Money

Gladstone top investment location

Gladstone was the standout suburb in the inaugural Fast 50 report by Smart Property Investment.
Gladstone was the standout suburb in the inaugural Fast 50 report by Smart Property Investment.

AS THE real estate market across Australia flounders to recover from the Global Financial Crisis Gladstone has been highlighted by market experts as the top investment location.

The inaugural Fast 50 report by Smart Property Investment said although forecasts for Australian house prices remained lukewarm there were still strong investment opportunities for investors with the nous to sniff out the right pockets of the market.

The report highlights the top suburbs tipped to deliver investors the best capital growth in 2012 and beyond with resource towns in Queensland making up a significant proportion of the suburbs listed in the report, with 11 local suburbs making the influential list.

Gladstone was the standout suburb, identified by three of the seven real estate experts who collaborated with Smart Property Investment to formulate the report.

The report idetified a strong resource industry and impressive population growth as contributors to significant investment returns in our major industrial township, with high capital growth prospects, low level risk, low vacancy rates, high per capita incomes and a shortage of housing compared to demand, all contributing to its investment appeal.

Hotspotting director Terry Ryder earmarked Gladstone as one of his top selections. "Rents have shot up in Gladstone but prices haven't yet moved a great deal,"  Mr Ryder said. 

"The early influx of workers on the $100 billion or so in new industrial projects has started to impact and this will gather serious pace in 2012," he said.

The Bowen and Surat Basin regions and their neighbouring areas also featured strongly in the Smart Property Investment Fast 50, with Moranbah, Dysart, Chinchilla and Roma all making the list.

Woolloongabba was the only Brisbane suburb to make it into the report.

The Fast 50 hotspots were selected based on a range of key metrics, including population growth, demand for housing, income levels, employment, vacancy rates, previous capital growth and current gross rental yields.

The report's contributors included leading property economist Dr Andrew Wilson, TV personality and property expert Margaret Lomas, property research specialist Louis Christopher, property columnist Terry Ryder, property mentor Helen Collier-Kogtevs, independent mortgage broker and buyer's agent Todd Hunter and director of NextHotSpot Luke Berry.

Editor of Smart Property Investment Phillip Tarrant said the 2012 Fast 50 proves there are still plenty of opportunities on offer for astute property investors.

"Capital growth is no longer a given when it comes to investing in real estate, but that's not to say it's not achievable either," he said.

"We're moving into a new era for property in Australia and investors will need to do their homework and buy strategically in order to secure the best returns."

In addition, Mr Tarrant said the 2012 Fast 50 highlights the need for investors to look outside capital cities.

"Certainly capital cities can be a good, safe investment, but for investors chasing more lucrative returns, strong, diverse regional centres are proving a very popular choice among the experts, largely due to their lower buy-in costs and more attractive rental yields - as well as great potential for price growth," he said.

"With mining and resources continuing to underpin the national economy, resource centres also continue to represent enormous opportunity for investment," he said.

For the full 2012 Fast 50 Report, investors can pick up a copy of the February issue of Smart Property Investment, on newsstands now.

The 2012 Smart Property Investment Fast 50 suburbs:
 

NSW

  • Muswellbrook
  • Moree
  • Rosemeadow
  • San Remo
  • Bathurst
  • Gunnedah
  • Mudgee
  • Wickham
  • Lapstone
  • Blacktown
  • Penrith
  • Liverpool
  • Richmond
  • Thornleigh
  • Pyrmont
  • Neutral Bay
  • Seven Hills
  • Goulburn

QLD

  • Moranbah
  • Dysart
  • Chinchilla
  • Roma
  • Toowoomba
  • Oakey
  • Gladstone
  • Rockhampton
  • Woolloongabba
  • Bowen
  • Emerald

WA

  • Port Hedland
  • South Hedland
  • Newman
  • Dampier
  • Fremantle
  • Murdoch
  • Como
  • Leederville
  • Greenfields
  • Halls Head

VIC

  • Warrnambool
  • Corio
  • Morwell
  • Frankston
  • SA
  • Port Adelaide
  • Aldinga Beach
  • Hackham
  • Seaford
  • Port Augusta
  • Whyalla

ACT
 

  • Canberra

Topics:  gladstone investment



Rebels locked and loaded for a third straight title

South Grafton Rebels run through final pre-match drills before their clash with Navy Tridents.

South Grafton put Group 2 on notice with dominant charity match win.

Opportunity for growth "fundamental” reason behind purchase

Director Michaell Hall, CEO Graeme Prior and general manager of Hall and Prior Kris Healy with director of nursing Julie Spicer as Grafton Aged Care Home welcomes its new owners.

Company commits to keep existing 120 jobs at aged care facility

Wonderful mother and loving nan will be missed

Bundjalung Elder Aunty Bertha Kapeen at The Lismore Showgrounds for the Naidoc Celebration Day. Photo Patrick Gorbunovs / The Northern Star

"She did so much for the community"

Local Partners

Oscars 2017: How did biggest award get stuffed up?

LA LA Land producer Jordan Horowitz has opened up on the mortifying moment on stage at the Oscars when he realised his film had not won Best Picture.

Lisa Curry can't marry her fiance

Lisa Curry breaks down in the jungle.

Lisa Curry says she can’t get married to her fiance

The true cause of the Oscars bungle

Faye Dunaway, left, and Warren Beatty present the award for best picture at the Oscars on Sunday, Feb. 26, 2017, at the Dolby Theatre in Los Angeles.

The Oscars ended with a moment that left everyone speechless.

HUGE OSCARS FAIL: Wrong film handed Best Picture award

Presenter Warren Beatty shows the envelope with the actual winner for best picture as host Jimmy Kimmel, left, looks on at the Oscars on Sunday, Feb. 26, 2017, at the Dolby Theatre in Los Angeles. The winner was originally announced as La La Land, but was later corrected to Moonlight.

IN A monumental stuff-up, La La Land incorrectly named Best Picture.

Blue Heelers' Ditch Davey joins 800 Words cast

Ditch Davey joins the cast of 800 Words as Terry, the younger brother of George, played by Erik Thomson.

George Turner's brother, Terry, arrives to Weld with a 'few demons'

Oscars winners 2017: Full list of Academy Award winners

Viola Davis accepts the award for best actress in a supporting role for Fences at the Oscars on Sunday, Feb. 26, 2017, at the Dolby Theatre in Los Angeles.

WHO won Oscars this year? Here’s a full list of every winner.

Why can’t Nicole Kidman clap properly?

Nicole Kidman's style of clapping has puzzled Oscars viewers.

FOR some reason, it seems Nicole doesn’t really know how to clap.

Casino boss loses $4m on waterfront Sunshine Coast home

The owner of this stunning Noosa home accepted much less than he had initially wanted for the home.

When illness struck owner forced to try and cash out of property

Mining homes dive: $600k homes sell for $120k-$300k

18 Yeates Street, Moranbah sold for $135,000 in December, after being repossessed by a bank. The owners bought for $545,000 in August, 2011.

The economy still has two speeds, but with a painful twist

The trick homeowners are using to buy more properties

Chantelle Subritzky leaves her home each week for Airbnb guests.

Queenslanders are going down this path to help pay their mortgages

Stunning home blends South Pacific beauty with Orient style

Immaculate residence with two outdoor living areas

Historic home 'Fairweather' up for action

Fairweather

Historic property owned for last 35 years up for sale

Ready to SELL your property?

Post Your Ad Here!