Price-conscious house hunters are targeting suburbs where values have lagged behind the nation’s recent property boom, boosting demand for homes in sought-after neighbourhoods that offer relative affordability.
Analysis of PropTrack data shows that in many of the suburbs where home values haven’t kept pace with their wider markets, properties for sale are attracting dozens of enquiries from buyers, indicating strong demand.
While suburbs with the most demand from buyers often have hot property markets with strong price growth, savvy buyers also appear to be looking for opportunities in areas that have underperformed their surrounding regions, signalling these suburbs may be on the cusp of a turnaround.
Measuring key enquiries per listing on realestate.com.au — which combines high-intent actions such as emailing an enquiry, calling the agent or downloading documents — is one of the best ways to reveal how in-demand a suburb is with buyers, according to PropTrack senior economist Paul Ryan.
Given enquiries capture the behaviour of buyers at the later stages of their property journey, this measure of demand can be considered a leading indicator for market activity, Mr Ryan said.
“Enquiries are one of the components of demand, and we know that demand influences prices,” he said.
The data uses PropTrack’s automated valuation model (AVM) to determine a suburb’s median property value.
Underperforming capital city suburbs with the strongest buyer demand
| Suburb | State | Median value (AVM) | YoY change – AVM median | Key enquiries per listing | Property type | |
| 1 | Kenthurst | NSW | $3,290,000 | -7.3% | 67 | House |
| 2 | Woronora | NSW | $1,605,000 | 7.2% | 64 | House |
| 3 | Sheldon | QLD | $1,579,000 | 6.0% | 58 | House |
| 4 | Killara | NSW | $3,694,000 | 2.4% | 58 | House |
| 5 | Samford Valley | QLD | $1,631,000 | 3.5% | 58 | House |
| 6 | Bunya | QLD | $1,529,000 | 8.7% | 57 | House |
| 7 | Monterey | NSW | $2,066,000 | 1.7% | 57 | House |
| 8 | Pullenvale | QLD | $1,956,000 | 7.2% | 56 | House |
| 9 | Wamberal | NSW | $1,616,000 | -1.7% | 55 | House |
| 10 | Brookfield | QLD | $1,652,000 | 6.6% | 55 | House |
| 1 | Springfield | QLD | $491,000 | 1.3% | 44 | Unit |
| 2 | Kenmore | QLD | $899,000 | -0.4% | 43 | Unit |
| 3 | Ormiston | QLD | $543,000 | 3.7% | 30 | Unit |
| 4 | Carseldine | QLD | $589,000 | 7.1% | 29 | Unit |
| 5 | Enfield | NSW | $680,000 | -2.1% | 26 | Unit |
| 6 | Caringbah South | NSW | $1,537,000 | -0.3% | 25 | Unit |
| 7 | Kurralta Park | SA | $391,000 | 7.7% | 24 | Unit |
| 8 | Bracken Ridge | QLD | $508,000 | 8.0% | 24 | Unit |
| 9 | Gordon Park | QLD | $520,000 | 7.1% | 23 | Unit |
| 10 | Huntleys Cove | NSW | $1,440,000 | 2.4% | 22 | Unit |
Jump ahead to see the regional underperforming suburbs with strong buyer demand.
In-demand, yet underperforming suburbs could potentially offer good opportunities for buyers seeking to purchase relatively undervalued properties that could rise in value in the future as a result of strong demand.
The underachieving suburbs that are most in demand are varied, and trends differ depending on the region or the city.
Tree changers seek value on urban fringe
Of all the suburbs with below-average price growth, Kenthurst in Sydney’s northwest had the most enquiries per listing, indicating very strong demand for properties hitting the market.
Houses in the semi-rural suburb, which include multi-million dollar mansions on acres of land, receive an average of 67 enquiries per listing, but the median value fell 7.3% over 12 months to November 2023.
Over that same period, values across Greater Sydney rose 7.7% as demand for property surged amid strong population growth and a shortage of listings for much of the year.
![3 Seville Place, Kenthurst, NSW 2156](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 800 450"%3E%3C/svg%3E)
Properties in Kenthurst in Sydney’s northwest are in high demand. This four-bedroom home on a five acre block sold for $3.7 million late last year. Picture: realestate.com.au
Guardian Realty Dural director Ben Jobberns said a “changing of the guard” in Kenthurst was the likely reason the suburb’s median value had decreased.
An influx of long-held properties had been sold over the past year, he said, with older homeowners who stayed put during the pandemic finally downsizing or relocating.
“The acreages have served them and they’ve enjoyed what the lifestyle has to offer, and they’re wanting a more simple life or wanting to be more cash-liquid.”
These older homes had provided more affordable opportunities for buyers to snap up modest houses on large blocks to knock down and rebuild, he said.
Buyers were primarily local upgraders seeking acreages on the urban fringe in close proximity to the area’s well-regarded private schools.
House values in Wamberal fell slightly over the past year, while values in Sydney jumped almost 8%, putting the beachside suburb on the radar of bargain-hunters seeking a coastal or acreage home. This leafy four-bedroom house sold for $1,567,500 late last year. Picture: realestate.com.au
Mr Ryan said the underperformance of some of these suburbs could, in part, reflect their strong price growth over the past few years as buyers sought larger properties during the pandemic period.
“Lifestyle regions have fallen in price because they saw such a big run up,” he said.
Houses in Wamberal, on the NSW Central Coast receive 55 enquiries on average — almost three times the national average of 19 — but home values fell 1.7% over the past year.
In Brisbane, where values grew 9.4% over the past year, high-demand suburbs such as Sheldon and Samford Valley had 58 enquiries per listing, but prices didn’t keep pace with the rest of the city, growing at 6% and 3.5% respectively.
After years of strong performance, house values in Byron Bay fell by almost 6% in the past year, but demand remains strong amid improved affordability. This Balinese-inspired five-bedroom home sold for $1.65 million in September last year. Picture: realestate.com.au
Suburbs in the Adelaide Hills such as Beaumont and Stirling were among the most sought-after in the city, and while these had solid price growth over the past year, Adelaide’s overall median value grew faster.
Underperforming regional suburbs with the strongest buyer demand
| Suburb | State | Median value (AVM) | YoY change – AVM median | Key enquiries per listing | Property type | |
| 1 | Tallebudgera Valley | QLD | $1,989,000 | 5.2% | 60 | House |
| 2 | Currumbin Valley | QLD | $1,678,000 | 2.9% | 54 | House |
| 3 | Ninderry | QLD | $1,248,000 | 2.5% | 53 | House |
| 4 | Rosemount | QLD | $1,083,000 | 1.3% | 48 | House |
| 5 | Glenview | QLD | $1,270,000 | 2.2% | 43 | House |
| 6 | Tanawha | QLD | $1,598,000 | 1.9% | 41 | House |
| 7 | Peachester | QLD | $977,000 | -0.9% | 39 | House |
| 8 | Jamberoo | NSW | $1,387,000 | -7.2% | 39 | House |
| 9 | Eumundi | QLD | $1,210,000 | 4.1% | 38 | House |
| 10 | Doonan | QLD | $1,762,000 | 3.1% | 35 | House |
| 1 | Pelican Waters | QLD | $866,000 | 1.7% | 31 | Unit |
| 2 | Shoal Bay | NSW | $730,000 | -2.6% | 25 | Unit |
| 3 | Currumbin Waters | QLD | $736,000 | -0.1% | 24 | Unit |
| 4 | Mudgeeraba | QLD | $727,000 | 4.8% | 23 | Unit |
| 5 | Burleigh Waters | QLD | $734,000 | 1.9% | 23 | Unit |
| 6 | Twin Waters | QLD | $1,203,000 | 4.6% | 22 | Unit |
| 7 | Broadbeach | QLD | $789,000 | 4.5% | 22 | Unit |
| 8 | Elanora | QLD | $687,000 | 1.2% | 22 | Unit |
| 9 | Currimundi | QLD | $671,000 | -0.4% | 21 | Unit |
| 10 | Clear Island Waters | QLD | $812,000 | 6.9% | 21 | Unit |
In regional Australia, high-demand underperformers included suburbs favoured by tree changers such as Byron Bay and Jamberoo in NSW, Lorne in Victoria and suburbs of hinterlands of the Gold Coast and Sunshine Coast in Queensland.
Mr Ryan said their underperformance wasn’t due to falling demand, which remained strong, but was more a result of markets cooling after a sustained period of very strong price growth.
Jump ahead to see the underperforming suburbs with the strongest buyer demand in each state.
Upgraders target affordable prestige suburbs
It’s not just tree change destinations offering relative affordability that have experienced high levels of enquiry.
Family-friendly suburbs suiting upgrading homeowners are in high demand too, especially where price growth has been subdued, Mr Ryan said.
Killara and Gordon in Sydney’s north and Yowie Bay and Sylvania Waters in the south are among the suburbs where homes were highly sought after because prices hadn’t grown as much as the rest of the city.
With median values above $2 million, these suburbs could hardly be considered affordable, but offer prestige homes for much cheaper than pricey suburbs in the city’s east, which led the most recent market upturn.
In some prestige Sydney suburbs suited to upsizing families such as Killara, house values haven’t boomed as fast as pricier suburbs, driving demand. This five-bedroom Killara home on a 1284sqm block sold for $3.52 million last year – a little below the suburb median value. Picture: realestate.com.au/sold
“Many of the traditional blue chip suburbs have seen a lot of growth so people are starting to look further afield,” Mr Ryan said.
