestyle” with a thriving economy.
“Geraldton is an attractive place to live and buy due to its stunning coastline, vibrant community, and affordable housing,” Ms Denham said.
Mr Pressley said the mixture of good exported from the suburb’s port was “reflective of its economic profile”.
“Lamb, beef, wheat, canola, gold, iron ore, rock lobster – it’s the world’s biggest producer – kingfish, octopus, oysters, craft beers and cruise ships full of tourists,” he said. “Seagulls fighting over a chip is an appropriate analogy for the seriously hot conditions that Geraldton’s property market will experience in 2025.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $405,000 | 21% | 15% | 50% |
| Unit | $274,500 | 57% | -11% | 92% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 17% | $465 | 16% | N/A | 6.1% |
| Unit | -16% | $280 | 8% | N/A | 7.6% |
Mandurah
Nominated by Adrian Knowles
| Population | Distance to capital | Main demographic |
| 8,804 | 66.05km | 50-54 years |
The popular tourist town turned second-largest city in WA has grown exponentially in the past two decades.
With the opening of the Perth to Mandurah train-line in 2007, the population steadily increased from about 55,000 people in 2006 to more than 90,000 in 2021, according to Census data.
Mandurah the suburb is a much smaller area, home to about 8,800 people and essentially the CBD of the larger city.
Single level brick homes and vacant blocks are common in the market, along with upscale units on the waterfront.
It’s popular with retirees from Perth, Adrian Knowles said, thanks to its attractive coastal lifestyle.
“Mandurah has firmly established itself as a first-class sea-change destination. Its unit price increase points to a suburb heating up,” Mr Knowles said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $526,000 | 31% | -9% | 23% |
| Unit | $432,500 | 35% | -15% | 18% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 55% | $520 | 16% | 0.9% | 5.4% |
| Unit | 24% | $460 | 10% | 1.4% | 6.1% |
Mount Lawley
Nominated by Nick Boyd
| Population | Distance to capital | Main demographic |
| 11,328 | 2.13km | 25-29 years and 30-34 years |
One of Perth’s most sought-after suburbs, Mt Lawley’s bustling nightlife, historic homes and location a stone’s throw from the city, make it a strong choice for those who can get a foot in.
Though prices have increased substantially in the past year, the median unit price was just $455,000 while the rental yield is strong at 6.3%.
Belle Property chief executive Nick Boyd said most people buying in the area wanted to live there, particularly due to its proximity to top schools including Perth College, Mercedes College and Trinity College.
“Mount Lawley is a distinguished suburb known for its affluence and strong family appeal, making it favourite for homeowners,” Mr Boyd said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,600,000 | 25% | 2% | 46% |
| Unit | $455,000 | 16% | -4% | 31% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 43% | $800 | 4% | N/A | 3.3% |
| Unit | 2% | $550 | 17% | 0.6% | 6.3% |
Scarborough
Nominated by Matthew Hughes
| Population | Distance to capital | Main demographic |
| 17,605 | 11.70km | 30-34 years |
One of Perth’s most popular coastal suburbs, Scarborough has long been a draw card for both local and visiting beach goers.
The suburb has played host to the Australian Surf Life Saving Championships many times, most recently in 2023.
It’s also home to a number of Perth landmarks, including the former Observation City Hotel – now called the Rendezvous Hotel, the heritage-listed Rotary Clock Tower of Scarborough Beach, the former site of Luna Park, now Luna Maxi Mart Shopping Centre and the popular Peters by the Sea restaurant.
But alongside its history sit new developments and a rejuvenated foreshore, attracting a younger demographic to the suburb, REEBA WA state representative Matthew Hughes said.
Today it is a bustling hub with a shopping centre, cafes, pubs and restaurants along Albany Highway, but its back streets retain many of its historic homes.
“The recent development of luxury apartment complexes has brought a wave of younger professionals and investors into the area,” Mr Hughes said.
“The suburb has benefited from significant infrastructure investment, including the Scarborough Beach Redevelopment Project, which added new promenades, a public swimming pool, and upgraded facilities to its iconic beach.”
The beach-side restaurants and bars are bustling, but there are also new happening pockets with trendy bars, cafes and shops a little further from the shore.
“Schools and family-friendly parks also make it suitable for raising children, while its proximity to the Perth CBD ensures Scarborough remains one of the most desirable coastal suburbs in the metro area,” Mr Hughes said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,225,000 | 29% | -7% | 54% |
| Unit | $646,000 | 15% | -4% | 53% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 54% | $825 | 10% | N/A | 4.1% |
| Unit | 21% | $650 | 13% | N/A | 5.4% |
West Leederville
Nominated by Bianca Denham
| Population | Distance to capital | Main demographic |
| 4,340 | 3.11km | 30-34 years |
Nestled between fellow nominated suburbs Leederville and Wembley, West Leederville offers the best of both, with great cafes and restaurants and close proximity to popular schools.
It includes part of Lake Monger Reserve, has two train stations on its border (Leederville and West Leederville) and neighbours St John of God Subiaco Hospital.
Though its just 3km from the city, the suburb is somewhat tucked away from the hustle and bustle, Bianca Denham said.
“It has a perfect blend of urban living and suburban tranquillity … ideal for families and young professionals alike.”
Its picturesque back streets are filled with renovated heritage homes, while main drag Cambridge Street has new apartment developments and older, villa-style units.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,500,000 | 3% | -1% | 16% |
| Unit | $462,500 | -8% | 3.3% | 18% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 42% | $900 | 6% | N/A | 3.3% |
| Unit | 11% | $523 | 9% | N/A | 6.5% |
Australian Capital Territory
Campbell
Nominated by Claire Corby
| Population | Distance to capital | Main demographic |
| 6564 | 2.3km | 20-24 |
Just a stone’s throw from the centre of Canberra, Campbell is one of the city’s priciest suburbs, albeit not quite as expensive as suburbs like Forrest, Yarralumla and Red Hill.
But according to Claire Corby, it’s a top pick for buyers, owing partly to its proximity to the CBD and peaceful, tree-lined streets.
“Campbell is a gem hiding in plain sight,” Ms Corby said. “It offers easy access to the city, hiking trails up Mt Ainslie, a broad choice within the suburb across fine dining or cafés, and leafy streets that are whisper quiet.
“With a choice of schooling from the in-demand public primary and high schools, a Catholic primary school plus a Canberra Grammar junior campus, it’s a lifestyle suburb without the price tag of the Inner South.”
About 40% of Campbell residents work in defence, with the Royal Military College, Duntroon, The Australian Defence Force Academy and the Australian War Memorial all found within the suburb.
Half of properties in Campbell are freestanding houses, with the balance made up of newer apartments in the suburb’s south west, as well as semi-detached homes.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,750,000 | 4% | 39% | -26% |
| Unit | $666,250 | 29% | 41% | -16% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 113% | $920 | 5% | N/A | 2.7% |
| Unit | N/A | $605 | -2% | N/A | 5% |
Griffith
Nominated by Claire Corby
| Population | Distance to capital | Main demographic |
| 5328 | 4.7km | 25-29 |
One of Canberra’s oldest suburbs, Griffith also gets the nod from Ms Corby thanks to its supply of increasingly scarce pre-war homes and inner-city position.
“The suburb of Griffith is at the top end of suburban living, with easy access to walk to boutique shopping and dining nearby,” she said.
While Griffith is one of just five Canberra suburbs with a median house price above $2 million, units are much more affordable and are typically priced at around the $600,000 mark.
A little over half of properties in the suburb are apartments, with new developments concentrated in the suburb’s north west.
“Being in-zone for popular public schooling, or choice of private schooling at its fringes, Griffith is seeing an influx of high-end building works in its streets but also across the commercial precinct of Manuka,” Ms Corby said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $2,125,000 | -9% | -14% | -19% |
| Unit | $614,500 | -7% | 14% | -6% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 97% | $1,100 | 29% | N/A | 2.7% |
| Unit | 37% | $595 | 4% | N/A | 5.1% |
Kambah
Nominated by Mathew Tiller
| Population | Distance to capital | Main demographic |
| 15,670 | 13.4km | 45-49 |
Located on Canberra’s south western fringe, Kambah is the city’s largest suburb by area at 11.3 square kilometres in size, and is also one of its most tightly-held, with homeowners typically staying put for about 13 years.
With property prices more affordable than the city overall, it’s a popular option for buyers seeking value for money and easy access to surrounding nature reserves.
But according to LJ Hooker’s Mathew Tiller, that demand is set to push prices higher.
“Kambah is a well-established suburb popular with families due to its large block sizes, good schools, and proximity to the Tuggeranong Parkway, offering quick access to the city,” he said.
