New research from RP Data suggests property prices in more than 250 suburbs around Australia are expected to double in value in the next ten years.
Tenants from almost 800 suburbs will also potentially see their weekly rent double within the same time frame.
The RP Data Autumn Investor Guide also revealed the nation’s top suburbs and towns to consider for property investment, including the 263 suburbs and towns with the potential to see 100 per cent growth in the next decade, 792 where rental growth will do likewise, and 582 suburbs where rental margins are currently topping 5.5 per cent.
According to the report, Victoria is the nation’s most likely state to see property values double. 68 suburbs in Victoria were identified, narrowly above New South Wales at 65.
For the full investor guide, visit the following link: http://www.myrp.com.au/investorsguide
For an article with further information on the RP Data report, visit:
