Property investors are regularly told to target areas with a growing population, and on many levels it makes sense.
For an area to experience growth in local property prices there needs to be some kind of pressure on the supply of properties. A growing population should, on paper at least, suggest that more people are going to need a place to live. These people will place new demand on the buying market for properties, forcing prices upwards.
With this in mind, in its newly released September issue, Your Investment Property examines 13 markets forecast to see a spike in population growth. With the help of trend forecasters, the magazine then explores whether local conditions are likely to spur increased property prices and a good outcome for investors.
The September issue of Your Investment Property is on sale now at newsagents across the country or get the iPad edition here.
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