Hotspotting

Uncovering hot property markets, today. Hotspotting has always been about helping investors find the best location to buy based on quality research. The Hotspotting Podcast is a Real Estate Property Investment show and delivers this information and more! In each episode Terry Ryder from Hotspotting will bring you knowledge and interesting conversation on everything a property buyer wants and needs to know to make informed decisions. From unravelling the latest data, trends and market statistics, discussing areas of growth and the bigger issues influencing Australia’s property landscape. Whether you're a seasoned property investor or you're buying your first home, we’re here to build your knowledge. Knowledge gives you the power to make smarter investment choices. About Terry Ryder Terry Ryder is the founder of hotspotting.com.au. For over 35 years, Terry Ryder has been a specialist researcher/writer on residential property in Australia. In 2006 he created Hotspotting.com.au to help investors find the best places to buy. Terry’s reports and commentary are based quality data and information. His views are totally independent and free of vested interests or outside influences.

Catching the Next Wave of Property growth – What Every Investor Needs to Know. 03/04/2021

Exodus to Affordable Lifestyle Report 2021 03/01/2021

Exodus to Affordable Lifestyle Report 2021 The strongest trend to impact Australian real estate in the 21st Century is currently sweeping the nation. The Exodus to Affordable Lifestyle is creating growth is regional cities and towns which is out-performing the big cities. The fringe areas of major cities, regional cities, hill change towns and sea change enclaves are all beneficiaries of this compelling trend. While property prices have been muted in the two biggest cities, smaller cities and regional locations are experiencing strong demand and price uplift. Ultra-low vacancy rates are another element of the strength of these markets, putting upward pressure on rents and creating higher yields. The Exodus trend has been driven by technology and improved transport links, as more and more people realise the possibilities of working remotely – and thereby being able to escape the big, expensive, congested cities. It was a rising tide before the pandemic, with increasing numbers of Australians realising the possibilities of working from home. The Covid-19 lockdowns have enhanced a trend that was already under way, turning a steady drift into a stampede, by opening the eyes of more Australians to the potential. The pandemic has supercharged an established trend, making it the driving force of markets across Australia. The trend was first visible in Regional Victoria with people retreating to hill change towns within 1-2 hours of Melbourne. Locations close to Sydney were also feeling it. Then the impetus rippled further out to regional centres more distant from the capital cities. It has reached as far north as Darwin, where Melbourne residents and others have headed for the relative safety and affordability of the northern capital (plus the warmer climate). Before the pandemic, Queensland was already on the relocation wish-lists of many interstate buyers. Now, with many people now working remotely, there is a growing herd migrating north. At Hotspotting we have been strongly advocating good regional centres for investment for the past three years. And in October 2020 we published the first edition of our National Top 10 Exodus to Affordable Lifestyle report. It quickly became one of our most popular products. And this week we published our new 2021 edition of the report. It outlines our Top 10 picks of locations expected to rise on the back of this trend. And, because there are so many places with potential for strong growth, we include a B List of 10 locations which missed the cut for the Top 10. So get yourself a copy of the new 2021 edition of the Exodus to Affordable Lifestyle report – and have a read of it today. /episode/index/show/hotspotting/id/18130430

What Investors Must Know - Tax Depreciation 2021 02/18/2021

Good News Bulletin 17 February 2021 02/18/2021

Good News Bulletin 17 February 2021 Vacancy rates in our already-tight rental markets fell in six of the capital cities and were unchanged in the other two in January, according to the monthly report from SQM Research. The national average vacancy rate fell from 2.2% in December to 2% in January, but five capital cities – Perth, Adelaide, Canberra, Darwin and Hobart – all have vacancy rates below 1%, while Brisbane sits at 1.7%. Throughout regional Australia, many centres have vacancy rates below 1% in what represents a national rental crisis for people seeking tenancies. The industry benchmark is that vacancy rates below 3% represent a shortage of rental properties. The two biggest cities, where vacancies are highest, showed marked improvements in January, with Sydney falling from 3.6% in December to 3.2%, and Melbourne falling from 4.7% to 4.4%. SQM CEO Louis Christopher says the figures provide more evidence the worse is over for landlords in the Sydney and Melbourne rental markets. He says: “The falls in vacancy rates for the month in those two cities, combined with the increased tightness in other cities and regions, has now brought rental vacancy rates down to below where they were prior to the outbreak of Covid19.” Christopher says the data suggests that 2021 will remain largely a tenant’s market in the inner city areas “but will also very much remain a landlord’s market for regional Australia”. He also notes that rents for both houses and units have risen in the capital cities, on average, over the past month. In annual terms, the national average is a 10% rise in house rents and a 4% increase in apartments rents. The growth has been higher in regional markets than in the capital cities, with Sydney and Melbourne rents still lower on average than a year ago. But there have been strong rises in Perth, Canberra and Darwin. In Perth, rents have risen 11.5% for houses and 12.3% for apartments, while in Darwin house rents have increased 27% in 12 months. In Canberra rents have risen around 6% for both houses and units. /episode/index/show/hotspotting/id/17993759

Good News Bulletin 10 February 2021 02/11/2021

Good News Bulletin 10 February 2021 Here’s how you spot a real estate charlatan, someone who likes to present themselves as a real estate expert but who in reality knows nothing worth hearing … 1. They speak of Australia as a single property market; and/or 2. They attribute price growth to “record low interest rates” Mostly these pretenders are economists. I would remind you of a much-quoted definition of an economist: Someone who can tell you tomorrow why their predictions yesterday didn’t come true today. We have learnt over the years, but particularly in 2020, that the bigger the name and the media profile, the worse they are at analysing residential real estate and forecasting outcomes. Cast your minds back to the predictions in March/April 2020 from senior economists employed by the major banks, big institutions like AMP and even those working for specialist real estate research entities. And then again later in the year when the so-called September Cliff was proclaimed an impending disaster. There was a chorus of predictions of a long recession, with double-digit unemployment and real estate values collapsing. How spectacularly wrong they were. Only the specialist property analysts got it right. But the appalling track record of economists with real estate analysis stretches back years and includes the alarmist predictions about property prices in the wake of the GFC – also proven to be spectacularly wrong. It’s remarkable that media continues to give these charlatans airplay. Credibility, it seems, is optional, so long as you have “economist” in your title. So the nation’s gaggle of chattering economists has been compelled to admit they got it wrong in 2020 and most of them are now forecasting big price growth this year. You will note that what they are predicting is already happening, highlighting another characteristic of this bloated and overblown profession: predicting the recent past. And how do they explain the gathering boom? Record low interest rates! God help us. The lack of expertise among the talking heads who clutter up the airways with their simplistic analysis is quite breathtaking. As we all know, we’ve had ultra-low interest rates for years. Very little has changed in that regard to explain the recent uplift in sales activity. When Sydney and Melbourne were having their real estate boom from 2013 to 2017-ish, economists generally explained the price rises with “record low interest rates”. They had no response to the obvious question at the time: how come prices in Perth and Darwin were falling, while Canberra, Brisbane and Adelaide were stagnating? The “low interest rates = property boom” theory also fails to explain why the last two genuine nationwide property booms, in the late 1980s and in the early years of this century, both occurred during periods of very high and rising interest rates. My view, strongly, is that record low interest rates do not explain what’s happening in real estate across most of Australia. The growth is being fueled by multiple factors, including …  A stronger-than-expected economy  Lower-than-predicted unemployment  State and federal stimulus measures  The build-up of savings during the pandemic period  People in lockdown reviewing their life choices  Ultra-low vacancies, putting upward pressures on rents and prices  Pent-up demand, leading to rising sales activity  Low listings levels, relative to rising buyer demand  The Exodus to Affordable Lifestyle trend, which is hugely influential  Increased spending on major new infrastructure  The revival of the resources sector  The return of ex-pat Australians in large numbers  The belated entry of investors to compete with owner-occupiers  Perceptions about the safety and solidity of bricks & mortar in times of uncertainty  The growing prevalence of e-commerce and its impact on industrial property, which has repercussions for residential demand  Access to low-cost finance And you’ll notice that I mention low interest rates as just one of 16 different factors – and I mention it last and definitely least. /episode/index/show/hotspotting/id/17911001

