Population Growth Targets
- Look for: 1-2%+ annual growth
- Data source: ABS Census and estimates
- Warning sign: Declining population
Days on Market Guide
- Hot market: Under 30 days
- Balanced: 30-60 days
- Slow: 60+ days
Vacancy Rate Guide
- Strong: Under 2%
- Healthy: 2-3%
- Concerning: Above 3%
Employment Risk
Single-industry dependence is a major risk. Look for suburbs with multiple major employers, growing industries, and a mixed economy. A major employer leaving can devastate local property markets.
Growth Pattern
Property markets often follow a ripple pattern: inner city growth spreads to adjacent suburbs, then eventually reaches outer suburbs. Identify suburbs adjacent to high-growth areas that haven't yet caught up.
- Reviewed 5-year price history
- Checked population growth trends
- Analysed vacancy rates
- Identified major employers
- Researched planned infrastructure
- Visited the suburb in person
- Talked to local agents
- Checked council development plans