New report highlights locations set for sustained capital gains
Hotspotting has published its latest Top 10 National Best Buys Report, listing Australian property markets expected to deliver medium- to long-term capital growth.
The report identifies areas where infrastructure projects, economic activity, and housing types combine to create favourable conditions for both investors and homebuyers.
The list deliberately excludes locations that have already experienced significant price increases. “Markets like Perth, Adelaide, and the Gold Coast have already delivered years of double-digit growth and no longer meet the criteria for future-focused investment,” said Terry Ryder (pictured top right), director at Hotspotting.
“We don’t chase yesterday’s winners because we’re focused on identifying markets before they peak. These are markets where affordability and infrastructure investment are laying the groundwork for sustained capital growth in the years ahead.”
The report’s top 10 locations are:
- Inner Brisbane (QLD)
- Sunshine Coast (QLD)
- Greater Darwin (NT)
- City of Frankston (VIC)
- Launceston (TAS)
- Greater Geelong (VIC)
- Wagga Wagga (NSW)
- Greater Hobart (TAS)
- Badgerys Creek Precinct (NSW)
- City of Yarra (VIC)
Tim Graham (pictured top left), general manager at Hotspotting, noted that the research highlights not only the regions undergoing change but also the most suitable dwelling types in each area. “We’re not just identifying growth – we’re forecasting transformation,” he said. These markets are evolving in ways that will reward early movers.
“Some of the most overlooked locations are now outperforming because they’ve quietly built the fundamentals such transport links, job hubs, and planning frameworks that support sustainable property markets.”
Inner Brisbane is undergoing significant change in the lead-up to the 2032 Olympics, with major projects such as the Cross River Rail and Brisbane Metro increasing demand. “With nearly 75% of dwellings being apartments or townhouses, the precinct offers affordability and strong rental yields,” Ryder said. “This is one of Australia’s most dynamic urban markets. It’s where infrastructure meets inner-city lifestyle. We’re seeing a generational shift toward apartment living, and Brisbane is leading that trend with confidence.”
The Sunshine Coast is developing into a key economic corridor, supported by initiatives like the Maroochydore CBD and Sunshine Coast University Hospital. “Detached homes and townhouses dominate the market, attracting both families and investors,” Graham said. “This region is no longer just a holiday destination – it’s a growth engine. The scale of infrastructure here rivals some capital cities, and that’s translating into real estate momentum.”
Darwin stands out for its affordability among capital cities, with median prices below $350,000. “Backed by billions in infrastructure and strong rental yields, detached homes are the standout choice,” Ryder said. “Darwin is delivering exceptional value and momentum, because it’s a market where affordability meets economic resurgence, investors are taking notice.”
Frankston is becoming a metropolitan centre, with major infrastructure upgrades and a growing number of high-rise developments. “Both houses and apartments are attracting buyers seeking coastal lifestyle and connectivity,” Graham said. “Frankston is Greater Melbourne’s rising star. It’s got the infrastructure and the energy to support long-term growth. We’re seeing strong demand across multiple dwelling types, which signals depth and resilience in the market.”
Launceston is positioning itself as a technology and energy centre, with projects such as a $2.1 billion AI facility and hospital improvements boosting population growth. “Detached homes remain affordable and offer strong yields,” Ryder said. “Launceston is one of Tasmania’s most dynamic regional markets. It’s a city that’s quietly building a future around innovation, and the property market is responding.”
Geelong is benefiting from infrastructure spending and strategic planning, with affordable detached housing in the outer suburbs attracting demand from those leaving Melbourne. “Geelong is building a future around affordability and innovation,” Graham said. “It’s a market with scale, vision, and the kind of planning that supports sustained growth.”
Wagga Wagga combines accessible prices with a diverse economy, supported by defence projects and a growing logistics sector. “Detached homes dominate the market and offer solid yields,” Ryder said. “This is a regional market with national relevance. Wagga Wagga is attracting buyers who want value, stability, and long-term upside.”
Hobart is experiencing a transformation, with over $4 billion in investment reshaping its infrastructure, education, and housing sectors. “Both houses and units are performing strongly,” Graham said. “Hobart is evolving into a capital city with serious investment appeal. It’s a market that blends affordability with ambition—ideal for strategic investors.”
Western Sydney’s Badgerys Creek Precinct is being shaped by the new airport and associated infrastructure, driving housing demand in the Liverpool area. “Badgerys Creek is Sydney’s next frontier,” Ryder said. “It’s a strategic play for long-term investors because the scale of transformation here is unprecedented. It truly is a city in the making.”
Yarra is seeing apartment-led regeneration, with major projects turning former industrial areas into residential precincts. “Affordable apartment prices and proximity to the CBD drive investor interest,” Graham said. “Yarra is rewriting its urban story. It’s a compact municipality with outsized potential. It’s one of the few places in inner Melbourne where affordability and growth still intersect.”
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