Hot 100 suburbs to watch in 2025: Expert predictions

21 hours ago 1

What do St Kilda East, Maroochydore, Enmore and Broome have in common? They’re all suburbs in the 2025 REA Group Hot 100.

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.

Jump ahead to see the Hot 100

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.

Jump to your state or territory

New South Wales

Which NSW suburbs made the Hot 100? Picture: Getty

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.   

Adamstown Heights has benefited from the ripple effect from the nearby affluent suburbs. Picture: realestate.com.au

“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. 

   BuyMedian   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 
House 130%   13%   1.0%   2.3%   
Unit 105%   7%     N/A3.4%   

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 
House 137%   2%     N/A3.4%   
Unit 131%   2%     N/A4.3%   

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 
House 122%   6%     N/A2.2%   
Unit 35%   9%     N/A3.9%   

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. 

Coffs Harbour's stunning beaches and national parks make it a desirable location Picture: Getty

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.  

BuyMedian   Change   Supply   Demand   
House   $800,000 7% -1% 14% 
Unit   $560,000 4% 11% 6% 
Invest10-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.  

BuyMedian   Change   Supply   Demand   
House   $1,872,500 0% 2% -14% 
Unit   $875,000 17% 11% 6% 
Invest10-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 
House 108%   4%   0.7%   2.8%   
Unit   23%     N/A2.5%   

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. 

Inverell's Historical Local Courthouse building. Picture: Getty

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.  

 BuyMedian   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 
House 99%   7%     N/A2.9%   
Unit 29%   14%   1.3%   6.2%   

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 
House 192%     2%       N/A2.6%   
Unit 120%   3%     N/A4.0%  

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.” 

Matraville presents good opportunities for those priced out of better-known eastern suburbs. Picture: Getty

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 
House 126%   4%     N/A3.0%   
Unit 34%   10%   1.2%   4.5%   

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 
House 130%   4%     N/A2.2%   
Unit 94%   7%     N/A3.4%  

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. Picture: Getty

“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.  

BuyMedian   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 
House 108%   7%   2.0%   3.3%   
Unit   -7%   N/A  4.5%   

Prestons   

Nominated by Kate Hill

Population Distance to capital Main demographic 
16,694 32.8km 10-14 years 

Located in the wider Liverpool area of Sydney, Prestons offers residents the chance to be part of a “long-term growth market” which already has the benefit of being home to five schools.   

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 
House 90%   6%     N/A3.6%   
Unit   12%     N/A4.7%   

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.

South Penrith is known for its family-friendly feel. Picture: Getty

“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 
House 99%   6%   0.9%   3.3%   
Unit 87%   8%    N/A4.1%   

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 
House 92%   -3%     N/A2.7%   
Unit 13%   -1%     N/A4.7%   

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
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest 10 year price growth Annual change Vacancy rate Rental yield 
House 100%   11%     N/A2.9%   
Unit   N/A-10%     N/A4.6%   
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Warrawong  

Nominated by Mathew Tiller   

Population   Distance to capital   Main demographic   
4,659 74.9km 25-29 years  

Travel about 7 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. 

Warrawong is a suburb of Wollongong. Picture: Getty

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.  

 BuyMedian   Change   Supply   Demand   
House   $787,000 9% -2% 14% 
Unit   N/A N/A 0% -7% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    147% $510 -6% N/A 3.8% 
Unit    N/A $370 -3% 2.5% 4.2% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest 10 year price growth Annual change Vacancy rate Rental yield 
House 99%   15%     N/A3.3%   
Unit   N/AN/A    N/A N/A
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Jump back to the top

Victoria

Which Victorian suburbs made the Hot 100? Picture: Getty

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. 

Bairnsdale boasts a strong arts scene and is close to the region’s wineries. Picture: realestate.com.au

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.  

