Do you want to invest in a rental property in an area experiencing growth in order to create equity?
Targeting suburbs with the fastest median growth rates can help you to generate equity and grow the long term value of your portfolio.
Here's a look at the fastest growing suburbs in each state by dwelling type and number of bedrooms right now. The data is taken from our latest fastest growth suburbs report - which we publish on the first of each month.
.png?width=800&name=Fastest%20Growth%20Suburbs%20(13).png "Fastest Growth Suburbs")
.png?width=800&name=Fastest%20Growth%20Suburbs%20(14).png "Fastest Growth Suburbs")
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Australia’s property downturn accelerated in July, with Cotality’s national Home Value Index (HVI) dropping 0.7% — the steepest monthly decline since December 2022. The weakness is no longer limited to Sydney and Melbourne, as mounting demand-side pressures pushed previously resilient mid-sized capitals into negative territory.
Cotality’s national Home Value Index (HVI) fell 0.4% in June, the largest monthly decline since December 2022, led by drops in Sydney (‑1.2%), Melbourne (‑1.0%) and the ACT (‑0.6%).
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent.
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Real Estate Investar is part of MRI Software. We provide the tools, data and information you'll need to create wealth through property investment.
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