“Property prices are expected to grow steadily as demand remains strong, and recent investments in local recreational facilities and Kambah Village add to the suburb’s appeal.”
| Buy | Median price | Annual change | Supply | Demand |
| House | $850,000 | 1% | 13% | 3% |
| Unit | $582,500 | -2% | 3% | 1% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 84% | $650 | 0% | N/A | 4.2% |
| Unit | 63% | $565 | 6% | N/A | 4.8% |
Wright
Nominated by Mathew Tiller
| Population | Distance to capital | Main demographic |
| 3808 | 9.8km | 30-34 |
Wright was one of the first suburbs to be developed in the Molonglo Valley, a district in Canberra’s west stretching between Weston Creek and Belconnen.
The suburb offers buyers a mix of recently-built houses and apartments with close proximity to natural attractions including the cycling and running tracks of Stromlo Forest Park and the National Arboretum, home to more than 44,000 rare and endangered trees.
Property price growth will be supported by further development planned in the area, according to Mr Tiller.
“With the John Gorton Drive extension improving access to Woden and Canberra’s CBD, and new schools and shops planned, the suburb is well-placed for future capital growth,” he said.
Future suburbs are planned in the north of the district, while a proposed light rail line would connect Molonglo Valley surrounding districts and the city.
| Buy | Median price | Annual change | Supply | Demand |
| House | $1,160,000 | -3% | 6% | -17% |
| Unit | $490,000 | 11% | 19% | -27% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 108% | $900 | % | N/A | 4.2% |
| Unit | 29% | $560 | % | 2.1% | 5.6% |
Tasmania
Bellerive
Nominated by Samantha Spilsbury
| Population | Distance to capital | Main demographic |
| 4,945 | 3.54km | 30-34 years |
Very close to Hobart's CBD Bellerive has seen strong growth in the past decade, thanks in part to the redevelopment of the Bellerive Oval (now called Ninja Stadium) to host AFL games.
Large homes with luxury features and sweeping views of the River Derwent are common in the area, as are units and apartments close to the beach.
"Just an 11-minute drive from Hobart's CBD, Bellerive offers a stunning waterfront outlook and easy access to Bellerive Beach," Samantha Spilsbury said. "The suburb also boasts convenient connections to the Derwent Ferries, with regular services taking just 40 minutes to reach the city and return."
| Buy | Median price | Annual change | Supply | Demand |
| House | $841,250 | -4% | 11% | -5% |
| Unit | $565,000 | -10% | 10% | 30% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 113% | $600 | 3% | N/A | 3.8% |
| Unit | 88% | $463 | 3% | N/A | 4.7% |
Devonport
Nominated by Matthew Tiller and Samantha Spilsbury
| Population | Distance to capital | Main demographic |
| 14,481 | 205.97km | 25-29 years |
The third largest city on the Apple Isle, Devonport is set to grow with the development of the new Spirit of Tasmania terminal, REEBA Tasmania state representative Samantha Spilsbury said.
"The new Spirit of Tasmania terminal, slated for completion in early 2026, is driving local employment opportunities and infrastructure improvements. Once finished, the terminal will accommodate larger vessels with increased capacity, further boosting Devonport's connectivity and appeal," Ms Spilsbury said.
The affordable suburb of Devonport encompasses most of the larger town of the same name, and has a growing tourism industry, Matthew Tiller said.
"Also infrastructure projects like the Living City redevelopment is driving housing demand. Affordable property prices and strong rental potential make it a key area for investors," he said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $472,250 | 3% | 1% | 19% |
| Unit | $396,000 | 2% | 28% | 9% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 110% | $425 | 1% | N/A | 4.9% |
| Unit | 74% | $350 | 0% | N/A | 4.9% |
Glenorchy
Nominated by Samantha Spilsbury
| Population | Distance to capital | Main demographic |
| 12,013 | 6.86km | 25-29 years |
Not too far from Hobart's famed Museum of Old and New Art – known as MONA – Glenorchy is as well located as it is affordable.
It offers substantial rental yields for both houses and units, a median house price of less than $560,000 and strong 10-year price growth, Samantha Spilsbury said.
"Located just 13 minutes from Hobart, Glenorchy is one of the most affordable suburbs in the surrounding area," she said. "These factors make Glenorchy an appealing choice for investors, with approximately 45% of homes in the suburb currently occupied by renters."
| Buy | Median price | Annual change | Supply | Demand |
| House | $557,500 | -2% | -7% | -7% |
| Unit | $435,000 | -5% | -2% | -3% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 129% | $540 | 0% | N/A | 5.1% |
| Unit | 129% | $440 | -2% | N/A | 5.4% |
Kingston
Nominated by Rich Harvey and Matthew Tiller
| Population | Distance to capital | Main demographic |
| 12,288 | 10.48km | 25-29 years |
Just 10 minutes from Hobart city centre, but far enough away to be peaceful and family-friendly, the growing suburb of Kingston was nominated twice this year.