Your Most Burning Property Questions Answered 02/06/2021

Top 5 Adelaide Hotspots 02/06/2021

Good News Bulletin 3 February 2021 02/03/2021

Good News Bulletin 3 February 2021 New data from two sources confirms that a national real estate boom is under way across Australia. The latest figures from both Domain and CoreLogic record annual growth in house prices in most locations in the nation, but in particular in the latest quarter. CoreLogic’s 1 February price report shows that all 15 market jurisdictions (eight capital cities and seven state regional precincts) recorded uplift in the month of January and in the three months to the end of January. Domain’s price report published last week shows all eight capital cities had significant price increases in 2020, with particularly major uplift in the December Quarter. The CoreLogic figures show quarterly growth of at least 2.4% in all 15 of the major market jurisdictions. That equates to double-digit increases over the coming year if those growth rates are maintained. But 12 of the 15 major markets had quarterly increases ranging from 3.5% to 7.8%. The Domain data shows quarterly rises in house prices ranging from 3% to 6.4% in five of the eight capital cities and equally significant increases throughout many regional locations. The smaller capital cities and the regional markets are leading the growth in house prices. In annual terms, according to CoreLogic, Darwin (15%), Canberra (9.5%), Hobart (8%) and Adelaide (7%) are all out-performing, while the regional markets of Tasmania, South Australia, NSW and Queensland have all increased by between 8% and 12.5%. The growth is being fuelled by multiple factors, including …  A stronger-than-expected economy  Lower-than-predicted unemployment  State and federal stimulus measures  Ultra-low vacancies, putting upward pressures on rents and prices  Low listings levels, relative to buyer demand  The Exodus to Affordable Lifestyle trend  Increasing spending on major new infrastructure  The return of ex-pat Australians in large numbers  The belated entry of investors to compete with owner-occupiers  The safety and solidity of bricks and mortar in times of uncertainty  Access to low-cost finance And you’ll notice that I mention low interest rates as just one of a dozen different factors – and I mention it last and definitely least. That’s contrary to Australia’s gaggle of chattering economists who seem to think that low interest rates is the only factor causing prices to rise – which, frankly, shows how little the members of that over-rated profession really understand about real estate markets. Bye for now. /episode/index/show/hotspotting/id/17801012

Top 5 NSW Regional Hotspots 02/01/2021

How to Find Tenants and Thrive in Tricky Markets 01/23/2021

Cheapies with Prospects Report bundle 01/18/2021

Top 5 Sydney Hotspots 2021 01/16/2021

Top 5 Sydney Hotspots 2021 Sydney markets have defied the pandemic recession, with notable uplift in sales activity and prices in 2020. Our quarterly survey for the Summer edition of The Price Predictor Index has identified more growth markets than at any time in the six years of these surveys. In our survey six months ago, we could find only 24 suburbs with rising sales momentum across the Greater Sydney area - and 31 suburbs ranked as declining or danger markets. Now we find 93 suburbs with rising sales activity - and the number of declining or danger markets has halved. There are two distinct sectors doing well across the Greater Sydney area: the upper end of the market and the outer-ring areas where first-home buyers and other budget owner-occupiers have been busy. The more expensive sector is being led by the Inner West and the Northern Beaches. Other top end precincts with buoyant markets include the municipalities of Woollahra, Waverley and Randwick. A few tiers below those markets price-wise, Sutherland Shire continues to show signs of being an up-and-coming market. The more affordable parts of the Sydney metro area are also buoyant. Out west, the Blacktown and Penrith municipalities both have seven suburbs with rising sales activity, while in the south-west the Camden and Campbelltown LGAs jointly have 12 rising suburbs. Our analysis of price trends across the Sydney metro area tells a story of stubborn resistance to the forces of the pandemic. Most suburbs have delivered growth in their median house prices in the past 12 months – and most also have had growth in the most recent quarter, amid the pandemic period. So, against that positive background, we have published our new 2021 edition of the Top 5 Sydney Hotspots report. We’re predicting a nationwide real estate boom in the coming year and we expect Sydney to be part of it. So have a read of our new Top 5 Sydney report and find out where we think the best places to buy can be found. /episode/index/show/hotspotting/id/17569850

