2018 Hotspots and Predictions

What are people's thoughts on the market for 2018? Would love to hear thoughts on which regions or suburbs will grow and why? I was planning on looking to Perth in 2018 but am thinking it may be too soon. Im liking Canberra middle ring houses though. Wish Brisbane would move but whats new with that?

 

Perth - your right its too early. There is still too much oversupply, rental yields have also fallen back by around 25%.

Have you checked out the threads on Tassie/Hobart? seems to be a rising market??

 

Middle ring Brisbane. Larger land content if possible over 600sqm in good OO areas. An older free standing home with scope to add value. All depends on budget and goals.

 

ill be looking at launceston/northern hobart and middle ring brisbane, and keeping an eye on regionals (then maybe late 18' early 19' perth?

 

Maybe the formula with a buy and hold strategy would be a yield of around 6% and a rising market..... Is this possible in Tassie??
I think this is pretty much why @sash model works well

I would also not be putting all my eggs in one basket, spread the risk

 

Nah don't spread the eggs.....if one egg rots others go with it....dems how it works....

And remember....Sydney never goes down......

 

Hard to predict what will happen in 2018 we have pretty dumb people in government, you just dont know what policy they will come up with. everyone I know is staying away from Brisbane. In my opinion it will be the start of a tougher period over there but we will have to wait.

I would say the safest bets are still Melbourne and Sydney, albeit certain areas rather than everywhere.

 

@MTR i personally think that is very possible in tassie, yields are all around 6% or above and the market is rising, i feel hobart CBD or close to will be reaching peak in about 12-18 months ita been going strong for a couple of years now. i think northern suburbs of hobart and launie will do good next year and 2019.

And also what is sashs model? Is there a thread onnit

 

@sash has explained it somewhere of his strategy - investing in areas with 6% yield and 6% CG - blood hard to find it these days though... but follow him closely... we might have a hint

 

Hi mate, do you know the thread name where @sash mentioned about it ? I would like to know more about this strategy.

 

Read his posts start with Somersoft forum

 

Generally ok, but need to look at the specific holding costs. Tas and ACT have land tax from first dollar so need to take that into account.

 

I think Brisbane will run. I am originally from Sydney. The amount of phone calls I get from people considering relocating for better housing and smaller mortgages are huge.

 

I'd say central coast and Newcastle in 2018. not sure beyond that

 

I think some of the smaller markets may have their time in the sun soon, albeit absolute growth numbers may be quite small in broad terms as the starting point is generally lower. Lending changes may force investors to look to other areas, lower budgets, & in general cause more caution in the major markets.

Tas will likely benefit from increased investor activity and a short term demand spike, esp if its economy continues to perform well. Long term population issues may not necessarily mean its the best long term play though. Likely other regionals/etc that most won't know too much about.

Probably time when investors with skill in picking CG in short term will do well. Buying in a major city & benefitting from the credit/rate drop impact on asset prices has likely run its course.

 

I am somewhat invested in Hobart and have had some strong growth there, no doubt more to come. Im fairly heavily invested into SEQueensland and its been a very slow burn. I went there too early and its really slowed me down. Dont want to do that again which is why i wont touch Perth until i see some clear signs that it has turned.

 

Isn't Tassie market already hot and hyped up? Is it any good even entering at this time when prices have already nearly doubled?

 

i think this is mostly true for hobart, but there is still the outer suburbs of hobart and launceston starting to go now

 

I agree that the properties in Tassie is already at the peak. I can't see properties in Lutana suddenly becoming Sandy Bay prices in the near future.

Why is it that no one is supporting Adelaide? Good returns and a way to balance the books.

 

Bondi
@Leo2413

The biggest sale of the weekend was 159 Hastings Parade, North Bondi, which sold for $7.55 million.

Any ideas on why?

How many apartments can you build on this block?