Your Investment Property’s
Annual Suburbs Guide has released its in depth ranking of the Top 100 property markets for 2014.
Chosen from the more than 15,000 suburbs in Australia, the Your Investment Property
Top 100 is the pre-eminent guide to property investment markets in Australia.
The ranking is the result of months of research and data collection, with Your Investment Property
consulting property analysts, real estate agents, economists, statisticians and experts in the property industry to draw a picture of where Australia’s best property markets are going to be.
The rankings formula
Your Investment Property
started by canvasing Australia’s top property market analysts for their top picks for markets forecast to perform strongly over the immediate and distant future.
Your Investment Property
then compared these forecasts with past sales data, supply and demand indicators and its own research and findings and began a national hunt for the number one property market in the country.
All research and analysis focused on core issues such as:
Each suburb had to pass the criterion of being a desirable place to live, one where a large and diverse tenant base would put long-term demand on accommodation.
The local economy:
Top 100 candidates had to have a growing economy and one that would support wages growth and relatively high disposable incomes. The rationale was that property markets backed by sound economics had the best price and rent growth potential.
Capital growth potential:
Markets with the most potential to grow were ranked highest. Potential took into account past property cycles, current buyer sentiment, supply and demand issues and the strength of the local economy.
Markets were ranked highly if there were a number of changes in effect – or in the pipeline – that would bring more people into the area and push up demand for properties. These included improvements to infrastructure, gentrification and urban renewal initiatives.
Suburbs were ranked higher if they had a growing population placing increasing and continuing demand on the housing market. Suburbs where the average household income of residents was increasing also scored highly.
Suburbs with competitive prices, either for the base of people they appeal to or compared with neighbouring areas with a similar offering, ranked highly.
Which area was ranked number 1? Find out in Your Investment Property’s January issue, available in newsagents across the country.
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now
Top Suburbs :
st kilda west
Get help financing your investment
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out