National Top 10 Best Buys 2021 Edition 01/11/2021

QLD On Cusp Of Real Estate Boom 01/08/2021

QLD On Cusp Of Real Estate Boom We’ve just published our two major hotspots for Queensland – Top 5 Brisbane and Top 5 Regional Queensland – at a time when many of these markets are on the cusp of a real estate boom. The Brisbane market has shrugged off the impacts of the pandemic and is in its strongest position to generate price growth for five years. This is starting to translate increasingly into evidence of uplift in property values. Our analysis of sales activity across the Brisbane metropolitan area has identified 56 suburbs with rising momentum, the highest number since late in 2015 and double the number identified in our survey six months ago. The numbers show an all-round improvement in the Brisbane market, with a sharp reduction in the number of declining or danger markets. Brisbane’s affordability relative to the biggest cities is helping to boost its market, with more people relocating to South-East Queensland from Sydney and other parts of Australia. Brisbane is a natural beneficiary of the Exodus to Affordable Lifestyle trend and is also benefiting from strong consumer confidence as a result of the success in controlling Covid-19. We’re also seeing very positive trends in the state outside of Brisbane. Indeed, this is the strongest Regional Queensland market in the six years we have been conducting our quarterly surveys of sales activity and prices. The number of rising markets is the highest recorded, by a considerable margin, and property values are growing. We have identified 72 locations with rising sales activity, a remarkable result in the year of the pandemic. Locations across the state are benefiting from the Exodus to Affordable Lifestyle and/or the improvement in the resources sector. Vacancies are ultra -ow in most of these places. There are seven regional cities with five or more suburbs with forward momentum in sales activity: the Sunshine Coast, the Gold Coast, Toowoomba, Mackay, Rockhampton, Gladstone and Townsville. These cities, plus smaller regional centres like Gympie, Emerald, Warwick, Kingaroy and Dalby, all have markets trending in the right direction for sustained price growth. The Sunshine Coast is again the standout location, but other regional markets are emerging, notably the important inland city of Toowoomba. And we are seeing recovery in resources-related centres which have spent several years in downturn, including Gladstone, Mount Isa and Emerald. So the best way to find out which are the best markets to focus on in Brisbane and Queensland – and why – is to get our Queensland Bundle. It includes Top 5 Brisbane and Top 5 Regional Queensland and is a great way to make some decisions about where you might buy in 2021. /episode/index/show/hotspotting/id/17465405

Good News Bulletin 06 January 2021 01/07/2021

Good News Bulletin 06 January 2021 Seven of the eight capital cities delivered growth in their house prices during 2020, according to the latest data from CoreLogic. The price increases were highest in Darwin, which grew 12% last year, followed by Canberra’s 8.5%, Hobart’s 7.7% and Adelaide’s 6%. Melbourne was the only city to record a decline in its median house price, down 2% in 2020. Sydney (up 4%), Brisbane (4.6%) and Perth (2%) all recorded moderate growth in their house prices, in a year when most of the nation’s cities defied the pandemic and its negative economic impacts. The average growth figure for the combined capitals was reported by CoreLogic as 2.6%, a number that seems unreasonably low given that six of the eight cities had growth considerably higher than that. Apartment markets did not fare as well as houses, with four cities delivering price growth, two recording no change and two (Brisbane and Sydney) having small declines in their median un it prices. The combined cities average was a rise of 0.2% in 2020. So the capital cities did pretty well in the pandemic year, especially the smaller ones … BUT … Regional property markets across Australia out-performed the capital cities – and by a considerable margin. CoreLogic data shows that the result for the Combined Regions was a rise of 7% for houses and 6% for units, compared to 2.6% and 0.2% for the Combined Capital Cities. House prices rose 12% in Regional Tasmania (compared to 7.7% in Hobart), 8.8% in Regional NSW (compared to 4% in Sydney), 7.8% in Regional South Australia (compared to 6% in Adelaide), 7.3% in Regional Queensland (compared to 4.6% in Brisbane) and 5.5% in Regional Victoria (compared to a 2% decline in Melbourne). Unit markets also did well in the regions, with price increases headed by South Australia (up 11.7%) and Tasmania (up 10.5%). NSW, Victoria and Queensland all recorded unit price rises between 5.5% and 6.5% in the regional areas. The only regional market to record price decline was Western Australia, which dropped both for houses and for units. So, overall, an amazingly positive result for property prices in a year that threw up all kinds of hurdles – and in defiance of the negative predictions by economists and journalists. All this was achieved without a great deal of involvement from investors. And that’s one of the things that will be different this year. Stand by for a big big year in residential real estate in 2021. /episode/index/show/hotspotting/id/17454803

