Ten property markets identified as future growth hotspots
Ten property markets across four states have been identified as offering strong long-term capital growth potential.
According to a new report from property research firm Hotspotting, the list includes locations in Queensland, New South Wales, Victoria, and Tasmania.
Inner Brisbane and the Sunshine Coast in Queensland made the list, with Brisbane benefiting from significant infrastructure development ahead of the 2032 Olympics. The Sunshine Coast has evolved from a holiday destination to a diversified growth region.
In Tasmania, both Greater Hobart and Launceston were highlighted for their growth potential. Hobart benefits from physical development constraints and investment in higher-value industries, while Launceston offers relative affordability combined with a diverse economy and solid rental returns.
Victoria had three areas on the list: the City of Casey, Greater Geelong, and Latrobe City. Casey offers house prices starting in the low-$600,000s with strong projected population growth, while Geelong has successfully transitioned from manufacturing to a diversified regional city.
Latrobe City remains one of Victoria’s more affordable markets with several towns recording median house prices below $400,000, making it attractive for investors seeking growth and income.
In New South Wales, Tamworth, Parramatta, and the Hunter Valley were identified as promising markets. Tamworth serves as a regional hub for northern NSW with diverse employment opportunities, while Parramatta continues to strengthen its position as Sydney’s second CBD.
The Hunter region, with its large, diversified economy and growing population, is expected to benefit from transport upgrades and faster links between Sydney and Newcastle.
Notably absent from the list were some recent top performers like Darwin and Perth. Hotspotting said these locations had moved through their strongest growth phases and it is now difficult to buy.
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*This information is general in nature and does not take into consideration your individual circumstances. Please contact us for further information.
