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Australia’s Investment Hot Spots

A unit for sale a Station St, Subiaco Western Australia. The suburb is tipped for strong growth in the next five years. A unit for sale a Station St, Subiaco Western Australia. The suburb is tipped for strong growth in the next five years. Picture: realestate.com.au   Source: Supplied Mr Edwards believes consumer sentiment will change towards the end of this year. “This will mean changes in the recent strong national growth trends,’’ he says. “Property investors will need to be cautious about which suburbs they invest in — particularly in inner city areas, which will deliver a very mixed range of returns. “Stable growth never occurs in a linear way. Overall, we expect to see a fall in growth by the end of the year, followed by two to three years of minimal to zero growth. Then by 2018, we are expecting to see a return to strong growth rates.” Top housing performers to 2019 Bellevue Hill, Sydney — 10% + Malvern, Melbourne — 10%+ Rose Bay, Sydney — 10% + Bulimba, Brisbane — 10%+ Elwood, Melbourne — 9%+ Top unit performers to 2019 Elwood, Melbourne — 8% + St Kilda, Melbourne — 7% + Richmond, Melbourne — 7% + North Bondi, Sydney — 5% + Milsons Point, Sydney — 5% +

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A three-bedroom home at 60 Cawkwell St, Malvern, Victoria will be auctioned on May 3.  The best performer for the housing market in Perth is Mount Pleasant where Residex predicts values will go up by an average annual value of 8 per cent for the next five years. Mr Edward says the unit market would not perform as strongly but there were still good returns to be found. North Bondi is tipped to be Sydney’s best performing unit market with annual average growth of more than 5 per cent. Perth’s best performer will be Subiaco with average annual growth of more than 4 per cent while West End is predicted to be Brisbane’s best performer with growth of more than 4 per cent.

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A four-bedroom home at 25 Bradley Ave, Bellevue Hill, New South Wales, which is schedule WHILE nationally growth in property prices is predicted to slow down throughout the rest of the year, there are still some suburbs tipped to be standout performers. New research from Residex has revealed the inner ring suburbs with the best future investment potential. In the housing market Bellevue Hill and Rose Bay in Sydney, Malvern in Melbourne and Bulimba in Brisbane are all tipped to have average annual growth of 10 per cent or more for the next five years. While the unit market is not tipped to perform as strongly as the house market, there are still a number of suburbs predicted to return solid results. Melbourne is the stand out performer in the unit market, with Elwood, St Kilda and Richmond all forecast to have an annual average value increase of more than 7 per cent for the next five years. John Edwards of Residex expects Sydney and Melbourne growth rates to slowdown in the next six months and in other national markets next year. But he says while the buy in price may be higher in inner city suburbs he still felt there were some good investment opportunities in the right suburbs.

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