 BuyMedian   Change   Supply   Demand   
House   $441,000 -5% 0% -8% 
Unit   $340,000 -3% -21% -12% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
 Invest10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    76% $450 1% N/A 5% 
Unit    66% $350 3% N/A 5.3% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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   Change   Supply   Demand   
House   $1,357,500 2% 3% -11% 
Unit   $810,000 -12% 11% -30% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    76% $650 18% 0.9% 2.6% 
Unit    38% $610 22% 3.4% 4.0% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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   Change   Supply   Demand   
House   $730,000 1% 7% 13% 
Unit   $600,000 0% 7% 6% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    47% $578 28% 1.9% 4.2% 
Unit    42% $520 16% N/A 4.7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.” 

Coburg has ease of access to the city via Sydney Road trams. Picture: realestate.com.au

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 66% $695 12% 0.7 3.1% 
Unit 27% $500 11% 0.8 5.1% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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   Change   Supply   Demand   
House   $657,725 1% 14% 6% 
Unit   $480,000 7% -12% -1% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    98% $505 10% 1.8% 4.1% 
Unit    85% $440 9% 1.1% 4.8% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Croydon 

Nominated by Charlotte Pascoe and Rich Harvey  

Population   Distance to capital   Main demographic   
28,608 28km 35-39 years  

Just under 30 kilometres east of Melbourne and well connected by rail and road, the family-friendly suburb of Croydon has Charlotte Pascoe and Rich Harvey united in touting its Hot 100 credentials.   

More affordable than some neighbouring areas, Ms Pascoe said its population is growing and is “attracting a mix of young families and professionals.” 

Croydon boasts strong investment prospects due to its “strong rental demand and potential for property value growth,” Ms Pascoe added, and its gentrification continued with a variety of cafes, restaurants, shopping options and “ongoing development and improvements in the area.” 

Rich Harvey predicted Croydon would achieve average capital growth of between 4-6% per annum over the next 10 years and cited its good connections to the city and ongoing improvements to infrastructure including Maroondah Highway and Ringwood rail upgrades, as further enhancing its appeal. 

“Over the years, Croydon has evolved from a suburban area into a more desirable residential location, benefiting from a combination of factors such as infrastructure improvements, an attractive lifestyle, and proximity to both nature and Melbourne’s amenities,” Mr Harvey said.  

“These factors make Croydon an appealing choice for homebuyers, investors, and families.  

“As the suburb continues to grow in popularity, it may also face increased competition for properties, particularly in the mid-range price bracket. This could result in higher price growth as demand outstrips supply in certain segments,” Mr Harvey added.  

Buy   Median   Change   Supply   Demand   
House   $906,250 3% 3% -1% 
Unit   $680,000 3% 12% -6% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest    10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    78% $600 9% N/A 3.6% 
Unit    69% $510 11% N/A 4.3% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.  

Ferntree Gully is in the foothills of Victoria's Dandenong Ranges. Picture: realestate.com.au

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   Change   Supply   Demand   
House   $885,000 -1% 6% -3% 
Unit   $670,000 -2% 14% -3% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    77% $590 13% 0.7% 3.6% 
Unit    63% $550 17% 0.8% 4.2% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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   Change   Supply   Demand   
House   $730,000 1% 4% 4% 
Unit   $510,000 7% 20% -1% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
 Invest   10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    97% $550 10% 0.6% 4.0% 
Unit    73% $450 7% 1.1% 4.8% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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   Change   Supply   Demand   
House   $865,000 -4% 16% -6% 
Unit   $490,000 1% 47% 23% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    88% $520 2% 0.7% 3.2% 
Unit    39% $415 -1% N/A 4.3% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Pakenham  

Nominated by Bianca Denham and Rich Harvey  

Population   Distance to capital   Main demographic   
54,118 54.2 30-34 years  

Located 54 kilometres to the south-east of Melbourne’s CBD, Pakenham has both Bianca Denham and Rich Harvey singing its praises in this year’s Hot 100.  

The suburb offers “a blend of modern amenities and a family-friendly atmosphere,” Ms Denham said. 

“With affordable housing, excellent schools, and extensive parks, it appeals to families and investors alike. Its proximity to public transport and shopping makes Pakenham a convenient choice for commuters,” she noted.   

Meanwhile, Rich Harvey highlighted Pakenham’s growth potential, infrastructure and transport improvements, high rental demand, and family-friendly lifestyle as among his reasons for the suburb’s inclusion. 

