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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Australian home values experienced a notable acceleration in October, increasing by 1.1 percent—the highest monthly growth recorded since June 2023. This upward momentum, building steadily since the initial rate reduction in February, has elevated the annual growth rate to 6.1 percent nationwide.
Australian housing markets continued to strengthen in September, with the Cotality Home Value Index rising 0.8%—the largest monthly increase since October 2023—driven by a 0.9% gain across the capital cities.
At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.60 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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