Hotspotting

Your once-a-month opportunity to ask Hotspotting's Terry Ryder your most burning questions about housing markets across Australia.

Recorded - 12 June 2019

While mainstream media focuses on the decline in prices in Sydney and Melbourne, the untold story is the high number of thriving property markets in the nation’s regional areas.

The location-by-location analysis conducted every quarter by Hotspotting shows that markets with rising prices are the rule, not the exception, in Regional Australia.

Apart from the mini-boom that continues in Hobart, and the rise in prices in some sectors in Brisbane, Adelaide and Canberra, all of the significant growth markets in Australia are in regional areas.

Many markets in both Regional Victoria and Regional Tasmania are "going ballistic". Sales activity has risen and annual price growth above 10% is common. Some locations have recorded median price growth above 20% in the past year.

And the common feature amongst these diverse locations? The local economy and infrastructure projects that are driving growth.

Many of the growth markets in Australia right now are found outside the capital cities: Bendigo in Victoria is one of the the affordable, thriving regional markets.

This week we published the latest edition of our most popular report, the National Top 10 Best Buys - tonight I feature one of the Top 10 locations from the report.

Despite media rhetoric, there are many growth markets across the Australian property scene. There are in fact more jurisdictions with prices rising than those with falling prices, and in regional areas rising prices are the norm rather than the exception.

In this week's Hotspot of the week Terry spoke with Julian Fadini of Prpty360 about the locations that savvy investors should be looking at now it's back to usual business after the election.

Julian is hosting a property investors seminar in Sydney on the 28th May 2019 - find out more at http://prpty360.com.au/landing-event/