Keeping up with the property market is key to maintaining your edge in providing sound advice to clients, many of whom will be looking to buy property for investment reasons.
sister publication Your Investment Property
has revealed its highly anticipated Top 100 Suburbs report – the annual guide to the best areas to invest. Selected from more than 15,000 suburbs across Australia, this year’s Top 100 list consists of areas that are forecast to see strong capital growth in the short term as well as offer sustainable long-term investment potential.
NSW was the clear winner among the states once again with 43 suburbs in the Top 100, including six in the top ten. After topping the capital cities last year, Perth only managed 13 suburbs in this year’s list, making way for Sydney to emerge as the strongest capital city market. However, pole position was taken by New Farm east of Brisbane’s CBD as the Queensland capital continues to impress investors.
Managing editor of Your Investment Property
Nila Sweeney pointed out the Top 100 suburbs shouldn’t be confused with ‘hot spots’:
“We wanted to focus on long-term investment potential so we have deliberately excluded markets that were only likely to grow within the next five years,” she said. “So you won’t find isolated mining towns, speculator markets or future retirement havens on this list – what you will find are areas that have solid fundamentals, relatively low supply to high demand, and are comparatively more affordable than neighbouring areas.”
The Your Investment Property
Top 100 Suburbs 2014 report ranks each suburb based on their capital growth and rental return potential. It showcases in-depth analysis of the supply and demand situation for each suburb in addition to analysing the economic fundamentals that trigger price and rental growth. All in all, the annual suburb guide provides the most comprehensive analysis of the areas with the best investment prospects in Australia.
Where each of the Top 100 are by state:
- 43 suburbs from NSW
- 23 from Queensland
- 13 from Western Australia
- 14 from Victoria
- 4 from South Australia
- 3 from Northern Territory
For the complete guide to Australia’s best investment areas for 2014 including a detailed state-by-state analysis, pick up a copy of the latest Your Investment Property
on sale now at leading newsagents or visit www.yourinvestmentpropertymag.com.au
for more information.