Investing sentiment in Australia over the next 2 years [Poll]

Discussion in 'Property Market Economics' started by rizzle, 29th Jun, 2015.

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  1. rizzle

    rizzle Well-Known Member

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    I was going to do a poll but there is a cap on the number of options.

    From the below; what do you consider the best investment locations (for capital gains) over the next two to three years? (these are Australia's most populous cities/regions)
    • Sydney
    • Melbourne
    • Brisbane
    • Adelaide
    • Perth
    • Canberra
    • Gold Coast-Tweed Heads
    • Newcastle-Maitland
    • Sunshine Coast
    • Wollongong
    • Geelong
    • Townsville
    • Cairns
    • Toowoomba
    • Ballarat
    • Bendigo
    • Albury-Wodonga
    • Mackay
    • Rockhampton
    • Bundaberg
    • Other
    I'm not in a position to buy for a long while yet, but I'm curious where the sentiment currently lies.

    Purely based on discussions here and on Somersoft I'm guessing Brisbane will be the stand out. It sounds like Sydney might have a little steam left in the tank (who knows how much though). I've heard murmurings about Newcastle and Gold Coast.

    What do you think?
     
    rizzle, 29th Jun, 2015
    #1
  2. D.T.

    D.T. Specialist Property Manager Business Member

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    Australia's most populous?
    Adelaide, Perth, Canberra, etc all have more population than half those places listed.
     
    D.T., 29th Jun, 2015
    #2
  3. rizzle

    rizzle Well-Known Member

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    Woopsie - I buggered up my list :(. Fixing now.
     
    rizzle, 29th Jun, 2015
    #3
  4. Coota9

    Coota9 Well-Known Member

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    @Sim
    What is the current cap on poll
    options?
     
    Coota9, 29th Jun, 2015
    #4
  5. nth brisbanite

    nth brisbanite Well-Known Member

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    Brisbane, but I'm biased.
     
    nth brisbanite, 29th Jun, 2015
    #5
  6. rizzle

    rizzle Well-Known Member

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    I think it was around 7 or 8 maybe
     
    rizzle, 29th Jun, 2015
    #6
  7. Juckums

    Juckums Member

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    Brisbane or Sunshine Coast for me.
     
    Juckums, 29th Jun, 2015
    #7
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  8. DreamzUnlimited

    DreamzUnlimited Well-Known Member

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    In order of preference:

    1. Sydney
    2. Brisbane
    3. Melbourne

    Am not an expert investor though. Just getting started :)
     
    DreamzUnlimited, 29th Jun, 2015
    #8
  9. See Change

    See Change Well-Known Member

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    Brisbane / Adelaide .

    Think you may find the horse has bolted on Newcastle

    Cliff
     
    See Change, 29th Jun, 2015
    #9
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  10. HUGH72

    HUGH72 Well-Known Member

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    Brisbane and Adelaide, Gold Coast/ Sunny Coast. There may be a little left in Sydney but you would be playing with Fire.
    Melbourne I have no idea?
     
    HUGH72, 29th Jun, 2015
    #10
  11. R377

    R377 Well-Known Member

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    Sydney and Melbourne may still have growth over the next two years but after that it could well be flat or negative for quite a while.
    I would put my money on Adelaide and Brisbane but my sleeper pick would be Townsville to get some life. It has been flat there for years now. Ripple effect from Cairns and Brisbane....
     
    R377, 29th Jun, 2015
    #11
  12. WattleIdo

    WattleIdo midas touch

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    Location:
    Riverina NSW
    Frankston
    Adelaide
    Gold Coast
    Brisbane
    Sunshine Coast
    Toowoomba, Townsville, Mackay, Cairns, Rockhampton. Nowhere mining related.
    Regional NSW - but agree that the horse has bolted anywhere within 150km of Sydney.
     
    WattleIdo, 29th Jun, 2015
    #12
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  13. nth brisbanite

    nth brisbanite Well-Known Member

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    Are the above in order with Frankston, number 1? Why Frankston when there are better Melbourne suburbs?
     
    nth brisbanite, 29th Jun, 2015
    #13
  14. WattleIdo

    WattleIdo midas touch

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    You have to take this with a grain of salt - I have a property there. But yes, I think Melbourne will get hot -still not even 7 years since the last boom. Melbourne is a dark horse which defies logical rational projections.
     
    WattleIdo, 29th Jun, 2015
    #14
  15. Phantom

    Phantom Well-Known Member

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    Sydney?
     
    Phantom, 29th Jun, 2015
    #15
  16. Bentley

    Bentley Well-Known Member

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    Adelaide.
     
    Bentley, 30th Jun, 2015
    #16
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  17. D.T.

    D.T. Specialist Property Manager Business Member

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    Results seem to speak for themselves :)
     
    D.T., 30th Jun, 2015
    #17
  18. nth brisbanite

    nth brisbanite Well-Known Member

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    Why? Adelaide would be way down on my list
     
    nth brisbanite, 30th Jun, 2015
    #18
  19. rizzle

    rizzle Well-Known Member

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    +1 I'm interested to hear why people are suggesting Adelaide.

    Pete Wargent (economics writer) regularly takes the opportunity to point out the dangers of investing there. Macroeconomically it has some big challenges (lack of big projects/brain drain/declining car industry etc.). What do people think will lift Adelaide prices moreso than other regions?
     
    rizzle, 30th Jun, 2015
    #19
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  20. jaybean

    jaybean Well-Known Member

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    Probably the differentials are just too big. Just like Brisbane. Economically Brisbane isn't doing great either but when houses in the best parts of town were going for 500k (18 months ago) something has to give.
     
    jaybean, 30th Jun, 2015
    #20
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