Price Predictor Index Summer Edition 20/21 01/05/2021

Price Predictor Index Summer Edition 20/21 The year of the pandemic has been a very good advertisement for residential property as an asset class. And our new Summer edition of The Price Predictor Index demonstrates the point well. Our analysis of sales activity and prices in capital cities and regional markets across Australia has revealed a series of highly positive outcomes – pointing to strong price growth in 2021. Many jurisdictions have had the best results on sales trends we have seen in the six years we have been conducting our quarterly surveys, including Sydney, Perth, Regional NSW, Regional Queensland and Regional WA. Brisbane has had its best result since 2015. Other precincts have done outstandingly well with prices. In Regional Victoria, 92% of suburbs and towns have had growth in their median prices in the past 12 months. In Hobart and Tasmania, 90% of locations have delivered growth, while 80% of towns in Regional South Australia have grown their prices and 81% of Canberra suburbs have had uplift. Looking at it from another perspective, Canberra and Regional Tasmania have both had some level of house price growth in every one of the past nine months (i.e. since February, when the pandemic struck the nation), while Adelaide, Regional Queensland and Regional NSW have all had growth in eight of the nine months. One of the dominant themes in this edition of The Price Predictor Index is the trend of people relocating from the biggest cities to more affordable locations that offer lifestyle. This trend has been gathering speed for a number of years and has been enhanced by the pandemic period, with its enforced lockdown phases. Regional areas in particular have attracted increased demand as a result of this pattern. In the most populous states - NSW, Victoria and Queensland - the regional jurisdictions have out-performed their capital cities on the number of suburbs or towns with rising sales activity. Sydney had a record 93 growth markets in this quarterly survey, but Regional NSW had more, with 116. Melbourne has been outdone by Regional Victoria and Brisbane has been bettered by Regional Queensland. Collectively in those three states, the regional jurisdictions had a total of 223 growth markets, compared to 174 growth suburbs in the capital cities. Regional towns have also excelled in South Australia, Tasmania and Western Australia. Sales activity is rising and prices are responding. What started as a steady drift of people moving from the big cities to the smaller cities or to regional areas has turned into something approaching a stampede. We know from other research that first-home buyers are one of the most active cohorts in the market. The lending data shows the market share of FHBs is the highest in more than 10 years. This is reflected in the results of this quarterly survey. In many of our capital cities, the best results in terms of the number of suburbs with upward momentum have been the cheaper areas. Those are just some of the highlights of this new Summer edition of the Price Predictor Index. It’s one of our most popular reports because it provides a reliable forward indicator of what’s likely to happen with property prices in every significant suburb and town across Australia. It includes our National Top 50 list of Supercharged suburbs and our National Top 50 list of the most consistent markets in the nation. It highlights the Top 10 municipalities in Australia in terms of uplift in sales activity heading towards strong price growth. So get yourself a copy of the new Summer edition of the Price Predictor Index to find out what’s going to happen in real estate across Australia in 2021. /episode/index/show/hotspotting/id/17425436

Top 5 Melbourne Hotspots 2021 12/21/2020

What is happening in the property market right now? 12/11/2020

Should I diversify? I am unsure about investing in an area I don’t live in 12/04/2020

