With so much growth already achieved in Sydney and Melbourne, it’s no use looking at these markets where prices have already boomed. You have to find areas that are on the verge of booming.
For investors that do their homework, that has been increasingly pointing in one direction: the country’s regional areas.
In the latest issue of Your Investment Property, we feature the markets that have been on the receiving end of some of Australia’s biggest investment projects and also had the largest population increases.
Analysing population trends, property cycles, rental growth and the range of new and proposed infrastructure projects, we’ve sourced these regional areas showing excellent potential for robust price growth, while currently achieving attractive rental returns.
Here’s a snapshot of the comprehensive report.
Port Macquarie, NSW
Location: 390km north of Sydney
Why invest:
- Expanding education sector
- Millions of dollars being spent on health
- Growing population
- Diverse economy
- Great lifestyle options including beaches
Ballarat, VIC
Location: 105km west-north-west of Melbourne
Why invest:
- Easy access to Melbourne
- Much more affordable property than Melbourne
- Diverse economy
- The Ballarat West Employment Zone is expected to add thousands of jobs
- $46 million hospital expansion
Sunshine Coast, Queensland
Location: 100km north of Brisbane
Why invest:
- Diversifying economy
- Thousands of jobs will be created in the near future
- New $2 billion hospital being built
- Sunshine Coast Airport expansion
- New CBD being built at Maroochydore