Meanwhile, in Perth, where house values rose a whopping 13.3% over the past year, suburbs with underperforming house prices and strong demand all had median prices well above the citywide median, demonstrating increased interest in pricier areas that hadn’t surged in value as fast as the rest of the city.
First-home buyers compromise on location and size
Strained budgets resulting from higher interest rates have caused first-home buyers to seek cheaper suburbs where prices haven’t boomed yet, Mr Ryan said, supporting demand in lesser known pockets of affordability.
“There would be a lot of first-home buyers that would be shifting their search further afield, particularly with higher interest rates and price growth,” he said.
Of the Melbourne suburbs where house prices underperformed compared to the city-wide growth, the areas in highest demand were affordably-priced and located towards the city’s fringe, such as Coolaroo, Hampton Park and Melton.
In Melbourne, affordable suburbs where prices haven’t jumped are in high demand with budget-conscious first-home buyers, such as Melton in the west. This four-bedroom Melton house sold for $580,000 in September. Picture: realestate.com.au/sold
“These are regions where prices haven’t grown as much as Melbourne, and they have quite accessible price points.”
Higher interest rates have caused both first-home buyers and investors to search in affordable suburbs that offered better value than surrounding areas, according to real estate agent Zoe Crooks of LJ Hooker Melton.
“This is obviously an area that is still affordable, but it is in high demand for first home buyers,” she said.
“Families are coming here because they’re getting a lot more for their money. If you compare it to nearby Caroline Springs, where prices are a bit higher, you’re getting a more affordable property and maybe a bigger block size too.”
The effects of affordability constraints on first-home buyer activity differs between Sydney and Melbourne, Mr Ryan said, owing to Sydney’s higher property prices.
“Melbourne’s price points mean you’re still getting first-home buyers looking for houses on the periphery,” he said.
“For houses, first-home buyers are essentially priced out in Sydney, so if you are looking for property you’re probably looking for a unit, and that’s where it shows up in Sydney.”
Demand has been strong in Sydney suburbs where unit prices are within reach of first-home buyers and prices growth is slower than the rest of the city, such as Carlingford. This two-bedroom Carlingford apartment sold for $639,000 in October last year. Picture: realestate.com.au/sold
In Sydney suburbs such as Enfield, Carlingford and Holroyd, unit prices have either decreased or not kept pace with the rest of the city over the past year.
These suburbs have median prices below $750,000 and have some of the most enquiries per listing, indicating strong demand.
Similarly, most of the Brisbane suburbs where unit prices underperformed, but demand was still strong, had median values between $500,000 and $600,000 – within the reach of first-home buyers even with reduced borrowing capacities.
Underperforming suburbs with the strongest buyer demand in each state
The underperforming Sydney suburbs with the strongest buyer demand
| Suburb | Region (SA4) | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Kenthurst | Sydney – Baulkham Hills and Hawkesbury | $3,290,000 | -7.3% | 67 | House |
| 2 | Woronora | Sydney – Sutherland | $1,605,000 | 7.2% | 64 | House |
| 3 | Killara | Sydney – North Sydney and Hornsby | $3,694,000 | 2.4% | 58 | House |
| 4 | Monterey | Sydney – Inner South West | $2,066,000 | 1.7% | 57 | House |
| 5 | Wamberal | Central Coast | $1,616,000 | -1.7% | 55 | House |
| 6 | Gordon | Sydney – North Sydney and Hornsby | $3,468,000 | 2.7% | 54 | House |
