
Research has identified Queensland as the dominant state for stable property investment locations, with 29 areas across Brisbane and regional Queensland featuring in Australia’s top 50 most consistent markets.
New analysis from Hotspotting’s Price Predictor Index for Summer 2024 reveals steady markets are delivering substantial long-term capital growth.
The research examined sales volumes data to identify locations demonstrating consistent market conditions over multiple years.
Hotspotting Director Terry Ryder said: “The value of consistent markets should not be overlooked.”
Buderim on Queensland’s Sunshine Coast emerged as a standout performer, achieving 13.3 per cent average annual capital growth over five years.
“Buderim has had remarkably consistent sales volumes for the past three years and its five-year capital growth average is 13.3 per cent per year, with its median house price rising 14 per cent to $1,250,000 in the past 12 months,” Hotspotting General Manager Tim Graham said.
Western Australia appeared just four times in the top 50 list, though Mandurah demonstrated strong results with 16 per cent average annual growth over five years.
Mr Ryder said: “This represents a turning point in the national property market, with the WA boom past its peak and attention switching increasingly to Queensland, which benefits from internal migration, such as the Exodus to Affordable Lifestyle, more than any other state or territory.”
Regional areas dominated the rankings, accounting for half of the top 50 most consistent suburbs nationally.
New South Wales contributed 10 suburbs to the list while Victoria had six locations featured.
The Price Predictor Index analyses sales volumes trends, which historically correlate with subsequent price movements in both rising and falling markets.