Investor Hotspots & Keys to Growth
Posted on: 14.06.2016
Suburbs to Watch
| Location | Type | Median Price | 1yr Price Growth | Yield |
| NSW | ||||
| Dubbo | Houses | $320,000 | 2% | 5.50% |
| Liverpool | Units | $380,000 | 15% | 4.70% |
| Mount Druitt | Units | $345,000 | 16% | 5% |
| Port Macquarie | Units | $300,000 | 5% | 5.40% |
| West Albury | Houses | $320,000 | 11% | 5.70% |
| VICTORIA | ||||
| Ballarat East | Houses | $275,000 | -2% | 5.20% |
| California Gully | Houses | $260,000 | -3% | 5.80% |
| Cranbourne | Houses | $350,000 | 7% | 4.90% |
| Deer Park | Houses | $380,000 | 8% | 4.40% |
| Epping | Houses | $390,000 | 5% | 4.60% |
| Epping | Units | $315,000 | 5% | 5.30% |
| QUEENSLAND | ||||
| Beaudesert | Houses | $340,000 | -3% | 5% |
| Beenleigh | Houses | $310,000 | 1% | 5.80% |
| Caboolture | Houses | $325,000 | 7% | 5.60% |
| Cairns North | Units | $240,000 | 4% | 7.50% |
| Deception Bay | Houses | $325,000 | 6% | 5.60% |
| East Ipswich | Houses | $280,000 | 17% | 5.70% |
| Inala | Houses | $320,000 | 8% | 5.10% |
| Manoora | Houses | $310,000 | 15% | 6.20% |
| Nambour | Houses | $350,000 | 4% | 5.60% |
| Redbank Plains | Houses | $305,000 | 3% | 5.50% |
| Redcliffe | Units | $370,000 | 10% | 5.10% |
| Woodridge | Houses | $265,000 | 7% | 6.30% |
| WESTERN AUSTRALIA | ||||
| Armadale | Houses | $320,000 | -2% | 5.20% |
| Rockingham | Units | $320,000 | -9% | 5.60% |
| SOUTH AUSTRALIA | ||||
| Parafield Gardens | Houses | $305,000 | 3% | 5.60% |
| Seaford | Houses | $345,000 | 3% | 4.90% |
| TASMANIA | ||||
| Invermay | Houses | $225,000 | 5% | 6.70% |
| Moonah | Houses | $235,000 | 4% | 5.90% |
| source: Australian Property Monitors, as at 1st FEB 2016 | ||||
Keys to Growth
There are a lot of Suburbs that have increased in value at a faster rate than most. As well as having returned higher rental yields at the same time. What are potentially some of the contributing factors when it comes to these top performing suburbs? Some of the common factors include:
- The big Three: Schools, Shops and Public Transport. Something that is also a contributor is the distance to each of these infrastructures. It’s important to not be too close, but also not too far. A safe distance range to be from each is approximately 800m – 1.5km.
- Community Sports Fields, Basketball courts & Skate parks.
- Lifestyle related infrastructure like Taverns & Restaurants.
While the above infrastructures do at times contribute to investors decisions it’s always important to research areas for yourself. Some sites that will help you do this are www.myrp.com.au/investorsguide & www.walkscore.com
Spreading your Investments vs. All in one City
Something that a lot of property investors prefer to do is spread out their investment properties. They do this so their portfolio is not entirely affected by having all their properties in one area if it performs badly. It’s slightly more difficult to manage geographically, however, this usually keeps the investment portfolio’s growth reasonably stable. As the saying goes, ‘don’t put all your eggs in one basket’.
Speak to a Professional
Investment lending is different to the home loan you organize to purchase a first home. Policies, as well as Lending Criteria have never been as strict as they are now. While investment property can be rewarding, it’s just as important that you have your loans structured and optimized to benefit you, not the banks.
For any questions or a friendly chat surrounding your finances, please don’t hesitate to request a call or email from Uprosper.
Thanks for reading and have a Great day!
The Uprosper Team
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