Hotspotting

In my column on Property Observer this week, I discuss how to understand the different real estate markets and what causes them - it's a lot more than low interest rates.

This is the strongest Sydney market we have recorded in the five years we have been conducting our quarterly sales surveys. Greater Sydney has 67 suburbs with rising buyer demand, compared with 18 six months ago.

Our Winter 2019 survey pinpointed the bottom of the Sydney trough and this Autumn 2020 survey provides strong evidence of the market revival, showing just how much has changed since the middle of 2019. The number of suburbs classified as declining markets has dropped from 66 suburbs six months ago to 12.
The suburbs with growing sales activity are spread across 22 municipalities in the Greater Sydney area, but it is clear that the greatest uplift is being felt at the upper end of the market and that the revival is not evenly distributed.
The leading LGAs in terms of the number of growth suburbs are the Northern Beaches, Sydney City and Inner West municipalities.
An exception is the Blacktown LGA, which is showing healthy signs of revival. But other outer-ring regions – such as Penrith, Liverpool, Camden and Campbelltown – have only small numbers of growth markets, with sales levels generally remaining at moderate levels.

And there are still several locations which we continue to classify as "danger" markets.

So the Sydney story heading into 2020 is one of recovery - but buyers need to be aware that this recovery is not universal across all areas and do their research.


Find out more - https://www.hotspotting.com.au/premium-reports/top-5-sydney-hotspots-2261.html

This is a replay of a recent interview with Joy FM for their Got Money series. 

In this segment Terry is speaking with Miriam Sandkuhler of Property Mavens about the Melbourne property market recovery.

In this segment of the Virtual Property Summit Terry Ryder is speaking with Rich Harvey of Propertybuyer about the Sydney Property Market Recovery.

Join Terry in this private masterclass webinar on February 18th where you will have the opportunity to ask questions of Terry and chat with other members of the group.

This 90 minute special event will be limited to the first 10 people to register.

This live & interactive webinar will focus on ideas and strategies that most investors don't know about, based on Terry's 35 years experience as a real estate researcher, writer and investor.

In addition to the webinar Masterclass, registrants will each receive a complimentary one hour one-on-one Strategy Session with Terry, valued at $330.

BOOK NOW!
https://www.hotspotting.com.au/masterclass-2020.html

Australian media is going overboard with sensationalist interpretations of the latest figures on price growth. Whatever is happening in Sydney And Melbourne markets, journalists will turn it into a national crisis.

Adelaide is one of the standout markets in capital city Australia. Its consistency of sales performance is remarkable and almost two-thirds of its suburbs have had price growth in the past year, led by double-digit rises in some markets

Adelaide is undoubtedly Australia’s most under-rated market. We have often lauded Canberra as the most consistent of the capital cities but Adelaide is a serious challenger. It keeps delivering good sales activity and above-average results on house prices in specific markets.

In the five years Hotspotting has been conducting quarterly surveys of sales activity and price trends, Adelaide has never delivered a poor result. Most cities have had peaks and troughs in that time, but Adelaide just keeps on producing steady markets with consistent demand. 

Around 62% of Adelaide suburbs have experienced growth in their median house prices in the past 12 months – and most of those growth markets have risen more than 5%. The list of suburbs with growth above 10% is dominated by middle-market suburbs, rather than top-end locations which has been the growth leaders in the recent past.

Some of the cheaper areas have also done well,which means that there are high-growth pockets spread throughout various market sectors.

Looking forward, we expect the Adelaide market to respond to upcoming major events in the local economy, including the $90 billion program to build vessels for the Australian Navy and the city’s growing reputation for high-tech innovation, which is attracting large numbers of national and international businesses.

Find out more >>  https://bit.ly/2S5OkOU

Terry Ryder is joined by 8 experts in their field to look at what you need to know for property investment in 2020.