Best place for long term growth

And where I am it's all Chinese coming in. And I suspect for migration the Chinese have the biggest growth in figures into Australia, and this will continue.

 

Biggest growth perhaps along with India but half in absolute as the Poms
@petewargent

 

Price wise, the ratio now in the historical context is replaying back previous sydney peaks at 1990 and 2004.

 

Moranbah
Katoomba
Darwin

 

Darling Point

 

Just checked the ABS, Sydney is the number one city for Brits to move to followed by Melbourne. Can't work out how to post the data properly on my phone but The top suburbs in order are
Manly
15.6
Fairlight
14.9

Queenscliff
13.6

Balgowlah Heights
13.3

Church Point
13.1

North Balgowlah
12.8

Birchgrove
12.7

Bayview
12.6

Balmain East
12.2

Scotland Island
12.1

 

Best beaches? Most popular maybe, but theyre overcrowded. I'll take my many km's of unspoiled sandy paradise in SA thanks

 

Lol yeah The Whitsundays has nice beaches too but if you ain't got jobs you ain't got people

 

If the history repeats, the biggest 4 capitals will all have equal growth. Between 2000-2015, average yearly growth across the four capitals was almost identical at around 9%.

 

Interesting, may I ask where this stat is from?

 

This is way too hard for me, too many variables/factors that may/may not happen?? and some markets may see perhaps 3 or 4 boom cycles, some will see none?

 

Please see the thread:

Percent Median Difference Between Capitals

 

wherever the bogans live

they have a lot of room for improvement :-d

 

- Open this thread, see people saying they have the best beaches but aren't from WA .

Sydney is the highest and forever shall be, but property being cyclic I'd then assume it hasn't that much more room to grow until after the next down turn. So the question asked is basically which area is currently undervalued with the highest ceiling over the long term.

I guess I'd say somewhere outside but not too far from Sydney... but then again... will Brisbane see a big drop after this weather event and flooding again, and then later bounce back with gusto?

 

the question is not necessarily undervalue with respect to movement potential ( may or may not move as expected). Could be overvalued at the moment but still see the highest cagr over a 20 year period. eg sydney , more than half of respondents have voted for sydney in this poll.
by the way, hazlenut flatwhite is pretty good, but not as good as pure flatwhites.

 

These are strange inclusions amongst the company??

Gladstone
0 vote(s)
0.0%

Karratha
0 vote(s)
0.0%

Wangaratta

 

somehow, i dont think davoren park will quite make the list
Even with my considerable hyping prowess, it wont make the list...maybe close though...

 

Its all a bit crystal balling because I am asking for predictions 20 years from now, based on assumptions...yet this is a key driver of peoples decision making- ie they often buy property for the long haul, based on similar set of assumptions.
The mining towns like gladstone- 5 years ago, ill bet gladstone had a decent cagr over 20 year hold period ( ie 1991-2011)...whos to say that aint gonna happen again...
Wangaratta on the other hand- i put it in more as a joke....just to see if there are any takers.

 

yes, i know its a lot of ifs, maybes etc...yet people still buy property with a 20 year or similar long term view.

 

Was chatting to a 95-year-old fellow last week who recalled his Grandad selling his Darling Point house for 17,500 pounds in 1952 after 49 years of ownership because he wanted to lock in humongous gains.

Nek minnit land value is 40 mill.

New trend his century: Chinese multi-millionaires chasing trophy homes?