Australian real estate agency predicts top suburbs for investment in 2024

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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

 

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