A new report on real estate price growth forecasts in Australia for 2026 revealed that Brisbane, Hobart, and regions across Tasmania are expected to lead the list of the fastest-growing markets.
The report examined 14 major markets, including capital cities and regional areas, focusing on indicators such as sales volumes, vacancy rates, rental growth, and infrastructure spending.
According to Terry Ryder, founder of Hotspotting, Hobart is entering a new upward cycle after a period of pause. The city is benefiting from some of the most affordable home prices among Australian capitals, alongside strong sales activity, properties selling above asking prices, and extremely low vacancy rates.
The report also listed three suburbs in Tasmania among the top ten national suburbs for expected growth: Norwood in Launceston, as well as Moonah and Claremont in Hobart, where rising demand and limited supply are particularly noticeable, especially in the property segment priced below AUD 750,000.
Local real estate agents noted that listed properties are selling quickly, often at or above asking prices. This momentum is supported by market confidence and strong demand from local buyers and investors from other states, in addition to first-home buyer support programs.
According to the report, all 14 markets studied are experiencing strong demand factors likely to push prices higher in 2026. With local investors and young families continuing to search for opportunities, the market remains volatile but shows promising growth potential.
