Next investment hotspots revealed

Jerrabomberra is the hottest pick, with price growth predicted in excess of 10 per cent per year over the next five years.

In addition, rental yields in the suburb are sitting around 5.15 per cent.

Morayfield in Queensland, Seville Grove in Western Australia and Ngunnawal in Australian Capital Territory were all identified as the best in their respective states, with growth above 10 per cent per annum expected.

Victoria, South Australia, Tasmania and the Northern Territory had no suburbs in the top 10.

John Edwards from onthehouse.com.au said outer city regions were the best performers around the country.

“Buying in a regional area might not be for everyone but with strong predicted growth and high rental yields, it’s certainly an option to consider,” he said.

“With more expensive areas, such as Sydney, outer city regions can be much more affordable – pair that with strong growth and it could be a good fit for investors wanting to get good rental returns and capital growth over time.”

The full list is reproduced below:

                                                                                                Source: Onthehouse.com.au