| 7 | Kareela | Sydney – Sutherland | $1,603,000 | 5.9% | 54 | House |
| 8 | Yowie Bay | Sydney – Sutherland | $2,308,000 | 6.8% | 53 | House |
| 9 | Illawong | Sydney – Sutherland | $1,654,000 | 7.5% | 53 | House |
| 10 | Sylvania Waters | Sydney – Sutherland | $2,216,000 | 5.3% | 53 | House |
| 1 | Enfield | Sydney – Inner West | $680,000 | -2.1% | 26 | Unit |
| 2 | Caringbah South | Sydney – Sutherland | $1,537,000 | -0.3% | 25 | Unit |
| 3 | Huntleys Cove | Sydney – Ryde | $1,440,000 | 2.4% | 22 | Unit |
| 4 | Woollahra | Sydney – Eastern Suburbs | $1,399,000 | 2.0% | 21 | Unit |
| 5 | Turramurra | Sydney – North Sydney and Hornsby | $947,000 | -0.2% | 21 | Unit |
| 6 | Carlingford | Sydney – Parramatta | $742,000 | 1.6% | 21 | Unit |
| 7 | Holroyd | Sydney – Parramatta | $576,000 | 2.6% | 21 | Unit |
| 8 | Condell Park | Sydney – Inner South West | $825,000 | 3.4% | 21 | Unit |
| 9 | Sans Souci | Sydney – Inner South West | $922,000 | -0.2% | 21 | Unit |
| 10 | Roseville | Sydney – North Sydney and Hornsby | $1,004,000 | 0.5% | 20 | Unit |
The underperforming regional NSW suburbs with the strongest buyer demand
| Suburb | Region (SA4) | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Jamberoo | Illawarra | $1,387,000 | -7.2% | 39 | House |
| 2 | Wyee | Newcastle and Lake Macquarie | $877,000 | -0.5% | 28 | House |
| 3 | Shoal Bay | Hunter Valley exc Newcastle | $989,000 | -3.1% | 28 | House |
| 4 | Dudley | Newcastle and Lake Macquarie | $1,137,000 | -1.6% | 27 | House |
| 5 | Soldiers Point | Hunter Valley exc Newcastle | $1,145,000 | -1.3% | 27 | House |
| 6 | Mollymook Beach | Southern Highlands and Shoalhaven | $1,137,000 | -2.0% | 26 | House |
| 7 | Byron Bay | Richmond – Tweed | $1,826,000 | -5.7% | 26 | House |
| 8 | Adamstown Heights | Newcastle and Lake Macquarie | $1,037,000 | -1.7% | 25 | House |
| 9 | Banora Point | Richmond – Tweed | $894,000 | -1.6% | 25 | House |
| 10 | Mangerton | Illawarra | $1,155,000 | -0.2% | 24 | House |
| 1 | Shoal Bay | Hunter Valley exc Newcastle | $730,000 | -2.6% | 25 | Unit |
| 2 | Salamander Bay | Hunter Valley exc Newcastle | $611,000 | -7.2% | 19 | Unit |
| 3 | Nelson Bay | Hunter Valley exc Newcastle | $677,000 | -3.5% | 18 | Unit |
| 4 | Byron Bay | Richmond – Tweed | $1,142,000 | -6.1% | 18 | Unit |
| 5 | Shoalhaven Heads | Southern Highlands and Shoalhaven | $649,000 | -1.4% | 17 | Unit |
| 6 | Kingscliff | Richmond – Tweed | $873,000 | -1.6% | 14 | Unit |
| 7 | Suffolk Park | Richmond – Tweed | $1,138,000 | -8.5% | 14 | Unit |
| 8 | Ocean Shores | Richmond – Tweed | $827,000 | -0.2% | 11 | Unit |
| 9 | Ulladulla | Southern Highlands and Shoalhaven | $659,000 | -5.8% | 10 | Unit |
| 10 | Yamba | Coffs Harbour – Grafton | $722,000 | -7.7% | 10 | Unit |
The underperforming Melbourne suburbs with the strongest buyer demand
| Suburb | Region (SA4) | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Coolaroo | Melbourne – North West | $507,000 | 0.3% | 25 | House |
| 2 | Hampton Park | Melbourne – South East | $642,000 | -0.6% | 23 | House |
| 3 | Doveton | Melbourne – South East | $586,000 | 0.0% | 22 | House |
| 4 | Wandong | Melbourne – North East | $858,000 | -2.5% | 21 | House |
| 5 | Campbellfield | Melbourne – North West | $598,000 | -0.3% | 21 | House |
| 6 | Melton | Melbourne – West | $469,000 | -1.5% | 20 | House |
| 7 | Wandin North | Melbourne – Outer East | $796,000 | -0.5% | 19 | House |
| 8 | Dallas | Melbourne – North West | $520,000 | 0.6% | 19 | House |
| 9 | Emerald | Melbourne – South East | $917,000 | 0.0% | 18 | House |
| 10 | Cairnlea | Melbourne – West | $894,000 | 0.1% | 18 | House |
| 1 | Meadow Heights | Melbourne – North West | $460,000 | -0.3% | 15 | Unit |
| 2 | Heidelberg West | Melbourne – North East | $660,000 | 0.2% | 15 | Unit |
