Hotspotting

Locations with very low vacancies often develop into strong markets with growing prices – the Moreland LGA in northern Melbourne is expected to be a good example.

Earlier this year Terry Ryder presented a seminar for Oz Property Investment Centre in Mackay. While he was there, Terry had the chance to chat with Chris Ruck from Oz Property about property investment in general and the prospects for the Mackay property market.

With over 60 years of collective experience between Terry Ryder and Chris Christofi from Reventon - a fire side chat about everything property. 

The rise of markets in Regional Australia is the headline story in Australian real estate for switched-on investors - or, at least, it should be. While mainstream media has focused this year on the decline in prices in Sydney and Melbourne - and more recently on their recovery - the untold story is the high number of thriving property markets in the nation’s regional areas.

In this edition of the Price Predictor Index we can see some significant movement across Australia's various markets.

MARKETS ARE SHOWING A POST-ELECTION RECOVERY
It’s taking time for markets across the nation to recover from the pre-Federal Election freeze. Our Spring survey shows the first signs of revival in Sydney and Melbourne, although suburbs with declining markets still out-number those with rising sales activity. There is also growing evidence of fightback in Perth, while Queensland is showing the greatest strength among the regional markets and has overtaken Regional Victoria and Regional NSW, which have both delivered more subdued results compared to previous surveys.

ADELAIDE LEADS BUT FEW HAVE NOTICED
In terms of growth momentum, it’s the outstanding market in Australia, but it continues to fly under the radar and remains the nation’s most under-rated market. 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.

PRICES ARE RISING IN OVERLOOKED AREAS
There’s considerably more price growth happening across the nation than most people realise. Find out how we rank the nation’s market jurisdictions on price performance (based on the percentage of locations where median prices have risen in the past 12 months).

THERE ARE MAJOR CONTRASTS WITHIN LOCAL MARKETS
The generalised nature of media reporting of real estate is the curse of real estate consumers. There is constant discussion of "the Australian property market" and whether "Australian house prices" are rising or falling. This ignores the multiple different scenarios playing out in individual markets around Australia at any point in time. It’s extremely rare for all our markets to be trending in the same direction or for all suburbs in a capital city to be displaying the same behaviour.
For example this Spring survey provides the following assessment of suburbs across the Brisbane metro area: 21 rising markets, 103 plateau, 58 consistency, 32 declining and 5 danger markets.

The Perth recovery is back on track, having faltered in the lead-up to the Federal Election. Sales activity is solid to strong in many locations and some areas have had price growth.

I've just completed a special 30-page report titled: "The Sunshine Coast: Australia's Most Compelling Growth Story". We continue to rank the Sunshine Coast among the very best markets for investor consideration anywhere in the nation.

Terry Ryder is speaking with local investment property expert Mark Shorrock, Director of Bluestone Property Management, for his take on Brisbane's prospects, why it's a great time to invest in Brisbane and the locations tipped to provide the best outcomes.

The Petrie-Lawnton area of northern Brisbane features in our new edition of Top 5 Brisbane Hotspots which we published today.

Alex Dutt from Adviseable speaks with Hotspotting’s Terry Ryder about ways you can supercharge your investment strategy through property development, covering: How to find opportunities with genuine equity uplift.