"Known as the gateway to the D'Entrecasteaux Channel region, Kingston boasts picturesque landscapes and a tranquil setting, making it an attractive destination for families and individuals seeking a balanced lifestyle," Rich Harvey said.
"The suburb predominantly features detached houses, ranging from traditional family homes to modern designs, catering to a wide range of buyers. The area's family-friendly environment, coupled with its proximity to Hobart, makes it particularly appealing to families and individuals seeking a suburban lifestyle with easy access to urban amenities."
Matthew Tiller said the suburb also had a growing retail sector.
"Including the Channel Court Shopping Centre, it’s becoming a popular choice for families and property growth."
| Buy | Median price | Annual change | Supply | Demand |
| House | $740,500 | 1% | 8% | 15% |
| Unit | $585,000 | -3% | 6% | -17% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 97% | $600 | 1% | N/A | 4.4% |
| Unit | 113% | $495 | 0% | N/A | 4.6% |
Launceston
Nominated by Matthew Tiller
| Population | Distance to capital | Main demographic |
| 3,110 | 161.46km | 25-29 years |
The largest city in northern Tassie and one of the oldest in the country post-European settlement, Launceston – or Launnie as locals call it – is famed for its historic and natural beauty. It has been home to the Aboriginal people of Kanamuluka for tens of thousands of years.
The suburb of Launceston within its namesake larger town is home to historic terrace homes, larger weatherboard houses and a handful of newer units.
"Launceston is a mix of historic charm and modern development, with projects like the University of Tasmania’s Inveresk Campus redevelopment creating new jobs. Launceston offers affordable housing, strong rental yield and steady price appreciation," Matthew Tiller said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $800,000 | 18% | 18% | 11% |
| Unit | $450,000 | -1% | 11% | 8% |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | $800,000 | 18% | 18% | 11% | 4.4% |
| Unit | $450,000 | -1% | 11% | 8% | 4.6% |
Northern Territory
Braitling
Nominated by Mathew Tiller
| Population | Distance to capital | Main demographic |
| 3160 | 1288km | 30-34 |
For investors seeking freestanding houses under $500,000 and rental yields above 6%, Braitling in Alice Spring’s north delivers.
While the suburb is largely residential, it features a supermarket and Bunnings and is about a five-minute drive to the centre of town.
LJ Hooker’s Mathew Tiller said Braitling offers investors strong rental yields thanks to demand from transient workers in tourism and government roles.
“Proximity to key amenities like Alice Springs Hospital and Charles Darwin University adds to its appeal, particularly as tourism picks up,” he said.
| Buy | Median price | Annual change | Supply | Demand |
| House | $455,000 | -7% | 20% | 25% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10 year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | 6% | $580 | 0% | N/A | 6.6% |
| Unit | N/A | $440 | 1% | N/A | 6.8% |
Howard Springs
Nominated by Bianca Denham
| Population | Distance to capital | Main demographic |
| 3153 | 20km | 50-54 |
Howard Springs, a semi-rural suburb located just outside Darwin near Palmerston, was nominated by Ray White’s Bianca Denham for its balance of peaceful lifestyle and city convenience.
The vast majority of properties in Howard Springs are freestanding houses on large blocks, typically more than one hectare in size.
“Known for its spacious properties and tropical landscape, it's perfect for those seeking tranquillity and outdoor living,” Ms Denham said.
“The area has excellent schools, parks, and local amenities, making it popular with families.”
“Its proximity to Darwin and the growing Palmerston area also adds to its appeal as a great place to buy or invest.”
PropTrack data shows demand has surged in Howard Springs recently, with the number of views per property listing on realestate.com.au rising 44% over the 12 months to October 2024.
| Buy | Median price | Annual change | Supply | Demand |
| House | $770,000 | 8% | 8% | 25% |
| Unit | N/A | N/A | N/A | N/A |
| Invest | 10-year price growth | Annual change | Vacancy rate | Rental yield | Gross yield |
| House | N/A | $580 | 0% | N/A | N/A |
| Unit | N/A | N/A | N/A | N/A | N/A |
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