| 3 | Patterson Lakes | Melbourne – Inner South | $656,000 | -0.2% | 13 | Unit |
| 4 | Keysborough | Melbourne – South East | $671,000 | -0.2% | 13 | Unit |
| 5 | South Kingsville | Melbourne – West | $643,000 | 0.3% | 12 | Unit |
| 6 | Oakleigh | Melbourne – South East | $616,000 | -0.3% | 11 | Unit |
| 7 | Mentone | Melbourne – Inner South | $676,000 | -0.5% | 10 | Unit |
| 8 | Seaford | Mornington Peninsula | $600,000 | -0.4% | 10 | Unit |
| 9 | Pascoe Vale | Melbourne – North West | $646,000 | -1.0% | 10 | Unit |
| 10 | Altona North | Melbourne – West | $731,000 | -1.2% | 10 | Unit |
The underperforming regional Victoria suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Avoca | Ballarat | $382,000 | -6.9% | 14 | House |
| 2 | Ventnor | Latrobe – Gippsland | $837,000 | -6.0% | 13 | House |
| 3 | Clunes | Ballarat | $506,000 | -5.7% | 12 | House |
| 4 | Mount Helen | Ballarat | $623,000 | -6.8% | 12 | House |
| 5 | Beaufort | Ballarat | $440,000 | -2.6% | 11 | House |
| 6 | Lorne | Geelong | $2,023,000 | -3.6% | 11 | House |
| 7 | Lovely Banks | Geelong | $714,000 | -5.0% | 11 | House |
| 8 | Corinella | Latrobe – Gippsland | $695,000 | -4.3% | 11 | House |
| 9 | Creswick | Ballarat | $514,000 | -6.2% | 11 | House |
| 10 | North Geelong | Geelong | $615,000 | -2.7% | 10 | House |
| 1 | Canadian | Ballarat | $412,000 | -4.7% | 9 | Unit |
| 2 | Corio | Geelong | $400,000 | -6.9% | 7 | Unit |
| 3 | Moe | Latrobe – Gippsland | $246,000 | -2.2% | 7 | Unit |
| 4 | Mount Clear | Ballarat | $394,000 | -6.0% | 7 | Unit |
| 5 | Ocean Grove | Geelong | $836,000 | -5.7% | 7 | Unit |
| 6 | Sebastopol | Ballarat | $346,000 | -4.7% | 6 | Unit |
| 7 | Herne Hill | Geelong | $384,000 | -5.2% | 6 | Unit |
| 8 | Belmont | Geelong | $530,000 | -3.0% | 6 | Unit |
| 9 | Geelong | Geelong | $631,000 | -4.7% | 6 | Unit |
| 10 | Highton | Geelong | $529,000 | -4.1% | 5 | Unit |
The underperforming Brisbane suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Sheldon | Brisbane – East | $1,579,000 | 6.0% | 58 | House |
| 2 | Samford Valley | Moreton Bay – South | $1,631,000 | 3.5% | 58 | House |
| 3 | Bunya | Moreton Bay – South | $1,529,000 | 8.7% | 57 | House |
| 4 | Pullenvale | Brisbane – West | $1,956,000 | 7.2% | 56 | House |
| 5 | Brookfield | Brisbane – West | $1,652,000 | 6.6% | 55 | House |
| 6 | Cornubia | Logan – Beaudesert | $934,000 | 7.3% | 54 | House |
| 7 | Kurwongbah | Moreton Bay – South | $871,000 | -0.8% | 48 | House |
| 8 | Springfield | Ipswich | $759,000 | 8.9% | 46 | House |
| 9 | Camira | Ipswich | $708,000 | 8.4% | 46 | House |
| 10 | Buccan | Logan – Beaudesert | $1,134,000 | 5.9% | 46 | House |
| 1 | Springfield | Ipswich | $491,000 | 1.3% | 44 | Unit |
| 2 | Kenmore | Brisbane – West | $899,000 | -0.4% | 43 | Unit |
| 3 | Ormiston | Brisbane – East | $543,000 | 3.7% | 30 | Unit |
| 4 | Carseldine | Brisbane – North | $589,000 | 7.1% | 29 | Unit |
| 5 | Bracken Ridge | Brisbane – North | $508,000 | 8.0% | 24 | Unit |
| 6 | Gordon Park | Brisbane – North | $520,000 | 7.1% | 23 | Unit |
| 7 | Herston | Brisbane Inner City | $576,000 | 5.1% | 22 | Unit |
| 8 | Mount Gravatt | Brisbane – South | $586,000 | 7.9% | 21 | Unit |
| 9 | Redcliffe | Moreton Bay – North | $589,000 | 3.3% | 21 | Unit |
| 10 | Windsor | Brisbane Inner City | $544,000 | 7.2% | 20 | Unit |
The underperforming regional Queensland suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Tallebudgera Valley | Gold Coast | $1,989,000 | 5.2% | 60 | House |
| 2 | Currumbin Valley | Gold Coast | $1,678,000 | 2.9% | 54 | House |
| 3 | Ninderry | Sunshine Coast | $1,248,000 | 2.5% | 53 | House |
| 4 | Rosemount | Sunshine Coast | $1,083,000 | 1.3% | 48 | House |
| 5 | Glenview | Sunshine Coast | $1,270,000 | 2.2% | 43 | House |
