A selection of suburbs across the country are hitting all the right notes for a panel of property experts constantly on the hunt for the next hotspot.
These 17 ‘high conviction’ suburbs were nominated by at least two independent industry experts in the annual realestate.com.au Hot 100 list.
And only two of these suburbs – Mandurah in WA and Armidale NSW – were nominated by three experts for their desirability.
“I think the reason really is lifestyle, location and connectivity,” said PropTrack economist Anne Flaherty.
“They are both areas where the median price of a home is still relatively affordable…
Home price growth accelerated in February, with strong buyer demand soaking up the influx of new properties that hit the market over summer.
The property market has brushed off its summer slowdown, with values rising across most of the country in February and prices breaking records in four capitals.
The latest PropTrack Home Price Index showed the national median home value jumped 0.45% last month, while the combined capital city median climbed 0.48%.
Australia’s median home value is up 6.15% over the past year while capital city prices have grown a little faster, sitting 7.06% higher than this time last…