New analysis from FOUNDIT has identified 30 regions that are the country’s hottest housing markets, based on a composite score weighing price growth, inventory levels, and selling speed.
The findings reveal a large geographic spread, with New South Wales contributing 10 markets to the list – more than any other state – while South Australia’s five entries make it the second-most represented location.
Palmerston in the Northern Territory is recording the fastest house price growth in Australia at 23.4 per cent annually, with just 0.9 months of stock on the market – conditions that are creating real headaches for agents trying to set accurate price guides.
“When inventory is measured in weeks rather than months, when comparable sales are being outpaced by the very market they’re supposed to anchor, and when buyer urgency is compressing campaign timelines, the task of setting an accurate and defensible price guide becomes genuinely difficult,” the research said.
In several of the listed markets, the modelling suggests prices are shifting by anywhere from $5,000 to more than $50,000 per month.
North Sydney – Mosman tops the monthly movement estimates at $52,083, based on its 8.6 per cent annual growth and $3.75 million median.
The Northern Territory’s Darwin Suburbs ($9,553 per month) and Palmerston ($12,347 per month) are moving at a pace that could see properties worth meaningfully more between listing and settlement.
Sydney’s outer west is particularly prominent on the list.
St Mary’s recorded 16.4 per cent annual growth with just 1.1 months of supply, while Mount Druitt posted 13.5 per cent growth.Â
Both markets have median prices under $1.2 million, suggesting the heat isn’t confined to premium postcodes.
South Australia’s markets stand out for selling speed rather than price point.
Every Adelaide SA3 on the list – Burnside, Unley, Port Adelaide – East, Tea Tree Gully, and Onkaparinga – is recording median days on market of 21 days or fewer, among the fastest-selling corridors nationally.
Victoria’s five entries include inner Melbourne’s Brunswick – Coburg (9.7 per cent growth, 1.8 months supply) alongside regional Mildura, which posted the state’s strongest annual growth at 20.4 per cent on a median of $525,100.
Queensland placed three markets on the list. Chermside in Brisbane’s north recorded 19.4 per cent annual growth with prices estimated to be moving at $24,640 per month.
Tasmania’s contribution includes Launceston, which is showing signs of recovery with 12.2 per cent annual growth – a meaningful turnaround for the state’s second city.
The ACT’s Woden Valley recorded 14.7 per cent growth with an estimated monthly price movement of $22,831.