“While 2024 might show moderate price growth, the long-term capital growth potential for Pakenham is strong,” he said. 

“The suburb’s location, infrastructure upgrades, and lifestyle appeal will continue to attract buyers and renters. In the longer term, the combination of suburban development and urban sprawl will likely result in higher demand and price appreciation. 

“As infrastructure projects like the Pakenham East train station and ongoing residential developments are completed, property values are expected to continue rising in the next 5-10 years,” Mr Harvey added.  

 Buy  Median   Change   Supply   Demand   
House   $650,000 2% 10% 0% 
Unit   $485,000 1% 5% 13% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    86% $520 11% 0.8% 4.3% 
Unit    76% $450 10% 1.3% 4.8% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.

Edwardes Lake Park is one of the family-friendly ammenities in Reservoir. Picture: Jemimah Clegg

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 70% $550 15% N/A 3.3% 
Unit 63% $493 17% N/A 4.4% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Shepparton 

Nominated by Charlotte Pascoe 

Population Distance to capital  Main demographic 
32,067 164.10km 25-29 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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 89% $450 10% 1.1% 5.4% 
Unit 79% $375 10% 0.7% 5.6% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 84% $400 4% N/A 3.8% 
Unit 34% $360 3% N/A 4.7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.  

The future of Spotswood is looking bright. Picture: realestate.com.au

“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   Change   Supply   Demand   
House   $1,115,000 -3% 10% 49% 
Unit   $717,500 23% 37% 11% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
 Invest10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    72% $748 27% 2.7% 3.5% 
Unit    47% $575 22% 22.5% 4.6% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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   Change   Supply   Demand   
House   $1,695,500 1% 4% -2% 
Unit   $567,500 -2% 36% 17% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    65% $875 5% 2.4% 3.3% 
Unit    14% $520 11% 1.4% 5.0% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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   Change   Supply   Demand   
House   $675,500 1% 15% 11% 
Unit   $605,500 10% -4% 30% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest    10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    75% $480 14% 1.5% 3.8% 
Unit    85% $450 18% N/A 4.9% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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. 

Werribee is experiencing high demand from buyers. Picture: realestate.com.au

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   Change   Supply   Demand   
House   $613,750 1% 17% 6% 
Unit   $430,000 -1% 12% 5% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest    10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    99% $480 17% 2.3% 4.2% 
Unit    65% $400 11% 0.7% 5.1% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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Queensland 

Which Queensland suburbs made the Hot 100? Picture: Getty

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 116% $650 7% N/A 3.6% 
Unit 44% $580 9% N/A 5.7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Birtinya 

Nominated by Rich Harvey

Population Distance to capital Main demographic 
4,378 81.1km 25-29 years 

Located in the heart of the Sunshine Coast, Birtinya has rapidly become one of the region’s most sought-after suburbs.  

Prestige Property Buyers chief executive Rich Harvey said its “enviable location”, centred around the $1.8 billion Sunshine Coast Health Precinct, has turned it into a hub for health and education professionals.  

“The suburb offers an exceptional lifestyle, with scenic lakeside walkways, parks, and proximity to the pristine beaches of Kawana Waters just 7 km away,” he added. “Birtinya has undergone a remarkable transformation, with modern housing estates, boutique retail, and dining options adding to its appeal.” 

Many homes in Birtinya are on the waterfront. Picture: realestate.com.au

Housing in the suburb is a mixture of contemporary, low-maintenance homes and townhouses. 

“Many feature waterfront or lake views, catering to professionals, downsizers, and families seeking an active, outdoor lifestyle,” Mr Harvey said. 

Property prices in the suburb have surged in recent years, fueled by its strategic location and growing infrastructure.  

“Birtinya is particularly well-suited to professionals working within the health precinct, retirees seeking a convenient lifestyle, and investors drawn to its high rental yields and ongoing growth potential,” Mr Harvey said. 