| 6 | Tanawha | Sunshine Coast | $1,598,000 | 1.9% | 41 | House |
| 7 | Peachester | Sunshine Coast | $977,000 | -0.9% | 39 | House |
| 8 | Eumundi | Sunshine Coast | $1,210,000 | 4.1% | 38 | House |
| 9 | Doonan | Sunshine Coast | $1,762,000 | 3.1% | 35 | House |
| 10 | Woombye | Sunshine Coast | $835,000 | -1.6% | 34 | House |
| 1 | Pelican Waters | Sunshine Coast | $866,000 | 1.7% | 31 | Unit |
| 2 | Currumbin Waters | Gold Coast | $736,000 | -0.1% | 24 | Unit |
| 3 | Mudgeeraba | Gold Coast | $727,000 | 4.8% | 23 | Unit |
| 4 | Burleigh Waters | Gold Coast | $734,000 | 1.9% | 23 | Unit |
| 5 | Twin Waters | Sunshine Coast | $1,203,000 | 4.6% | 22 | Unit |
| 6 | Broadbeach | Gold Coast | $789,000 | 4.5% | 22 | Unit |
| 7 | Elanora | Gold Coast | $687,000 | 1.2% | 22 | Unit |
| 8 | Currimundi | Sunshine Coast | $671,000 | -0.4% | 21 | Unit |
| 9 | Clear Island Waters | Gold Coast | $812,000 | 6.9% | 21 | Unit |
| 10 | Tugun | Gold Coast | $810,000 | 1.4% | 20 | Unit |
The underperforming Adelaide suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Beaumont | Adelaide – Central and Hills | $1,640,000 | 8.6% | 52 | House |
| 2 | Hawthorndene | Adelaide – South | $845,000 | 7.6% | 43 | House |
| 3 | Stirling | Adelaide – Central and Hills | $1,276,000 | 7.0% | 42 | House |
| 4 | Belair | Adelaide – South | $1,029,000 | 8.6% | 42 | House |
| 5 | Wattle Park | Adelaide – Central and Hills | $1,401,000 | 8.3% | 41 | House |
| 6 | Meadows | Adelaide – Central and Hills | $614,000 | 4.2% | 40 | House |
| 7 | Aldgate | Adelaide – Central and Hills | $1,278,000 | 5.5% | 39 | House |
| 8 | St Peters | Adelaide – Central and Hills | $1,968,000 | 4.7% | 36 | House |
| 9 | Crafers West | Adelaide – Central and Hills | $1,024,000 | 6.4% | 35 | House |
| 10 | Marleston | Adelaide – West | $809,000 | 8.3% | 33 | House |
| 1 | Kurralta Park | Adelaide – West | $391,000 | 7.7% | 24 | Unit |
| 2 | Hove | Adelaide – South | $578,000 | 5.7% | 22 | Unit |
| 3 | Richmond | Adelaide – West | $478,000 | 2.9% | 20 | Unit |
| 4 | Henley Beach South | Adelaide – West | $489,000 | 2.1% | 20 | Unit |
| 5 | Fullarton | Adelaide – Central and Hills | $595,000 | 2.6% | 20 | Unit |
| 6 | Somerton Park | Adelaide – South | $514,000 | 8.7% | 18 | Unit |
| 7 | Paradise | Adelaide – Central and Hills | $551,000 | 7.7% | 18 | Unit |
| 8 | Broadview | Adelaide – Central and Hills | $462,000 | 10.4% | 17 | Unit |
| 9 | Adelaide | Adelaide – Central and Hills | $487,000 | 4.4% | 17 | Unit |
| 10 | Mile End | Adelaide – West | $600,000 | 7.6% | 17 | Unit |
The underperforming regional South Australia suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Middleton | South Australia – South East | $916,000 | 9.5% | 22 | House |
| 2 | Goolwa North | South Australia – South East | $680,000 | 8.7% | 17 | House |
| 3 | Encounter Bay | South Australia – South East | $659,000 | 10.2% | 16 | House |
| 4 | Goolwa | South Australia – South East | $545,000 | 9.2% | 16 | House |
| 5 | Balaklava | Barossa – Yorke – Mid North | $320,000 | 8.8% | 14 | House |
| 6 | Risdon Park | Barossa – Yorke – Mid North | $309,000 | 9.4% | 14 | House |
| 7 | Robe | South Australia – South East | $585,000 | 6.4% | 13 | House |
| 8 | Barmera | South Australia – South East | $325,000 | 9.7% | 13 | House |
| 9 | Clare | Barossa – Yorke – Mid North | $429,000 | -1.1% | 12 | House |
| 10 | Goolwa Beach | South Australia – South East | $556,000 | 8.6% | 12 | House |
The underperforming Perth suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Carine | Perth – North West | $1,347,000 | 8.2% | 45 | House |
| 2 | Winthrop | Perth – South West | $1,166,000 | 12.5% | 44 | House |
| 3 | Alfred Cove | Perth – South West | $985,000 | 4.8% | 43 | House |
| 4 | Attadale | Perth – South West | $1,504,000 | 3.3% | 42 | House |
