Powered by MOMENTUM MEDIA
research
1 minute read

The regional areas providing positive ROI

The regional areas providing positive ROI

by Emma Ryan | November 18, 2019 | 1 minute read

Thinking about investing outside the capital cities? Here are the regional hubs savvy investors are taking advantage of.

Cairns, Queensland
November 18, 2019

New analysis by Propertyology head of research Simon Pressley has highlighted the areas yielding the best results for investors.

Taking vacancy rates into consideration, Mr Pressley shared that some regional Queensland markets are performing well and, as a result, seeing more property investor attention.

“Cairns, Mackay and Bundaberg are just examples of regional Queensland real estate markets with much lower vacancy rates than most capital cities, while rents in Moranbah are now skyrocketing,” Mr Pressley said.

“In New South Wales, Wollongong’s rental market, like Newcastle and Port Macquarie, is softening, while Dubbo and much of the Central West has been tight for quite some time.

Advertisement
Advertisement

“Rental pressure is likely to further intensify in Armidale, Wagga Wagga, GriffithGriffith, ACT Griffith, NSW and others.”

When it comes to Victorian property markets, Mr Pressley said that while Geelong and Ballarat have been strong for a few years, “recent relaxation within their rental markets is just one example that suggests that their respective growth cycles have peaked”.

Launceston has been one of Australia’s strongest property market over the past 12 months. However, pressure is also tight in Burnie and Devonport from both a rental market and property price perspective,” Mr Pressley said.

“Tasmanian real estate generally still offers the biggest bang for any property investor’s buck in my opinion.”

Vacancy rates annual change

Cairns, Qld

July 2018: 1.2 per cent

July 2019: 1.3 per cent

Logan, Qld

July 2018: 3.3 per cent

July 2019: 3.0 per cent

Bundaberg, Qld

July 2018: 1.7 per cent

July 2019: 0.9 per cent

Wollongong, NSW

July 2018: 2.3 per cent

July 2019: 2.7 per cent

Armidale, NSW

July 2018: 1.8 per cent

July 2019: 1.9 per cent

Dubbo, NSW

July 2018: 1.6 per cent

July 2019: 1.3 per cent

Geelong, Vic

July 2018: 1.4 per cent

July 2019: 1.9 per cent

Ballarat, Vic

July 2018: 0.9 per cent

July 2019: 1.6 per cent

Melton, Vic

July 2018: 1.4 per cent

July 2019: 1.9 per cent

Geraldton, WA

July 2018: 3.8 per cent

July 2019: 3.2 per cent

South Perth, WA

July 2018: 5.9 per cent

July 2019: 5.0 per cent

Launceston, Tas

July 2018: 1.9 per cent

July 2019: 2.0 per cent

Port Lincoln, SA

July 2018: 2.9 per cent

July 2019: 1.8 per cent

Glenelg, SA

July 2018: 3.2 per cent

July 2019: 2.3 per cent

Source: Propertyology

Mr Pressley’s research also highlighted the capital city markets seeing rents go somewhere versus nowhere

About the author

Emma Ryan

Emma Ryan

Emma Ryan is the deputy head of editorial at Momentum Media and editor of Smart Property Investment.

Emma has worked for Momentum Media since 2015, and has since been responsible for breaking some of the biggest stories in corporate Australia, including across the legal, mortgages, real estate and wealth industries. In addition, Emma has launched several additional sub-brands and events, driven by a passion to deliver quality and timely content to audiences through multiple platforms.

Email Emma on: [email protected]com.au

The regional areas providing positive ROI
Cairns, Queensland
spi logo

Subscribe to get the latest news and updates - join a community of over 80,000 property investors.

Check this box to receive podcast updates

From the web

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.