Smart Property Investment gathers the latest market data and information to identify the suburbs that are witnessing the highest growth across all Australian states and territories, including New South Wales, Queensland, Victoria, Western Australia, Northern Territory, South Australia, Tasmania and the Australian Capital Territory.
The premier digital resource ranks 10 of the best growth suburbs in each state and territory—from the capital cities, including Sydney, Melbourne, Brisbane, Perth, Adelaide, Darwin, Canberra and Hobart, to the regional markets—based on the price growth they achieved annually.
Being able to determine the current level of growth in suburbs and consequently identify the suburbs tipped for price growth in the future through data analysis will aid investors in finding the best location for their property investment.
As one of the most important metrics for investment success, capital growth plays a huge part in finding the right property and ultimately building a strong portfolio. Capital growth provides longevity to the portfolio and, together with good yield, helps investors achieve their financial goals over time.
Aiming for a balance between the capital growth and cash flow throughout an investment journey will allow investors to thrive in the wealth-creation venture for the long-term.