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10 Year Suburb Long-Term Growth Trends

Being able to review the growth trends of a suburb over a long period of time can help you identify suburbs that will provide potential long-term growth.

Past growth isn't an indicator of guaranteed future growth but it does provide an indication that there has been demand in the area.

Access to median prices over a long period of time provides investors with an idea on demand for a suburb and the opportunity to compare the growth of the area to other suburbs and the growth of the greater area. 

How do I obtain this information?

Through Real Estate Investar's Professional Subscription, you'll have access to CoreLogic RP Data and can run a Signature Sales CMA Report.  

You can compare Real Estate Investar, RP Data and Pricefinder in this blog article.

This report will provide the following data:

  • Median sale price over the past 20 years
  • For each year, it will include: 
    • Number of properties sold
    • Median price
    • Growth % compared to previous year
    • Average days on market
    • Number of listings
    • Asking rent

RP Data Median Sales Price

RP Data CMA

Source: CoreLogic 2020

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Real Estate Investar Editor
Real Estate Investar Editor
Real Estate Investar provides intelligent software, tools and data to help you save time and make money in the residential property investment market.

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