Good News Bulletin 1 December 2020 12/02/2020

Top 5 Brisbane Hotspots 2020/21 12/01/2020

Top 5 Brisbane Hotspots 2020/21 Brisbane In Strongest Position In 5 Years To Deliver Price Growth The Brisbane market has shrugged off the impacts of the pandemic and is in its strongest position to generate price growth for five years. This is starting to translate increasingly into evidence of uplift in property values. Our analysis of sales activity across the Brisbane metropolitan area has identified 56 suburbs with rising momentum, the highest number since late in 2015 and double the number identified in our quarterly survey six months ago. The numbers show an all-round improvement in the Brisbane market, with a sharp reduction in the number of declining suburbs and a reduction also in the number of danger markets. Brisbane’s affordability relative to the biggest cities is helping to boost its market, with more people relocating to South-East Queensland from Sydney and other parts of Australia. Brisbane is a natural beneficiary of the Exodus to Affordable Lifestyle trend and is also benefiting from strong consumer confidence as a result of the success in controlling Covid-19. In the six years we have been conducting our quarterly surveys of sales activity and prices, it has been common for northern Brisbane to dominate the positive results – and that is certainly the case in this Summer 2020 survey. Of the 56 suburbs with rising sales activity, 12 are in the Brisbane-north precinct of the Brisbane City Council area and 13 are in the neighbouring Moreton Bay Region. While the most prolific markets are in the north, there also has been a notable revival in Logan City in the south. The municipality is the urban bridge between Brisbane City and the Gold Coast and traditionally attracts buyers seeking cheap real estate and good infrastructure. There are growth markets in other parts of the Greater Brisbane area as well – Brisbane-inner (4), Brisbane-east (5), Brisbane-south (3) Brisbane-west (3) and Redland City (5) all have some suburbs with rising sales activity. Our analysis of price trends across the Brisbane metropolitan area shows that most suburbs have recorded house price growth in the last 12 months, but an even higher percentage have had growth in the most recent quarter. This again shows that the city has done well through the pandemic period. Our latest Top 5 Brisbane Hotspots include the areas that we have identified as those with the best prospects for returns and future capital growth. These recommendations are based on exhaustive analysis of the data and Terry Ryder’s 35+ years of experience as a property analyst. Discover Terry’s recommendations in the Top 5 Brisbane Hotspots. /episode/index/show/hotspotting/id/17014133

Should I buy an investment property in the neighbourhood I live in 11/26/2020

What are some of the common mistakes made when buying an investment property 11/20/2020

Why The Regions Out-Perform The Cities 11/15/2020

Covid Proof Commercial Investments That Passed The Test 11/14/2020

What do you look for in an area before you invest? 11/13/2020

Good News Bulletin 11 November 2020 11/12/2020

Good News Bulletin 11 November 2020 The latest price data from SQM Research, Domain and from CoreLogic shows a strong performance by house prices right across Australia. I’m predicting a national property boom in Australia in the near future and the latest figures from these three major sources confirm that the strong up-cycle is already under way in many parts of the nation. The Domain figures show that every capital city had growth in their median house prices in the September Quarter - except Melbourne where there was no change. Apartment markets have been less bullish, and some capital cities have dropped (impacted by high CBD vacancy rates in the big cities), but even there the national averages are a 0.1% rise in the September Quarter and a 2.2% rise annually. The numbers overall are quite remarkable amid a pandemic-induced recession. In the September Quarter, house prices grew by 2.8% or more in four of the capital cities: Adelaide, Hobart, Darwin and Canberra. Hobart rose 6.9% and Darwin by 6.6% - in the September Quarter alone. Many readers will be scratching their heads. We never hear about these markets, do we? We hear a lot about Sydney and Melbourne, but when’s the last time you read an article about the strong Adelaide housing market or Canberra property prices. How many are aware of the strong recovery under way in Darwin and also in Perth. In annual terms, all capital cities have house prices higher than a year ago. The national average is a rise of about 5% but individual cities have done much better. Hobart house prices are 16% higher than a year ago and Canberra is up 10%. Sydney, Adelaide and Darwin have all risen 7%. This reflects what we have observed month-by-month since the start of the pandemic, based on CoreLogic figures. Sydney and Melbourne have had numerous months in which house prices have dropped but the other capital cities have had growth months most of the time. Canberra has produced house price growth in each of the past eight months and Adelaide has had growth in seven of the eight months since February. Perth, Brisbane and Darwin recorded some down months, but bounced back in August, September and October, with Darwin showing particularly strong figures. Most regional markets have had sustained growth throughout the pandemic period since February, with Regional Tasmania delivering growth in every one of the past eight months, while Regional Queensland and Regional NSW delivered uplift in seven of the eight months. This strong showing by Regional Australia is seen also in the Domain figures just published. Despite the overall positive performance in the capital cities in the September Quarter, the capitals were out-performed by the regional markets. Domain reports that many regional markets have seen double-digit increases in their house prices, with some rising as much as 30%. Regional markets in Victoria, NSW, Tasmania and Queensland all have outstanding growth performances. Among the best have been the Southern Grampians in Victoria (up 31%), the Byron Bay region in NSW (up 29%), Forbes in NSW (up 22%), the Isaac LGA in Queensland (up 23%) and the Derwent Valley in Tasmania (up 28%). My own price analysis in recent weeks confirms strong regional uplift, with notable growth in the top end of the Sunshine Coast market, with some suburbs up about 30% in annual terms. Now this week we had the weekly report on prices from SQM Research. It shows that all eight capital cities have recorded growth in house prices in the past month and seven of the eight have had annual price growth. SQM’s Prices Index shows that the national average was a 2.3% rise in the rolling month index (the month to 10 November) and a 5.6% increase in annual terms, with regional areas showing better growth than the capital cities. The monthly increases by the eight capital cities were headed by a 2.9% rise in Hobart and a 2.2% rise in Sydney. Perth was up 1.7% and Brisbane 1.2% for the month. Melbourne returned to growth with a 0.4% monthly rise. In annual terms, Hobart leads with a 10% increase in house prices, while Melbourne is up 7% and Sydney 6%. Now think about it. We’ve all seen the headlines, which were particularly strident in March and April, forecasting a collapse in property prices. But residential property has not collapsed. It has done rather the opposite. Prices are rising in most locations around Australia. The national property boom I’m forecasting is already under way in many parts of the nation. And the infrastructure-led economy recovery planned by federal and state politicians will turbocharge this trend. Stay tuned. /episode/index/show/hotspotting/id/16781699

