Australians love property, but for many, figuring out where to invest is the hardest part. Finder's Property Investment Index uses a range of data inputs to predict price growth in each suburb across Australia's major cities. Property Investment Index pages for Sydney, Melbourne, Brisbane, Perth and Hobart are also available.
As of August 2024, the following suburbs have the highest potential for price growth:
Houses
Units
The Property Investment Index is a model that ranks suburbs based on their investment potential. Suburbs are scored out of 100, with 100 indicating very high predicted price growth and 0 indicating very low or negative predicted price growth.
The final score is calculated based on 3 factors:
An additional 15 points are given to suburbs that have had at least 1 property sale over the past 12 months. The number of points for each suburb is capped at 100.
The index is intended to be an indicator of relative price growth, rather than of property prices themselves. A high score does not necessarily mean that a suburb will have the highest house prices but that we can expect strong growth in that area.
Note: The methodology was adjusted in August 2024 to remove all suburbs which do not have currently available CoreLogic sale price data for houses or units, as applicable. This has resulted in a number of smaller and more regional areas with few property sales not receiving a score. These areas will appear again once CoreLogic reports sale price data for those areas.
Finder's Property Investment Index uses a range of data inputs to predict price growth in each suburb across Australia's major cities. These data inputs are weighted to produce a score out of 100, with 100 indicating very high predicted price growth and 0 indicating very low or negative predicted price growth.
Apart from the weighted inputs listed below, an additional 15 points are given to suburbs that have had at least 1 property sale over the past 12 months.
Prior to the pandemic, investor activity in South Australia had generally been falling. When COVID hit, investor home loans dropped initially but were relatively unaffected by the pandemic compared to Victoria and New South Wales. In the second half of 2021, investor activity saw historical growth. In May 2024, investor home loans reached a record $710 million, a 36.3% increase on the previous year. As of June 2024, the total value of investor loans in SA has been reported at $667m, a decrease of 6% month on month and an increase of 29.6% year on year.
The data also shows investors are beginning to take on more of the market from owner occupiers. In January 2021, investor loans made up 24% of all home loans, but that figure has now grown to 41% in June 2024.
According to recent data, the median sale price in Adelaide is $720,094, an increase of 11.3% year on year.
About 59% of Adelaide residents expect property prices in their local area to increase in the next 12 months, according to Finder's Consumer Sentiment Tracker. This includes 18% who think price growth will be significant. On the other hand, 17% believe prices in their area will fall over the next year.
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Finder's Property Investment Index predicts price growth in each suburb across Australia's major cities. Find out how your suburb stacks up.
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