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JMAC Tips: Use Data To Make Decisions

Jim Mcdonald
Posted byJim Mcdonald

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

  1. Carnegie
  2. Fitzroy North
  3. Kensington
  4. Prahran
  5. Flemington
  6. Thornbury
  7. Caulfield South
  8. McKinnon
  9. Elsternwick
  10. St. Kilda

MELBOURNE SUBURBS – FASTEST Growing suburbs by population

  1. Mernda
  2. Burnside Heights
  3. Sandhurst
  4. Derrimut
  5. Doreen
  6. Truganina
  7. Point Cook
  8. Pakenham
  9. South Morang

BEST 4 YEAR AVERAGE ANNUAL MEDIAN GROWTH SUBURBS

  1. Glen Waverley
  2. South Yarra
  3. Balwyn North
  4. Box Hill
  5. Malvern
  6. Surrey hills
  7. Mt Waverley
  8. Ashburton
  9. Doncaster
  10. Oakleigh

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.

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