According to the SMH Domain last weekend, the following are "red hot" suburbs which have made the list based on criteria including; auction clearance rates, no. of days on the market before selling(the less the "hotter" the suburb), cg rate over last 12mths and long term historical cg rates. The projection also forecasts 10%+ cg over the impending 12 mths. They include: North Willoughby Pymble Bayview Balmain East Edgecliff Tamarama Not a huge list but I can attest to Willoughby and Pymble being popular at the moment, as I have clients looking in these areas- listings still aren't as numerous for this time of year, and with stock low, buyers are spending! Two semis in Willoughby recently sold for over the $1m mark (one at $1.08m and the other $1.125m) when price guides were quoted in the early to mid $900K's. Best to secure property prior to auction with this type of activity in the marketplace.