An Australian real estate agency has revealed its predictions for the top suburbs to invest in around the country in 2024. The agency expects a surge in property prices due to a shortage of homes for sale and returning migrants choosing to buy instead of rent. Despite a recent drop in prices, Southport remains an attractive investment with houses at a median price of $1,850,000 and units at $805,000.
The rental market in Southport is thriving, with houses showing a 115% 10-year price growth and a 4.4% rental yield, and units offering a 5.9% yield
Australian Real Estate Agency Suburbs Investment Property Prices Shortage Homes Sale Migrants Buy Rent Southport Median Price Rental Market Growth Yield
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