Latest report reveals high-momentum markets across Australia with increasing sales activity
Frankston has been identified as the top suburb in Australia for future capital growth, according to the Winter 2025 Price Predictor Index (PPI) by property research firm Hotspotting.
The report listed 50 suburbs where rising sales volumes suggest strong potential for price growth.
Hotspotting director Terry Ryder (pictured right) said the standout trend this quarter is the recovery of the Melbourne market, particularly in the city’s southeast.
“Frankston has gone from underperformer to frontrunner,” Ryder said. “After two sluggish years, Melbourne began recovering in late 2024, and the uplift has only accelerated this year.
“While not every part of Melbourne is booming, the Frankston LGA is clearly a powerhouse, with Frankston, Carrum Downs, and Langwarrin all on our top 50 list.”
Victoria leads this quarter’s index with 18 suburbs featured, marking a turnaround after a period of weak growth. Among the high-potential areas are units in North Melbourne and houses in Norlane, Geelong, and Werribee in Wyndham.
Elsewhere, Greater Darwin has emerged as one of the strongest-performing markets, according to Hotspotting general manager Tim Graham (pictured left). He noted that nearly all of the Darwin region’s markets are now rated as rising.
“This is the boom that only Hotspotting saw coming,” Graham said. “Six months ago, we told our clients that Darwin was on the brink of a serious comeback – and that forecast has proven bang on. The numbers are unmatched anywhere else.”
Top suburbs in the Northern Territory include units in Darwin and houses in Durack and Rosebery, located in Palmerston.
In South Australia, Adelaide continues to show steady growth. Despite a minor dip in quarterly sales, Ryder said the market remains one of the most reliable in the country.
“Adelaide has been rising longer than any other and continues to deliver despite a small drop in quarterly sales,” he said. “The number of rising markets has dipped slightly, but consistent performers are up.”
Christies Beach and Ingle Farm are among Adelaide’s strongest markets in the latest index.
Queensland’s Gold Coast also performed well, with four suburbs featured in the top 50. Graham said market activity is strengthening along the coastal corridor.
“Momentum across the coastal strip is building rapidly,” he said. “The Gold Coast remains one of the most dynamic regional markets in the country. Sixty of its 90 suburbs are trending upward in sales, and total transactions are climbing.”
Suburbs such as Surfers Paradise, Mermaid Beach, and Miami were highlighted for their growth potential in unit markets.
Ryder said the Price Predictor Index focuses on changes in sales volumes as a leading indicator of future price movements.
“History has shown that prices typically respond to rising buyer activity, with a time lag,” he said. “While regional markets continue to feature on the list, there’s a noticeable tilt back toward capital cities – especially Melbourne, Darwin, and Adelaide – while most of the 50 declining markets are metropolitan as well.
“Anyone who thought the market was flat hasn’t been paying attention. The real story is not in median prices – it’s in sales volumes, and the signs are clear.”
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