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Looking at rental growth and vacancy rates around the capital cities, shows Hobart and Canberra ahead. The new edition of Hotspotting's National Top 10 Best Buys highlights changes in markets nationwide as the attention switches to smaller cities. Terry explodes the real estate myth that you have to buy in the inner-city areas to get the best capital growth, demonstrating that it's the cheaper suburbs that are performing the best. New house building is keeping the level of dwelling construction high, despite the fall-off in the unit sector. Terry examines the extraordinary price growth in the outer ring suburbs of Melbourne in the past 12 months. How population growth and economic performance are closely linked to the performance of the local property market. Mainstream media has declared the end of the Melbourne boom a couple of times in the recent past: once in December 2016 and again June 2017. Both claims resulted from monthly price changes published by CoreLogic. And both times they were wrong. Population growth and economic performance are strongly linked, leading to outcomes in real estate markets. Hobart now leads on price growth, as home values rise to almost $7 trillion, according to the ABS. Research on price growth over time often contradicts long-held beliefs about where you get the best growth.
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Next ›
Hobart and Canberra Lead On Rental Growth
Investor Focus Moves To Smaller Cities
Hotspotting Podcast | Episode 40: Cheaper areas showing best growth
Houses Keep Building Levels High
Hotspotting Podcast | Episode 39: Melbourne Outer Ring Growth
Hotspotting Podcast | Episode 38: Links between population, economy and property - April 2018
Hotspotting Podcast | Episode 37: Monthly Changes in Prices - March 2018
Population Pivotal For Economy And Property
Aussie Homes Now Worth $7 Trillion
Hotspotting Podcast | Episode 36: Growth data for four 5yr periods - March 2018
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