The series of fortunate events for real estate keep on coming.

The new Credit Reporting regime will make it easier and cheaper to get finance, following the positive changes for interest rates and the APRA lending rules.

Sales activity, clearance rates and prices are all rising in the major markets. First-home buyers are busy, helped by cheap finance, tax cuts and high levels of government assistance. Sellers are starting to respond, with listings rising.

The only thing missing for investors is good advice on where best to buy.

That's where Hotspotting's Best Buys report comes in. Terry Ryder has examined prospects across Australia and identified the 10 best locations for future growth prospects.

They're a mix of capital city and regional markets, all places with vibrant local economies, affordable real estate options and good potential for capital growth.