Australia’s Infrastructure-Led Property Boom: National Top 10 11/11/2020

Australia’s Infrastructure-Led Property Boom: National Top 10 Federal and state political leaders intend to generate an infrastructure-led economic recovery in Australia. That will turbocharge a residential property boom which is already building across the nation. And that is why we have created a new report called “Australia’s Infrastructure-led Property Boom – National Top 10 Hotspots”. Infrastructure spending is always a key driver of growth in residential property markets and government plans to fast-track shovel-ready projects will enhance the established trend of rising markets in many parts of Australia. The research conducted daily by the Hotspotting team places considerable emphasis on infrastructure. The best places to invest have impact from infrastructure in two key ways: excellent existing infrastructure (public transport, schools, medical services, retail outlets, etc) and spending on new infrastructure. New infrastructure is particularly influential on generating growth in residential property markets. Our belief is that no other factor impacts property markets as strongly as major new infrastructure spending. Infrastructure such as new motorways, rail links, hospitals and universities improve the amenity and desirability of the locations directly impacted. These projects generate major economic activity and employment – and from that flows demand for real estate. From 2013 to 2017 both Sydney and Melbourne had significant real estate booms, but this was not replicated in other parts of Australia. During that period, the markets in Perth and Darwin were in reverse, and those in Brisbane, Adelaide and Canberra were largely stagnating. The fundamental difference was the infrastructure spend. Both Sydney and Melbourne were spending tens of billions of dollars on new infrastructure. As a consequence, the economies of the two biggest cities were strong, as a time when the other cities were weak or in decline. We have seen major infrastructure spending transform local economies and their property markets in many significant regional cities across Australia. Projects totalling more than $20 billion have transformed the Sunshine Coast from a tourist town to an international city and it currently has one of the strongest property markets anywhere in Australia. Newcastle, Geelong and Wollongong are all regional cities which have transitioned by older-style economies based on manufacturing to prosperous modern economies through spending on new infrastructure and the generation of new employment sectors. Growth property markets have emerged from the transition in these places. The recent Federal Budget provided evidence that the Australian Government intends the past-pandemic economic recovery to be largely inspired by spending on major projects across the nation. It’s also clear that State Governments are ramping up their spending on roads, rail links and other projects to generate jobs. So in our new report on “Australia’s Infrastructure-Led Property Boom”, we highlight ten locations which are poised for growth as a result of big spending on new infrastructure. More potential hotspots will emerge as governments firm up their plans and announce start dates for major developments. But, for now, these are the locations we think will receive the greatest uplift in the short-to-medium term. So, get yourself a copy of this new report – and, if you have any questions, email me on . Bye for now. /episode/index/show/hotspotting/id/16766363

Finding the Best New Properties in The Nation's Top Locations 11/09/2020

Where To For Melbourne As It Exits Lockdown? 11/03/2020

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