Follow the Infrastructure Trail

One of the surest ways to predict where future real estate demand will be is to follow the infrastructure and development trail.

The latest development round up from PlanTrack labels the development climate in Queensland, Western Australia, Victoria, New South Wales and South Australia as “exceptional”.

It says the Tasmania development climate is “strong” and the Northern Territory is “growing”.

Suburbs leading development activity during the month in Queensland include Birkdale, Cleveland, Southport, Surfers Paradise, Mermaid Waters, Russell Island.

In Western Australia it is Booragoon, Bicton, Applecross, Palmyra, Bayswater and Morley.

In New South Wales it is Austral, Sydney, Dubbo, Orange, Dubbo, Port Macquarie.

In Victoria it is Lucas, Mildura, Benalla, Ferntree Gully, Sebastopol and Coburg North.

In South Australia it is Angle Vale, Mount Barker, Adelaide, Morphett Vale, Mount Gambier and Munno Para West.

Within Tasmania the most development applications are being lodged in Hobart, Bay, Sandy Bay, Town, New Town and Dynnyrne and in the Northern Territory it is in Berrimah, Zuccoli, Hugh, Nightcliff, Cossack and East Side.