Media release

27 January, 2016

If you are looking for capital growth, according to Domain.com.au the highest annual price growth in NSW is found in the following suburbs:

  1. Brewarrina – 50%
  2. Wombarra 49.88%
  3. Bar Point 48.72%
  4. Ripponlea 48.69%
  5. Vineyard 48.09%
  6. Stansbury 47.83%
  7. Mortlake 47.66%
  8. Soldiers Point 46.7%
  9. Bayview 46.07%
  10. Murchison 45.61%

Real estate.com has another take on where the hot spots are for 2016 which are as follows:

2016 hot spots

  1. Leppington- house median- $675,000
  2. St Marys- house median- $550,000
  3. North Sydney- unit median- $750,000
  4. Baulkham Hills- house median- $1.03 million
  5. Auburn- house median- $860,500
  6. Hornsby- house median- $1,000,750
  7. Camperdown- unit median- $780,000
  8. Riverstone- house median- $675,000
  9. Botany- unit median- $766,000
  10. Dee Why- unit median- $640,000

Domain also sets out the top suburbs likely to grow between 5-10 percent over the next 12 months as follows:

Suburb Region
Tregear West
Minto South West
Chester Hill Canterbury Bankstown
Engadine South South
Tempe Inner West
Cromer Northern Beaches
Chatswood Upper North Shore
Lane Cove Lower North
Woollahra City and East
Maroubra City and East

Source: Domain Group senior economist Andrew Wilso

Nationally if you look at what are the top 10 suburbs with the highest rental return in 2016 you will find the following:

Listed by suburb, state, bedroom configuration and gross rental yield. Results are for one and two-bedroom units.*

  1. Caboolture– QLD – 1-bedroom units – 15.2%
  2. Cairns City– QLD – 1-bedroom units – 13.2%
  3. Miami– QLD – 1-bedroom units – 11.9%
  4. Ultimo– NSW – 1-bedroom units – 11.6%
  5. Port Douglas– QLD – 1-bedroom units – 11.3%
  6. Box Hill– VIC – 1-bedroom units – 11.1%
  7. Harristown– QLD – 1-bedroom units – 10.6%
  8. Manoora– QLD – 1-bedroom units – 10.2%
  9. Noosaville– QLD – 1-bedroom units – 10.1%
  10. Woree– QLD – 1-bedroom units – 9.6%

Real estate.com

Looking at the national hotspots, it is apparent that five out of ten highest rental returns are found in holiday properties. With a low Australian Dollar and a rise in domestic travel, higher demand for short term holiday rental is a likely scenario. The holiday destinations in Queensland in this table are Cairns, Miami, Port Douglas and Noosaville and Caboolture in SE Queensland which is half an hour from the beaches, 45 minutes from the hinterland and 30 minutes from Brisbane CBD has the highest rental yield on average with 15.2%.

Pula capital is a boutique finance company which can help you with your loan and discuss what sort of real estate you may like to buy.

For further information visit www.pulacapital.com.au or 1300 557 666 or pr@pulacapital.com.au

 

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