After crunching all the numbers, a national property analyst had named his favourite spots for investment in each state and territory. In Victoria, the City of Brimbank is a hotspot for investors. Domaincomau realestate propertyprices
“You need a number of factors, like affordability, a strong and diverse local economy, and a healthy infrastructure spend by governments.
“We don’t rely solely on mining or any single industry but have a lot of different types of businesses and industries here,” says Justine Reilly of PRD Tamworth. In Queensland, Ipswich, 40 kilometres west of Brisbane, with a median house price of $430,000, wins Ryder’s vote. “It has a lot to offer, it’s seen a massive uplift in sales in the last 12-18 months, and we expect major price rises.”
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