We’ve scoured the city for great areas to invest in property and one suburb has come out tops. Not only is it in the right phase of its property cycle to start buying, yields are high, vacancies are low and median prices are affordable at under $450k. A number of fundamentals also suggest this area is going to boom and the time for investors to sit up and take notice is now.
This month, Your Investment Property releases its annual Top 100 suburbs issue. The annual feature is a ranking of the best property investment destinations in the country.
It’s a ranking that’s been months in the making. We’ve spoken to property experts across the country – real estate agents, buyer’s agents, property forecasters and data analysts – and together they’ve helped us come up with the Top 100 suburbs where you’ll get the best capital growth and cash flow. The icing on the cake: they’re all under $500k.
Featuring prominently in the list are a number of Sydney suburbs where buying property now will score you great capital growth over the next few years. Top among them is one inner city location that many investors often overlook. It is roughly 5km from the CBD and a combination of soaring demand, rising rents and affordable prices are working in tandem to make this an excellent place to be buying investment property.
Think you know where it is? Going on shelves July 16, investors can find out which suburb is top ranked in their city by reading Your Investment Property’s Top 100 issue, available in news stands everywhere.
Alternatively, grab a subscription by clicking here.
Can you afford to buy in this suburb? Find out how much you can borrow
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