| 5 | Carine | Perth – North West | $1,096,000 | 7.0% | 41 | House |
| 6 | White Gum Valley | Perth – South West | $979,000 | 5.5% | 40 | House |
| 7 | Woodlands | Perth – North West | $1,313,000 | 4.2% | 39 | House |
| 8 | Floreat | Perth – Inner | $1,886,000 | 3.9% | 38 | House |
| 9 | Applecross | Perth – South West | $1,914,000 | 7.7% | 37 | House |
| 10 | East Fremantle | Perth – South West | $1,512,000 | 6.8% | 36 | House |
| 1 | Hillarys | Perth – North West | $632,000 | 3.7% | 19 | Unit |
| 2 | Currambine | Perth – North West | $376,000 | 7.2% | 19 | Unit |
| 3 | Applecross | Perth – South West | $743,000 | 6.5% | 19 | Unit |
| 4 | Palmyra | Perth – South West | $506,000 | 5.5% | 17 | Unit |
| 5 | Bicton | Perth – South West | $532,000 | 5.4% | 16 | Unit |
| 6 | Yokine | Perth – North West | $441,000 | 7.7% | 15 | Unit |
| 7 | Melville | Perth – South West | $592,000 | 6.1% | 14 | Unit |
| 8 | Nedlands | Perth – Inner | $683,000 | 8.4% | 14 | Unit |
| 9 | West Leederville | Perth – Inner | $437,000 | 6.6% | 13 | Unit |
| 10 | Mount Lawley | Perth – Inner | $423,000 | 4.7% | 13 | Unit |
The underperforming regional Western Australia suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Gelorup | Bunbury | $721,000 | 5.0% | 28 | House |
| 2 | Lower Chittering | Western Australia – Wheat Belt | $862,000 | 3.8% | 22 | House |
| 3 | Lower King | Western Australia – Wheat Belt | $490,000 | 7.3% | 15 | House |
| 4 | Bridgetown | Bunbury | $500,000 | 7.5% | 15 | House |
| 5 | York | Western Australia – Wheat Belt | $357,000 | 0.9% | 12 | House |
| 6 | Lockyer | Western Australia – Wheat Belt | $316,000 | 7.8% | 11 | House |
| 7 | Rangeway | Western Australia – Outback (South) | $174,000 | 7.5% | 11 | House |
| 8 | Mount Barker | Western Australia – Wheat Belt | $334,000 | 5.7% | 11 | House |
| 9 | Narrogin | Western Australia – Wheat Belt | $265,000 | 2.0% | 10 | House |
| 10 | Orana | Western Australia – Wheat Belt | $378,000 | 7.2% | 9 | House |
The underperforming Hobart suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Richmond | Hobart | $888,000 | -10.1% | 21 | House |
| 2 | Lauderdale | Hobart | $797,000 | -8.7% | 13 | House |
| 3 | Montrose | Hobart | $585,000 | -9.6% | 12 | House |
| 4 | Carlton | Hobart | $594,000 | -13.3% | 12 | House |
| 5 | Claremont | Hobart | $537,000 | -7.9% | 12 | House |
| 6 | Lenah Valley | Hobart | $762,000 | -8.8% | 12 | House |
| 7 | Dodges Ferry | Hobart | $590,000 | -13.0% | 11 | House |
| 8 | Rosetta | Hobart | $640,000 | -10.1% | 11 | House |
| 9 | Berriedale | Hobart | $564,000 | -8.8% | 11 | House |
| 10 | Chigwell | Hobart | $488,000 | -9.3% | 11 | House |
| 1 | Howrah | Hobart | $556,000 | -13.6% | 8 | Unit |
| 2 | Kingston | Hobart | $563,000 | -9.3% | 8 | Unit |
| 3 | Oakdowns | Hobart | $539,000 | -11.0% | 7 | Unit |
| 4 | Sandy Bay | Hobart | $673,000 | -10.1% | 5 | Unit |
| 5 | Blackmans Bay | Hobart | $585,000 | -14.3% | 4 | Unit |
The underperforming regional Tasmania suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | West Launceston | Launceston and North East | $625,000 | -2.4% | 12 | House |
| 2 | Waverley | Launceston and North East | $358,000 | -1.3% | 12 | House |
| 3 | Ravenswood | Launceston and North East | $343,000 | -3.3% | 11 | House |
| 4 | Legana | Launceston and North East | $673,000 | -0.5% | 10 | House |
| 5 | Penguin | West and North West | $552,000 | -2.6% | 10 | House |
| 6 | Ranelagh | South East | $674,000 | 0.2% | 10 | House |
| 7 | Cygnet | South East | $647,000 | -2.8% | 10 | House |
| 8 | Riverside | Launceston and North East | $606,000 | -1.1% | 9 | House |
| 9 | St Leonards | Launceston and North East | $533,000 | -2.6% | 9 | House |
| 10 | Beaconsfield | Launceston and North East | $402,000 | 0.5% | 9 | House |
