Tasmania houses top property hotspot
By
Luke Cornish
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12/03/2010 12:00:00 AM
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Over the past decade Oakdowns in Hobart has recorded 34.6% average annual price growth according to research by RP Data.
More than half the top 20 capital city suburbs were in Perth showing that the minerals boom has helped increase the wealth of West Australians.
Sydney had four suburbs in the top 20 with Darwin and Hobart each contributing two entries and Melbourne just one.
Outside the capital cities, Silkwood in north Queensland came first after posting 35% median price growth.
NSW had the most regional property hotspots with eight towns making the top 20 followed by Queensland with five and Tasmania and WA with two each.
Northern Territory, South Australia and Victoria all had just one regional area in the top 20.
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