Costs have jumped quickly in lots of inexpensive suburbs this yr, however the record of suburbs with the strongest value development is outlined by one metropolis’s exceptional comeback.
A lot of the Australian suburbs the place home costs grew quickest this yr have been on the inexpensive finish of the market, with all however one of many prime 10 suburbs having a median home value beneath $1 million.
However six out of the highest 10 suburbs have been concentrated in a single capital metropolis that’s risen by way of the ranks to supply outsized returns for traders after years of underperformance.
Darwin dominated this yr’s record of suburbs the place home costs rose quickest – a big turnaround after town languished for years in the direction of the underside of the home value development desk.
High 10 suburbs the place home costs rose quickest in 2025
| Suburb | State | Median worth (AVM) | 12-month development | |
| 1 | Grey | NT | $582,000 | 46% |
| 2 | Moulden | NT | $571,000 | 45% |
| 3 | Rangeway | WA | $382,000 | 42% |
| 4 | Woodroffe | NT | $618,000 | 41% |
| 5 | Spalding | WA | $461,000 | 39% |
| 6 | Port Pirie West | SA | $287,000 | 38% |
| 7 | Driver | NT | $607,000 | 38% |
| 8 | Bakewell | NT | $660,000 | 35% |
| 9 | Chidlow | WA | $1,000,000 | 34% |
| 10 | Karama | NT | $611,000 | 33% |
The record of fastest-growing suburbs was topped by Grey, a suburb the place values surged by a formidable 46% in simply 12 months.
The inexpensive suburb, with a median home value of $582,000, is positioned in Darwin’s Palmerston area, which has been focused by traders in search of low-cost properties with excessive rental returns.
The info used PropTrack’s automated valuation mannequin (AVM) to find out a suburb’s median home or unit worth.
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Grey in Darwin topped the record of Australian suburbs with the quickest value development in 2025. Image: realestate.com.au/bought
Different suburbs within the Palmerston area, together with Moulden, Woodroffe, Driver and Bakewell, additionally made the highest 10 record, with value development starting from 34-45%.
Properties within the Palmerston area have among the many highest gross rental yields within the nation, with low buy costs and excessive weekly rents proving a gorgeous prospect for a lot of traders.
Darwin’s property market has been a standout in 2025, with values surpassing the earlier peak reached in early 2022 and rising to new highs amid a scarcity of houses available on the market.
Investor increase drives value development
REA Group senior economist Anne Flaherty mentioned the surge in purchaser demand in Darwin was pushed by each traders and first-home patrons.Â
“Darwin has emerged as an investor scorching spot over the previous yr, with the NT seeing double the variety of new mortgage commitments to traders over the 12 months ending September, in comparison with the earlier 12-month interval,” she mentioned.
“Buyers aren’t the one patrons lively in Darwin, with new loans to first-home patrons up 46% within the NT, evaluating the September quarters of 2025 and 2024. This was the strongest development in loans to first-home patrons seen over the previous yr.”
Elevated investor demand in Darwin has resulted in costs surging in quite a few inexpensive suburbs, resembling Moulden. Image: realestate.com.au/bought
Darwin actual property agent and Monsoon Actual Property principal Joshua Pucci mentioned the speedy value development in a few of Darwin’s most cost-effective suburbs had created difficult situations for first-home patrons.
“Buyers have been snapping up properties in these suburbs actually low-cost, within the $400,000 vary,” he mentioned. “Then the market began rising and rose fairly fast.
“Native patrons are actually trying in these suburbs with a $600,000 mortgage utilizing the 5% deposit scheme.
“For first-home patrons, these are the one actual suburbs they’ll get into.”
Mr Pucci mentioned ongoing infrastructure and mining tasks within the Northern Territory meant there was a robust outlook for Darwin’s property market within the yr forward.
“It’s been a sleeping big,” he mentioned. “I believe it’s nonetheless obtained loads of development.”
Low-cost homes in Rangeway in Geraldton are getting spruced up and flipped by traders, serving to carry dwelling values. Image: realestate.com.au/bought
Different suburbs that made the highest 10 record included Rangeway, a suburb of Geraldton in Western Australia the place inexpensive properties are usually flipped by traders in search of a fast revenue, in addition to Spalding within the metropolis’s north.