Buy Median price Annual change Supply Demand 
House $1,000,000   9%   16%   11%   
Unit $675,000   10%   18%   1%   
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest 10 year price growth Annual change Vacancy rate Rental yield 
House 97%   10%     N/A4.0%   
Unit 60%   7%     N/A5.0%   
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Caboolture 

Nominated by:  Kate Hill 

Population Distance to capital  Main demographic 
29,534 43.5km  25-29 years  

Homebuyers have been flocking to Caboolture in Brisbane’s north in search of their own slice of the Australian dream.  

It’s here in Caboolture, located in the Moreton Bay region, where you can still buy an affordable house with a backyard and a reasonable commute into the city.   

Take the three-bedroom family house at 9 Cadaga Place, situated on a 680sqm block, which sold for just $740,000 in November.  

Kate Hill said Caboolture and the wider Moreton Bay region were very popular with first-time buyers, families and investors.    

“The Moreton Bay area has housing affordability and good transport links to the Brisbane CBD, the airport and the Sunshine Coast, lifestyle precincts and amenities,” she said.  

“[It’s] one of the highest-growth LGAs in Australia and predicted to have a population exceeding Tasmania within ten years.”  

Buy Median Price Annual Change Supply Demand  
House  $718,750 17% 3% 40% 
Unit $376,075 10% 14% 31% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 136% $575 5% 1.2% 4.5% 
Unit 80% $420 11% N/A 5.3% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 123% $700 7% 1.2% 3.4% 
Unit 71% $590 7% 0.7% 4.9% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 117% $833 4% N/A 2.8% 
Unit 58% $520 8% 0.5% 4.7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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 is also set to play a part in the upcoming 2032 Olympic Games. Picture: realestate.com.au

“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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 68% $730 7% 0.7% 4.6% 
Unit 82% $620 7% N/A 5.2% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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  $1,665,000 15% 18% -20% 
Unit $660,000 20% 12% 14% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 141% $750 7% 0.8% 2.8% 
Unit 67% $550 8% 0.5% 4.4% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 64% $675 4% N/A 3.5% 
Unit 62% $550 0% N/A 5.1% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.  

Ferny Hills is surrounded by lush green forests. Picture: realestate.com.au

“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 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 106% $650 3% N/A 3.7% 
Unit N/A N/A N/A N/A N/A 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 92% $500 11% 1.4% 5.4% 
Unit N/A $375 -3% N/A 6.1% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 112% $625 6% N/A 3.4% 
Unit N/A $465 3% N/A 4% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 99% $835 5% N/A 3.4% 
Unit 70% $700 17% N/A 5.8% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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. 

Herston is just 3km from the Brisbane CBD. Picture: realestate.com.au

“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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 119% $750 7% N/A 2.9% 
Unit 42% $528 5% N/A 4.6% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Kearneys Spring   

Nominated by: Kate Hill 

Population Distance to capital  Main demographic 
9,419 107.3km 30-34 years 

In the heart of an infrastructure and economic boom, Kearneys Spring offers buyers a family-friendly neighbourhood that’s on the move.  

The suburb is located in Toowoomba, the country’s second-largest inland city where there is a massive program of infrastructure development underway. 

Kate Hill said there was more than $13 billion worth of infrastructure and major projects, both private and public, planned throughout the region.  

“The economy of this region is the second-largest in Queensland, outside of the state’s metropolitan areas," Ms Hill said.  

For families, the area is serviced by private schools such as Highlands Christian College and nearby public schools like Darling Heights State School and Harristown State High School.  

It’s also close to the University of Southern Queensland in nearby Darling Heights.  

There are plenty of amenities too, including Toowoomba Plaza and The Ridge Shopping Centre.  

Buy Median Price Annual Change Supply Demand  
House  $681,500 12% 1% -10% 
Unit $442,000 24% -16% 6% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 84% $520 4% N/A 4.4% 
Unit 50% $380 -5% N/A 5.1% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.

Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 42% $500 6% 1.1% 5.5% 
Unit 14% $380 9% N/A 6.7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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. 

Maroochydore is a popular holiday destination. Picture: realestate.com.au

“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%   
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest 10 year price growth Annual change Vacancy rate Rental yield 
House 135%   5%   0.5%   3.8%   
Unit 103%   6%   0.5%   4.6%   
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 203% $1,300 0% N/A 2.4% 
Unit 132% $750 0% 0.5% 4.3% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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%   
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest 10 year price growth Annual change Vacancy rate Rental yield 
House 124%   6%   1.6%   4.6%   
Unit 137%   6%    N/A 5.0%   
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.   

