All growth suburbs have peaks and troughs. Find a way of accessing data that others don’t have in order to make your decisions and gain an advantage.
Look for the following when identifying ‘hot’ suburbs to buy into:
- Average “days on market” is dropping.
- More properties are being auctioned.
- Rising yields and rental returns.
Here’s the latest Melbourne property information we’ve recently researched (accurate from June 2016) that can prove invaluable to property buyers and sellers:
Melbourne SUBURBS – Fastest time to sell
- Fitzroy North
- Caulfield South
- St. Kilda
MELBOURNE SUBURBS – FASTEST Growing suburbs by population
- Burnside Heights
- Point Cook
- South Morang
BEST 4 YEAR AVERAGE ANNUAL MEDIAN GROWTH SUBURBS
- Glen Waverley
- South Yarra
- Balwyn North
- Box Hill
- Surrey hills
- Mt Waverley
This is invaluable information when buying an investment property or a property to live in.
This is a small snapshot of the statistical information we use at JMAC to make our decisions. Please call us for a free market analysis of an area or suburb you are interested in investing.