The ideal way to do it is to set dependency versions as properties in pom.xml and then running the below command to get the updated versions for your specific/custom dependencies.
<properties>
<java.version>1.8</java.version>
<project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
<project.reporting.outputEncoding>UTF-8</project.reporting.outputEncoding>
<skip.tests>true</skip.tests>
<spring-cloud-gcp.version>1.2.3.RELEASE</spring-cloud-gcp.version>
<spring-cloud.version>Hoxton.SR6</spring-cloud.version>
<spring-cloud-stream-schema.version>2.2.1.RELEASE</spring-cloud-stream-schema.version>
<confluent.version>5.5.1</confluent.version>
<avro.version>1.10.0</avro.version>
<janino.version>3.1.2</janino.version>
<swagger.version>2.9.2</swagger.version>
<google-cloud-logging-logback.version>0.118.1-alpha</google-cloud-logging-logback.version>
<spring-cloud-stream-binder-kafka.version>3.0.6.RELEASE</spring-cloud-stream-binder-kafka.version>
</properties>
mvn versions:display-property-updates
[INFO] The following version properties are referencing the newest available version:
[INFO] ${avro.version} .............................................. 1.10.0
[INFO] ${spring-cloud-stream-schema.version} ................. 2.2.1.RELEASE
[INFO] ${janino.version} ............................................. 3.1.2
[INFO] The following version property updates are available:
[INFO] ${spring-cloud-gcp.version} .......... 1.2.3.RELEASE -> 1.2.5.RELEASE
[INFO] ${google-cloud-logging-logback.version} 0.118.1-alpha -> 0.118.2-alpha
[INFO] ${spring-cloud-stream-binder-kafka.version} 3.0.6.RELEASE -> 3.0.8.RELEASE
[INFO] ${confluent.version} ................................. 5.5.1 -> 6.0.0
[INFO] ${swagger.version} ................................... 2.9.2 -> 3.0.0
[INFO] ${spring-cloud.version} .................... Hoxton.SR6 -> Hoxton.SR8
[INFO]
[INFO] ------------------------------------------------------------------------
[INFO] BUILD SUCCESS
[INFO] ------------------------------------------------------------------------
[INFO] Total time: 3.572 s
[INFO] Finished at: 2020-10-06T09:35:08-07:00
[INFO] ------------------------------------------------------------------------
Another way to achieve this is by executing the command mvn versions:display-dependency-updates
but the problem I face with this approach is that it also shows me updates for the nested dependencies which are not too useful for me.