Melbourne Suburbs Dominate National Growth Index
Melbourne has taken the lead in a newly released list of Australia’s top 50 ‘turbocharged’ suburbs for property price growth.
At the very top of the list is Frankston, long considered an affordable entry point for homebuyers—though perhaps not for much longer.
According to the Hotspotting Winter 2025 Price Predictor Index, Melbourne suburbs claimed 18 out of 50 spots, outperforming regions in:
- Gold Coast
- Adelaide
- Darwin
- Southern Sydney
Frankston’s Rise: From Underrated to Unmissable
The result marks a huge win for Frankston, which Melbourne Property Advocates director Simon Murphy described as going “gangbusters.”
“They’re putting up big apartments, office buildings, the hospital’s been redone … zoning’s been upgraded to three, six storeys in some areas,” he told realestate.com.au.
“They’re really trying to make Frankston the place to be. You really need a purchase price of $800,000 just to get a look into the market.”
Demand Overflowing Into Surrounding Areas
Strong demand in Frankston is also pushing buyers into nearby suburbs like:
- Carrum Downs
- Langwarrin
- Werribee
“Langwarrin’s very family-focused. Carrum Downs has stigma but great value — four-bed homes on good land, double garages,” Murphy said.
“Werribee’s still under $600,000 and just 10 minutes further than Melton. It’s still affordable.”
