Where Buyer Demand Is Surging

Australia’s most in-demand suburbs aren’t your usual suspects, according to analysis by PropTrack.  

It says homebuyers are shifting their searches to emerging locations that offer a more affordable lifestyle.  

REA Group senior economist Paul Ryan analysed views per online listing to find the locations where buyers were increasingly looking compared to last year.  

The most in-demand suburb for houses was Viveash – about 16 kilometres east of the Perth CBD – where demand is up 163% on the same time last year.  

Lochinvar in New South Wales (up 101%) is next, while in Western Australia, the top location is Cardup (up 92%), and in Queensland, searches in Shoal Point are up 86%.

Searches are up 55% in Crafers in South Australia, while in East Bairnsdale in Victoria, searches are up 43%.  

Ryan says the increase in searches comes as new listings have surged throughout the spring selling season.  

“New listings were 20.9% higher nationally in October month-on-month and 14% higher year-on-year,” he says.  

“The property market has a lot of momentum going into 2025, so the big question is what happens when rates start to fall, and my expectation is that it will bring even more buyers o