Hot property areas as housing market heats up with mortgage business surge ahead of the election.

Melbourne and Canberra were the hot property standout performers in a mixed bag of capital city housing price increase results for the June quarter while home unit and apartment prices are improving nationwide.
Melbourne house prices jumped 6.5 per cent to a median of $398,217, the strongest growth in six years, according to researcher Australian Property Monitors.
But it was a different story in other capitals.
Prices in Hobart falling 1.6 per cent and Perth's housing bubble deflating at a rate of 0.2 per cent.
Sydney inched along with growth of 1.1 per cent, though apartments turned in a better result with prices rising 2.2 per cent.
"Melbourne, Canberra and Brisbane property markets are booming," APM general manager Michael McNamara said.
Prime property is hot
The growth is being driven by the premium end of the market while many outer suburban areas suffer, particularly in Sydney.
Canberra recorded the best growth of all, with 7.4 per cent for the quarter and a surge of 17.6 per cent over the year, taking the median price to $319,587, according to APM.
In Brisbane, prices jumped four per cent for the quarter, or 12.8per cent for the year.
In Melbourne's inner urban area, which includes suburbs such as Malvern, Port Melbourne and St Kilda, prices grew 10.7 per cent for the quarter.
Prahran recorded a massive 22 per cent jump based on 63 sales, Mr McNamara said.
Inner-city heats up
Melbourne's inner south market was also on the boil, with 11.5 per cent growth in house prices, for the quarter.
"It's difficult to see that this heat will be as sustained as in the first three years of this decade," Mr McNamara said.
"It's more likely a six to 12-months phenomenon," he said.
"Low stock levels mean that more cashed-up buyers are competing fiercely for a smaller pool of available properties on the market.
"First-home buyers are also competing with investors trying to take advantage of increasing gross rental yields."
Clearance rates improving
JP Morgan chief economist Stephen Walters said auction clearance rates - about 80 per cent in the past few weekends - pointed to better fortunes in Melbourne.
Mr Walters said investors were likely to be a major factor in the price growth with Melbourne's median price still about $100,000 lower than Sydney.
Adrian Fini, executive director, development, for Mirvac Group, one of Australia's largest apartment developers, said Melbourne residential prices and turnover had been recovering throughout the first half of this year.
While the Sydney market, apart from the strong top end, had been flat, the beginnings of a turnaround were expected later this year, Mr Fini said.Source: The Australian