On track: 10 suburbs set to boom from $1trn transport spend

New report ties transport mega-projects to capital growth potential across NSW, Queensland, and Victoria

On track: 10 suburbs set to boom from $1trn transport spend

News

By Mina Martin

While property values are softening across much of the country, a new report has flagged 10 suburbs positioned for growth thanks to what it calls the "largest and most sustained period of transport infrastructure investment" in the nation's history.

PropTrack data shows national home prices fell for a third consecutive month in June, down 0.3%, as the flow-through of three earlier 2026 rate rises continued to weigh on buyer activity.

Transport spend as a growth signal

The Roads to Riches Report, produced by Plenitude Wealth and Hotspotting, has mapped 664 transport infrastructure projects valued at more than $100 million each — either planned, in design, in pre-construction or under way — with a combined pipeline worth $1.02 trillion, news.com.au reported.

Plenitude Wealth founder Andrew Courtney said projects of this scale had a "massive" flow-on effect for real estate demand, driven largely by the employment they create nearby. "Real estate that lies in the path of progress usually has superior rates of capital growth," Courtney said.

A separate analysis of infrastructure-backed suburbs reached a similar conclusion, with REA Group senior economist Eleanor Creagh noting that large-scale projects "can expand the buyer pool and support stronger price growth over time."

New South Wales, Queensland, and Victoria are expected to see the strongest uplift, with the report naming 10 suburbs across those states, plus one in Tasmania, as standout opportunities.

Where the growth is tipped to land

NSW leads with four locations. Bankstown is set to benefit from an extended metro line and urban renewal, while Parramatta and St Marys are both riding Sydney's west-side infrastructure boom — Parramatta via the metro and light rail, and St Marys via an $11 billion transport hub linking trains, metro and buses to the new Western Sydney International Airport. Raymond Terrace, near Newcastle, is tipped to gain from the $2.1 billion Pacific Motorway extension.

Queensland's three picks include Woolloongabba, positioned near the $19.04 billion Cross River Rail project and slated for post-Olympics urban renewal, alongside Logan Central and Mountain Creek on the Sunshine Coast.

Victoria's two suburbs — Ballarat and Sunshine — are both set to benefit from major rail and road upgrades linking them to Melbourne, while Bridgewater in Tasmania rounds out the list following the opening of the $786 million Bridgewater Bridge.

Where demand could firm

Hotspotting founder Terry Ryder (pictured) said transport infrastructure stands out among growth drivers because it "dramatically improves connectivity," making suburbs more attractive to both renters and buyers. For brokers advising investor clients, these connectivity-driven markets may be worth flagging as areas where lending demand could firm even as broader price growth slows elsewhere.

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