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, Adelaide and Hobart are also available.
As of September 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 Western Australia had been steadily falling since 2014. When COVID-19 hit, this trend continued initially before a considerable increase in investor home loans. In May 2024, the value of new investor loans peaked at $1.4 billion, an increase of 77.5% year-on-year. As of June 2024, the total value of investor loans in Western Australia has been reported at $1.2 billion, a decrease of 12.4% month on month, and an increase of 47.4% 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.
The rolling 3-month average sale price in Perth is $659,737, an increase of 23% year-on-year.
Perth residents (56%) are the most likely to believe property prices in their area will increase in the next 12 months, according to Finder's Consumer Sentiment Tracker. This includes just 16% who think price growth will be significant. Perth residents (10%) are the most likely to believe property prices will fall.
Finder's Property Investment Index predicts price growth in each suburb across Australia's major cities. Find out how your suburb stacks up.
Finder's Property Investment Index predicts price growth in each suburb across Australia's major cities. Find out how your suburb stacks up.
Finder's Property Investment Index predicts price growth in each suburb across Australia's major cities.
Finder's Property Investment Index predicts price growth in each suburb across Australia's major cities.
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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