The suburbs where buyer demand is surging

The Australian property market is cooling off as a whole, but there are always markets within markets. In dozens of locations around the country, buyer demand is still heating up. 

PropTrack data shows that there are plenty of suburbs where, in the 12 months to June, the number of potential buyers per listing has exploded by up to 480 per cent. 

Did your suburb make the cut? Find out where buyers are flocking to in Australia's four biggest cities. 

Sydney suburbs with an influx of buyers

The nation's most expensive market has taken the biggest hit to prices since interest rates started rising in May, although the correction is coming after staggering growth over the past two years. 

Despite the cooldown, buyer demand has shot up in dozens of suburbs over the year to June 30, 2022. 

Sydney's most in-demand suburbs - houses

Houses in the inner-Sydney suburb of Potts Point are seeing close to three times the number of potential buyers per listing than they were in the 12 months prior. 

Demand in Cattai in the city's north-western outskirts also more than doubled, and nearby Catherine Field and Lower Macdonald also saw an increase approaching 100 per cent. 

Sydney's most in-demand suburbs - units

In the unit market, the affluent outer suburb of Denham Court, usually reserved for lavish houses, saw a 480 per cent uptick in demand for apartments. 

Sitting between the Upper North Shore and Northern Beaches, Belrose also experienced a surge in unit interest of 136 per cent, while interest in Erina and Stanhope Gardens more than doubled. 

Note: the above data looks at the number of buyers per property listing over the period of 30 June 2021 to 30 June 2022. Source: PropTrack

Southeast Queensland suburbs with an influx of buyers

The housing boom in Southeast Queensland was extended longer than most markets thanks to superior affordability, massive amounts of interstate migration and long-term investment prospects. 

Brisbane prices have just started to decline, but even so there are many hotspots that are drawing more and more buyers to the market. 

Southeast Queensland's most in-demand suburbs - houses

In regional locations like Coominya and Springfield, buyer interest more than tripled in the 12 months to June. The same can be said for Pallara in Brisbane's south. 

Toogoolawah, Karragarra Island and Dugandan outside the city also came close to increasing buyer demand by 200 per cent.

Southeast Queensland's most in-demand suburbs - units

Samford Village in Moreton Bay topped the list for units with nearly three times the number of buyers per listing, followed by Logan Central and nearby Greenbank. 

Note: the above data looks at the number of buyers per property listing over the period of 30 June 2021 to 30 June 2022. Source: PropTrack

Melbourne suburbs with an influx of buyers

Like Sydney, Melbourne has been first to begin winding back some of the historic gains made up through this recent boom. 

While affordability remains an issue in the city as interest rates tighten budgets, further from the CBD you'll find a number of locations where keen buyers are increasingly heating things up. 

Melbourne's most in-demand suburbs - houses

Houses in regional areas to the east of Melbourne like Lang Lang, Chum Creek and Officer South are all drawing substantially more buyers per listing over the 12 months to June 2022 as more city dwellers seek a tree change. 

Mambourin, Strathtulloh and Weir Views to Melbourne's far west have also seen demand increase by well over 50 per cent. 

Melbourne's most in-demand suburbs - units

Units in central Melbourne have had a notoriously tough time through the pandemic. Further afield, that's definitely not the case. In Narre Warren South in the south-east, demand has more than tripled over 12 months. 

The town of Whittlesea has also seen a doubling in interest, while flats in Deanside, Lynbrook and Kalkallo have all neared that 100 per cent uptick mark. 

Note: the above data looks at the number of buyers per property listing over the period of 30 June 2021 to 30 June 2022. Source: PropTrack

Adelaide suburbs with an influx of buyers

South Australia has been the runaway success of 2022. While prices in most markets are now entering the red, Adelaide's strong growth has continued. 

That's demonstrated in the strong numbers shown when it comes to demand as owner-occupiers and investors alike find value in one of the country's most affordable cities. 

Adelaide's most in-demand suburbs - houses

Houses in Allenby Gardens, an inner western suburb of Adelaide, are experiencing incredible levels of demand, with buyers per listing surging by over 350 per cent in the 12 months to June 2022. 

Hillier and Evanston South in Adelaide's north have also seen buyer interest more than triple, while Meadows in the Adelaide Hills and Virginia up by Edinburgh Airport are also major hotspots. 

Adelaide's most in-demand suburbs - units

Adelaide units in are also attracting flocks of buyers in every direction. Apartments in Woodforde and Aberfoyle Park saw demand increase threefold. 

Seven other suburbs experienced a doubling or more of demand including North and South Plympton, Lockleys and Enfield. 

Note: the above data looks at the number of buyers per property listing over the period of 30 June 2021 to 30 June 2022. Source: PropTrack