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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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.
Cotality’s national Home Value Index held steady in May, signalling a further loss of momentum across most housing markets. Beneath the flat national result, Sydney and Melbourne are leading the downturn, with dwelling values declining 0.9% and 0.8% respectively over the month, and now sitting 2.1% and 2.9% below their cyclical peaks in November last year. The ACT also recorded a modest fall, with values down 0.2% in May.
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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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