Using a series of forward-looking indicators the Rising Stars report forecasts the prospects for annual price growth in each of the nation’s major market jurisdictions.
It ranks 14 jurisdictions nationally – comprising eight capital cities and six regional states and territories – based on five key metrics. These are sales volumes, quarterly price growth, vacancy rates, rental growth and infrastructure spending.
Each of the 14 market jurisdictions is ranked from one to 14 on each of the five metrics. These rankings are then used to determine an overall ranking for each of the jurisdictions.
We have also identified 110 ‘Rising Star’ suburbs across the country. These have been selected based on outperformance in each of the five metrics.