Australian real estate agency predicts top suburbs for investment in 2024

  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 8 sec. here
  • 19 min. at publisher
  • 📊 Quality Score:
  • News: 66%
  • Publisher: 72%

Real Estate News

Australian,Real Estate,Agency

An Australian real estate agency has revealed its predictions for the top suburbs to invest in around the country in 2024. The agency expects a surge in property prices due to a shortage of homes for sale and returning migrants choosing to buy instead of rent.

An Australian real estate agency has revealed its predictions for the top suburbs to invest in around the country in 2024. The agency expects a surge in property prices due to a shortage of homes for sale and returning migrants choosing to buy instead of rent. Despite a recent drop in prices, Southport remains an attractive investment with houses at a median price of $1,850,000 and units at $805,000.

The rental market in Southport is thriving, with houses showing a 115% 10-year price growth and a 4.4% rental yield, and units offering a 5.9% yield

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines