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As part of Hyundai’s plan to capture a bigger slice of the youth market, the company is set to bring in the new Veloster for an Australian launch before the end of 2011.

The sporty and aggressively styled Hyundai Veloster is currently on display near the Sydney Opera House as part of Hyundai’s sponsorship of the YouTube symphony orchestra.

Much like the Mini Cooper Clubman, the Veloster makes use of a peculiar three-door design. Unlike the Clubman though, the Veloster will have the third door placed appropriately on the left hand side for the Australian market.

Although details are so far sketchy, we believe Hyundai will launch a performance version of the Veloster in due time, with a possibility of a 2.0-litre engine or a 1.6-litre turbo.

The first variants to be launched will be powered by an all-new 1.6-litre direct-injected four-cylinder engine. Buyers will be able to pick from either a six-speed manual or a six-speed dual-clutch automatic transmission (a first for Hyundai).

CarAdvice got to briefly sit inside a right-hand drive version of a Veloster and can report that its interior build quality was top-notch. It will include Bluetooth and a full compliment of safety features. The sporty seats were conformable but the rear headroom was a little short.

The use of a conventional third door instead of a suicide door also helps make getting in and out of the Veloster much easier.

Expect a whole heap more news on the Hyundai Veloster over the course of this year.