Finding the next property investment hotspot is important as it can help you invest in high growth areas and potentially grow your equity quickly.
This infographic gives you some key indicators to look out for when looking for an investment hotspot or growth suburb.
Cotality’s national Home Value Index (HVI) increased by 0.7% in August, marking the most significant monthly lift since May of the previous year. This momentum also drove annual growth higher for the second consecutive month, reaching 4.1%.
Cotality’s national Home Value Index climbed 0.7% in August—the largest monthly increase since May last year—lifting the annual growth rate to 4.1% for a second consecutive monthly gain.
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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