Narangba has had upgrades to its schools, parks, and retail facilities. Picture: realestate.com.au

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 86% $600 2% 1.1% 4.4% 
Unit N/A $480 2% N/A 5% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Palmview 

Nominated by Rich Harvey

Population Distance to capital Main demographic 
5,236 81.5km 25-29 years 

Palmview, located on the Sunshine Coast, is evolving from its rural origins into a vibrant new build suburban community offering residents the tranquility of the hinterland as well as proximity to the beach.  

“The suburb is distinguished by its diverse residential offerings, including acreage properties, the upscale Palmview Forest development with large blocks and multimillion-dollar homes, and the master-planned Harmony estate featuring modern housing options,” Prestige Property Buyers chief executive Rich Harvey said. 

“This variety caters to a broad spectrum of residents, from those seeking spacious rural living to families desiring contemporary suburban amenities.” 

Significant infrastructure developments are underway in Palmview, enhancing its appeal. The school is also home to its own primary and high schools. 

“These additions, along with improved transport links and the development of local amenities, are contributing to the suburb's transformation and attractiveness to new residents,” Mr Harvey said. 

“The suburb's housing landscape is diverse, featuring large acreage properties, modern family homes, and townhouses, appealing to families, professionals, and investors seeking growth potential in a developing area.” 

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 $847,500   7%   13%   19%   
Unit N/AN/A N/A N/A
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest 10 year price growth Annual change Vacancy rate Rental yield 
House 47%   7%   1.7%   4.8%   
Unit N/AN/AN/AN/A
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 140% $900 6% N/A 4.3% 
Unit 88% $750 3% N/A 5.3% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 73% $420 11% 2.5% 7.1% 
Unit 8% $430 -10% N/A 6.1% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Tarragindi 

Nominated by: Melinda Jennison 

Population Distance to capital  Main demographic 
11,035 7.1km  5-9 years 

Tarragindi is one of this year’s top picks for Melinda Jennison thanks to its family-friendly atmosphere, safety, and proximity to well-regarded schools. 

Located just 7km from Brisbane’s CBD, the suburb offers easy access to major roads like the M3, while also benefiting from the newly opened Brisbane Metro public transport corridor.   

The area has undergone significant redevelopment, with many older homes being replaced by new, architecturally designed properties. 

“It is the first suburb south of the CBD predominantly made up of post-war homes, as those closer to the city are protected from demolition,” Ms Jennison said.   

“This has fuelled gentrification, leading to the construction of high-end homes in recent years.” 

Ms Jennison noted that the suburb was highly sought after despite low volumes of homes becoming available. 

She said given that more than 70% of locals were owner-occupiers and weekly family incomes were well above the Brisbane average, the suburb appeared ripe for further transformation. 

Buy Median Price Annual Change Supply Demand  
House  $1,399,000 16% -3% -1% 
Unit N/A N/A N/A N/A 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 125% $725 12% N/A 2.9% 
Unit N/A $508 37% N/A 4.8% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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%   
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest 10 year price growth Annual change Vacancy rate Rental yield 
House 152%   9%     N/A3.9%   
Unit 142%   11%     N/A4.5%  
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 87% $790 2% N/A 3.4% 
Unit 68% $555 -7% N/A 4.2% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.

Windsor is well-connected with a train station, bus services and major arterial roads. Picture: realestate.com.au

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 98% $710 -1% N/A 2.9% 
Unit 27% $550 5% N/A 5.1% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 135% $680 8% 1.2% 3.3% 
Unit 58% $550 0% 1% 4.2% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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South Australia 

City ViewsWhich South Australian suburbs made the Hot 100? Picture: Getty

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. 

Andrews Farm has ample green space. Picture: realestate.com.au

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%  
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  114%  $550 10%  0.9%  4.2%  
Unit  N/A $500 11%  N/A 4.7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 115% $550 10% 0.9% 4.2% 
Unit 64% $500 11% N/A 4.7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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  
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  89%  $623 11%  N/A 4.3% 
Unit  N/A N/A N/A N/A N/A  
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.” 