Home costs additionally rose quickly this yr in Port Pirie West in South Australia, in addition to Chidlow, a small city within the Perth Hills.
North Plympton in Adelaide’s southwest had the yr’s quickest unit value development, with values rising 36% in 12 months.
Different prime performers within the unit market embody inside Perth suburbs Wembley, Osborne Park, Maylands and Mount Lawley, in addition to suburbs in Townsville and Rockhampton.
High 10 suburbs the place unit costs rose quickest in 2025
| Suburb | State | Median worth (AVM) | 12-month development | |
| 1 | North Plympton | SA | $775,000 | 36% |
| 2 | Bakewell | NT | $416,000 | 34% |
| 3 | Frenchville | QLD | $438,000 | 34% |
| 4 | Wembley | WA | $535,000 | 34% |
| 5 | Osborne Park | WA | $618,000 | 33% |
| 6 | Maylands | WA | $643,000 | 32% |
| 7 | Mount Lawley | WA | $682,000 | 32% |
| 8 | Aitkenvale | QLD | $395,000 | 32% |
| 9 | Norman Gardens | QLD | $445,000 | 32% |
| 10 | Rosslea | QLD | $376,000 | 32% |
These cities have had among the strongest home value development up to now few years, and now that robust demand has spilled over into the unit market, with some patrons have been shifting focus to extra inexpensive properties.
“Total, the NT, WA, and Queensland dominate in relation to finest performing suburbs,” Ms Flaherty mentioned.
“Particularly, extra inexpensive suburbs have been the stand outs, with affordability constraints pricing a rising variety of patrons out of many areas.”
Patrons flock to inexpensive pockets in massive cities
Sydney’s prime suburbs for home value development have been principally discovered within the metropolis’s more-affordable west, particularly within the Blacktown and Fairfield native authorities areas.
Japanese Creek and Tregear had the quickest home value development at 22%, adopted by Bonnyrigg Heights, Wakeley and Whalan (up 21%).
The median home worth in Lethbridge Park in Sydney’s west has climbed by 20% up to now yr. Image: realestate.com.au/bought
Unit value development adopted the same sample, with Blacktown suburbs resembling Ropes Crossing (up 23%)Â and Lethbridge Park (up 20%) ranked extremely.Â
However there was additionally robust development recorded in southern and jap suburbs resembling Sylvania (up 26%), Edgecliff (up 22%) and Engadine (up 19%).
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Melbourne’s prime suburbs for home value development have been concentrated in two key components of town.
Within the north, the quickest rising suburbs included Coolaroo (up 17%), Dallas (up 16%), Meadow Heights and Campbellfield (each up 15%).
Within the south, Frankston North (up 18%) Carrum Downs (up 15%) had probably the most speedy positive factors.
Actual property agent Mark Burke of OBrien Actual Property Frankston mentioned each first and second-home patrons have been competing with traders for inexpensive houses in Frankston North.
“Plenty of them are mum and pa traders,” he mentioned. “They’re coming from throughout Australia, and now we’ve obtained among the nationwide purchaser’s businesses shopping for right here too.”
Frankston North was one among Melbourne’s prime suburbs for value development, with costs rising because of robust competitors for inexpensive properties. Image: realestate.com.au/bought
It was the same scenario in Brisbane, with most of the prime suburbs for home value development discovered within the more-affordable Ipswich area to town’s west, together with One Mile (up 28%), Wacol (up 28%) and Dinmore (up 27%).
However it was southern suburbs with spacious, leafy properties resembling Buccan (up 31%) and Logan Village (up 29%) that topped the record.
Ms Flaherty mentioned expanded first-home purchaser incentives had helped help demand for less-expensive properties.
“The federal authorities’s Dwelling Assure Scheme, which allows all first-home patrons to buy on as little as a 5% deposit inside a value threshold, is anticipated so as to add additional gasoline to cost development within the extra inexpensive market segments,” she mentioned.
