According to Subaru Australia, a local debut hasn't been confirmed, but its appearance at this year's Australian International Motor Show in Melbourne was described by the company's local arm as "a big hit."
With the current Impreza range already featuring a high-riding XV variant, it appears likely that the new XV will join the line-up.
Production specifications have yet to be revealed, but in concept form, the XV is powered by Subaru's new third-generation 2.0 litre boxer engine. With the same engine driving the new Impreza range, it's likely that it will carry over into the production XV.
Watch for more details to be revealed at Frankfurt.