Largs North is an affordable beachside suburb. Picture: realestate.com.au

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%  
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  109%  $585 6%  N/A 4.1%  
Unit  N/A  $450 13%  N/A 5.2%  
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 125% $540 10% 1.5% 4.6% 
Unit 107% $435 9% N/A 4.8% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.  

Wistow couple Cliff and Jacqy Stoddart are opposed to more expansion in Mount Barker and surrounds - sign at the exit ramp from the South Eastern Freeway.Mount Barker is near Hahndorf village. Picture: Supplied

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   Change   Supply   Demand   
House   $685,000 11% 0% 12% 
Unit   $555,888 19% 13% 16% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest    10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    77% $550 6% N/A 4.6% 
Unit    102% $480 12% N/A 4.7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Munno Para West   

Expert: 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  
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  114%  $525 11%  2.8%  4.9%  
Unit  N/A  $500 27%  N/A 5.9% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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   Change   Supply   Demand   
House   $467,500 20% -11% 55% 
Unit   $370,000 31% N/A N/A 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest    10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    103% $450 8% 1.2% 5.3% 
Unit    114% $330 26% N/A 5.4% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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   Change   Supply   Demand   
House   $470,000 15% -3% 27% 
Unit   $382,250 14% -30% -3% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest    10-year price growth    Rent    Change    Vacancy rate    Gross yield    
House    57% $450 2% 2.6% 5.4% 
Unit    50% $365 1% N/A 4.9% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Seacliff 

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 has a Surf Life Saving Club, yacht club, cafes and restaurants. Picture: Syed Hadi Naqvi on Unsplash.

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/AN/A 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest 10 year price growth Annual change Vacancy rate Rental yield 
House 125%   -3%   -3%   2.9%   
Unit 114%     8%   8%   4.5%     
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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%  
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  110%  $600 7%  N/A  3.8%  
Unit  102%  $493 5%  N/A 4.3%  
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Sheidow Park   

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 has seen substantial infrastructure investment. Picture: realestate.com.au

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 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest 10 year price growth Annual change Vacancy rate Rental yield 
House 99%   2%   N/A 4.4%   
Unit N/A N/A N/A N/A 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  86% $633 5%  N/A 3.9%  
Unit  N/A  $440 0%  N/A 4.7%  
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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Western Australia 

Which Western Australian suburbs made the Hot 100? Picture: Getty

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.  

Bassendean has a mix of heritage homes and newer properties. Picture: realestate.com.au

“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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 38% $675 13% N/A 4.3% 
Unit 17% $530 18% N/A 6.3% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 38% $675 13% N/A 4.3% 
Unit 17% $530 18% N/A 6.3% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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 sun sets on Cable Beach in Western Australia. Picture: Getty

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 40% $800 -11% N/A 7.3% 
Unit N/A $550 -17% N/A 7.7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 68% $620 3% N/A 4.2% 
Unit N/A $650 23% N/A 4.7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.  

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. 

East Victoria Park in Perth has ample green space. Picture: realestate.com.au

“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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 35% $675 8% N/A 4.5% 
Unit 2% $580 16% N/A 7% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 50% $650 11% N/A 4.6% 
Unit N/A N/A N/A N/A N/A 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 17% $465 16% N/A 6.1% 
Unit -16% $280 8% N/A 7.6% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.  

The suburb of Mandurah features canals. Picture: realestate.com.au

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 55% $520 16% 0.9% 5.4% 
Unit 24% $460 10% 1.4% 6.1% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 43% $800 4% N/A 3.3% 
Unit 2% $550 17% 0.6% 6.3% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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.  

Scarborough suburbScarborough's famed beach. Picture: realestate.com.au

“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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 54% $825 10% N/A 4.1% 
Unit 21% $650 13% N/A 5.4% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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% 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest  10-year price growth Rent Annual Change Vacancy Rate  Rental Yield 
House 42% $900 6% N/A 3.3% 
Unit 11% $523 9% N/A 6.5% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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Australian Capital Territory

Which ACT suburbs made the Hot 100? Picture: Getty

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. 