| 1 | Newnham | Launceston and North East | $374,000 | -2.2% | 5 | Unit |
| 2 | Latrobe | West and North West | $431,000 | -5.9% | 5 | Unit |
| 3 | Prospect Vale | Launceston and North East | $448,000 | -2.7% | 5 | Unit |
| 4 | Launceston | Launceston and North East | $519,000 | -1.6% | 3 | Unit |
| 5 | Riverside | Launceston and North East | $458,000 | -6.4% | 3 | Unit |
The underperforming Darwin suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Millner | Darwin | $533,000 | -5.8% | 15 | House |
| 2 | Wagaman | Darwin | $515,000 | -3.7% | 15 | House |
| 3 | Leanyer | Darwin | $578,000 | -1.8% | 10 | House |
| 4 | Anula | Darwin | $515,000 | -5.4% | 10 | House |
| 5 | Ludmilla | Darwin | $625,000 | -6.5% | 10 | House |
| 6 | Jingili | Darwin | $543,000 | -7.7% | 9 | House |
| 7 | Moulden | Darwin | $369,000 | -2.3% | 9 | House |
| 8 | Rapid Creek | Darwin | $737,000 | -8.4% | 9 | House |
| 9 | Karama | Darwin | $451,000 | -4.9% | 9 | House |
| 10 | Alawa | Darwin | $518,000 | -6.1% | 8 | House |
| 1 | Leanyer | Darwin | $328,000 | -7.6% | 9 | Unit |
| 2 | Malak | Darwin | $298,000 | -6.4% | 8 | Unit |
| 3 | Brinkin | Darwin | $379,000 | -2.8% | 6 | Unit |
| 4 | Marrara | Darwin | $339,000 | -8.1% | 6 | Unit |
| 5 | Darwin City | Darwin | $412,000 | -3.9% | 6 | Unit |
| 6 | Karama | Darwin | $268,000 | -4.2% | 6 | Unit |
| 7 | Fannie Bay | Darwin | $481,000 | -3.9% | 5 | Unit |
| 8 | Driver | Darwin | $278,000 | -6.6% | 5 | Unit |
| 9 | Parap | Darwin | $396,000 | -3.9% | 5 | Unit |
| 10 | Johnston | Darwin | $363,000 | -1.2% | 5 | Unit |
The underperforming regional NT suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Desert Springs | Northern Territory – Outback | $703,000 | -5.7% | 4 | House |
| 2 | Braitling | Northern Territory – Outback | $476,000 | -4.9% | 4 | House |
| 3 | Larapinta | Northern Territory – Outback | $432,000 | -5.0% | 3 | House |
| 4 | Sadadeen | Northern Territory – Outback | $437,000 | -4.1% | 3 | House |
| 5 | East Side | Northern Territory – Outback | $515,000 | -4.3% | 3 | House |
The underperforming ACT suburbs with the strongest buyer demand
| Suburb | Region | Median value (AVM) | YoY change | Key enquiries per listing | Property type | |
| 1 | Holt | Australian Capital Territory | $767,000 | -2.4% | 14 | House |
| 2 | Flynn | Australian Capital Territory | $870,000 | -1.5% | 13 | House |
| 3 | Giralang | Australian Capital Territory | $894,000 | -0.9% | 11 | House |
| 4 | Kaleen | Australian Capital Territory | $973,000 | -1.2% | 11 | House |
| 5 | Dunlop | Australian Capital Territory | $847,000 | -4.2% | 11 | House |
| 6 | Holder | Australian Capital Territory | $949,000 | -1.8% | 10 | House |
| 7 | Duffy | Australian Capital Territory | $962,000 | -2.4% | 10 | House |
| 8 | Latham | Australian Capital Territory | $807,000 | -1.1% | 10 | House |
| 9 | Nicholls | Australian Capital Territory | $1,182,000 | -1.1% | 10 | House |
| 10 | Ngunnawal | Australian Capital Territory | $782,000 | -0.8% | 9 | House |
| 1 | Narrabundah | Australian Capital Territory | $600,000 | -1.5% | 8 | Unit |
| 2 | Calwell | Australian Capital Territory | $617,000 | -1.6% | 6 | Unit |
| 3 | Ngunnawal | Australian Capital Territory | $626,000 | -5.1% | 6 | Unit |
| 4 | Macquarie | Australian Capital Territory | $550,000 | -1.9% | 6 | Unit |
| 5 | Watson | Australian Capital Territory | $569,000 | -4.7% | 5 | Unit |
| 6 | Casey | Australian Capital Territory | $662,000 | -3.2% | 5 | Unit |
| 7 | Harrison | Australian Capital Territory | $539,000 | -2.6% | 4 | Unit |
| 8 | Hawker | Australian Capital Territory | $396,000 | -2.0% | 4 | Unit |
| 9 | Braddon | Australian Capital Territory | $541,000 | -3.5% | 4 | Unit |
| 10 | Reid | Australian Capital Territory | $531,000 | -3.0% | 4 | Unit |
