Announcement posted by Key Media 07 Dec 2018
Sydney and Melbourne’s property markets may be correcting but it’s far from game over for investors looking to make a profit in the new year. Your Investment Property magazine has just released its Annual Top 100 Suburbs Guide, an in-depth ranking of the best property markets for 2019.
Using the latest data from CoreLogic together with input from a panel of experts, the Guide ranks suburbs based on key factors such as affordability, demand, demographics and growth prospects. And the message to homebuyers is to look outside the big cities for the profit opportunities.
“There are some major regional centres on the experts’ radar for 2019 – places like Ballarat, Wagga Wagga, Cairns and the Sunshine Coast,” said YIP editor Sarah Megginson.
“The median price in most of these areas is around or below $500,000. This provides a real opportunity for investors to take advantage of an affordable property market that is expected to grow,” she said.
Suburb | State | Median price | Property type |
Ballarat | VIC | $448,750 | Houses |
Cairns City | QLD | $327,000 | Units |
Noosa Heads | QLD | $740,000 | Units |
Caloundra | QLD | $555,000 | Houses |
Launceston | TAS | $485,000 | Houses |
Wagga Wagga | NSW | $410,000 | Houses |
The full report and list of 100 suburbs is available in the January issue of Your Investment Property magazine, on sale now.
Media contact:
Lisa Narroway
About Your Investment Property
Your Investment Property is the intelligent property owner’s choice when it comes to learning about Australia’s $4 trillion property market. Your Investment Property provides you with the most complete set of property data, independent commentary and thoroughly-researched articles about all aspects of investing in property in Australia and abroad. Every issue features in-depth analysis of the market trends that affect your investment, practical tips and advice on how to manage and finance your investments to help you make the best decisions. Your Investment Property carries the most comprehensive data section of any Australian property magazine, with extensive and exclusive data about every suburb in Australia to help you decide where to put your money.