Campbell's tree-lined streets make it a top pick. Picture: realestate.com.au

“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%  
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  113%  $920  5%  N/A  2.7%  
Unit  N/A  $605  -2%  N/A  5% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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%  
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  97%  $1,100 29%  N/A  2.7%  
Unit  37%  $595  4%  N/A  5.1% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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. 

Lifestyle and affordability are drawing buyers to Kambah. Picture: Getty

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%  
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  84%  $650 0%  N/A  4.2%  
Unit  63%  $565 6%  N/A  4.8% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

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%  
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  108%  $900 %  N/A  4.2%  
Unit  29%  $560 %  2.1%  5.6% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Tasmania

Boats docked on Hobart Waterfront in front of Mount WellingtonWhich Tasmanian suburbs made the Hot 100? Picture: iStock

Bellerive 

Nominated by Samantha Spilsbury

PopulationDistance to capitalMain demographic
4,9453.54km30-34 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."

BuyMedian PriceAnnual ChangeSupplyDemand
House$841,250-4%11%-5%
Unit$565,000-10%10%30%
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest10-year price growthRentAnnual ChangeVacancy RateRental Yield
House113%$6003%N/A3.8%
Unit88%$4633%N/A4.7%
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Devonport 

Nominated by Matthew Tiller and Samantha Spilsbury

PopulationDistance to capitalMain demographic
14,481205.97km25-29 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.

Devonport is set to grow with the development of the new Spirit of Tasmania terminal. Picture: Getty

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.

BuyMedian PriceAnnual ChangeSupplyDemand
House$472,2503%1%19%
Unit$396,0002%28%9%
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest10-year price growthRentAnnual ChangeVacancy RateRental Yield
House110%$4251%N/A4.9%
Unit74%$3500%N/A4.9%
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Glenorchy 

Nominated by Samantha Spilsbury

PopulationDistance to capitalMain demographic
12,0136.86km25-29 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."

BuyMedian PriceAnnual ChangeSupplyDemand
House$557,500-2%-7%-7%
Unit$435,000-5%-2%-3%
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest10-year price growthRentAnnual ChangeVacancy RateRental Yield
House129%$5400%N/A5.1%
Unit129%$440-2%N/A5.4%
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Kingston 

Nominated by Rich Harvey and Matthew Tiller

PopulationDistance to capitalMain demographic
12,28810.48km25-29 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 peaceful suburb of Kingston. Picture: Getty

"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."

BuyMedian PriceAnnual ChangeSupplyDemand
House$740,5001%8%15%
Unit$585,000-3%6%-17%
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest10-year price growthRentAnnual ChangeVacancy RateRental Yield
House97%$6001%N/A4.4%
Unit113%$4950%N/A4.6%
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Launceston 

Nominated by Matthew Tiller

PopulationDistance to capitalMain demographic
3,110161.46km25-29 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.

BuyMedian PriceAnnual ChangeSupplyDemand
House$800,00018%18%11%
Unit$450,000-1%11%8%
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest10-year price growthRentAnnual ChangeVacancy RateRental Yield
House150%$4853%2.6%3.9%
Unit50%$400-1%1.84.3%
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Northern Territory 

Which NT suburbs made the Hot 100? Picture: Getty

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  
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  6%  $580 0%  N/A  6.6%  
Unit  N/A  $440 1%  N/A  6.8% 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Howard Springs 

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. 

Howard Springs features properties on large blocks. Picture: realestate.com.au

“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 
Sources: PropTrack. Median – price to 30 November 2024. Change – YoY shift. Supply – YoY change in listings. Demand – YoY change in number of key enquiries per listing.
Invest   10-year price growth  Rent  Annual Change  Vacancy Rate   Rental Yield  
House  N/A  $580 0%  N/A N/A 
Unit  N/A N/A N/A  N/A N/A 
Sources: PropTrack. 10-yr price growth – change in price in the year to November 2024 compared with 2014. Rent – weekly median price. Vacancy rate – number of available rentals. Gross rental yield – median percentage of a property's value received as rental income.

Note

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