Real wealth australia | helen collier kogtevs | real wealth australia reviews |fast50

28 www.spionline.com.au february 2012
In a patchwork property market, investors need to pick their investment
targets carefully if they are to ensure solid growth over the long term.
There are still plenty of suburbs across Australia that are primed for
growth, but pinpointing them is never easy. With the help of the most
respected investment specialists, property commentators and analysts,
Smart Property Investment has identified the 50 suburbs likely to represent
the best buying opportunities in 2012 – and beyond
Smart Property Investment ’s inaugural
FAST
50

expert panelhroughout 2011 the residential
property market remained flat, with
pockets of growth peppered throughout
the nation.
Experts have predicted that 2012
will see a similar level of activity across the board.
However, with the help of a dedicated
team of leading property experts with decades
of experience between them, Smart Property
Investment has uncovered the Fast 50 suburbs
and towns where capital growth is expected to
accelerate in 2012 and beyond.
Our experts used a range of metrics to
identify their hotspots including population
growth, demand for housing, income levels,
employment, vacancy rates, previous capital
growth and current gross rental yields.
New South Wales was the most popular
state with 18 hotspots, Queensland received 11,
Western Australia came in close behind with 10,
Victoria received four, South Australia received
six locations and the Australia Capital Territory
received one, with Canberra.
The resources boomtowns in Queensland
and WA make up a significant portion of the
report, where a number of experts have flagged
the same suburb or region for growth.
By far the standout town was Gladstone,
which was recommended by three out of our
seven experts.
In NSW, much attention has been paid to
regional centres such as Bathurst and Mudgee,
with entry level prices expected to increase in the
short term. Western Sydney has also received a
high level of recommendations.
In South Australia the suburbs within the
City of Onkaparinga, south of the Adelaide
CBD, made three out of the six predicted
hotspots for the state.
Smart Property Investment would like to
thank Luke Berry, Louis Christopher, Todd
Hunter, Helen Collier‑Kogtevs, Margaret Lomas,
Terry Ryder, Andrew Wilson and RP Data for
their contribution to the Fast 50.
february 2012 www.spionline.com.au 29
Terry Ryder
Todd Hunter
Margaret Lomas
Andrew Wilson
Helen Collier-Kogtevs
Luke Berry
louis christopher
about the data
Terry Ryder has been involved in real estate since 1981 as an
investor, researcher and writer. He has accumulated three decades
of experience as a journalist, author and researcher specialising in
residential property and is the author of four books on residential real
estate and a property writer for newspapers, magazines and websites.
wHeregroup director and location researcherTodd Hunter began his
career in 2002 as a mortgage broker for Aussie. With over 10 years’
experience in housing finance under his belt, he has since gone on to
become an independent mortgage broker and professional buyers’
agent, where he excels in predicting growth areas ahead of time.
PIPA chair and Destiny Financial Solutions founder Margaret Lomas
is a best-selling author. She produces and hosts her own popular
TV program for property investors on Sky News Business. As co-
founder of Destiny Financial Solutions, Margaret oversees a property
investment advisory and education business.
Dr Andrew Wilson is senior economist for Fairfax-owned Australian
Property Monitors and is a regular contributor to Smart Property
Investment. He has previously held senior property and construction
research positions within industry, academia and government.
Dr Wilson provides regular market commentary.
Real Wealth Australia managing director Helen Collier-Kogtevs is
one of the most educated minds in Australian property investment
and has dedicated herself to teaching others through workshops
and mentoring programs. Real Wealth Australia is a corporate
member of Property Investment Professionals of Australia (PIPA).
NextHotSpot director Luke Berry regularly completes in-depth
analyses of projected capital growth and sales statistics, planned
infrastructure, and tenant profiling when locating hotspots. He is so
confident in his choices for 2012 that he has developed property in
some of his hotspots, including Whyalla, Gladstone and Gunnedah.
SQM Research founder Louis Christopher is one of the most
recognised and respected property analysts in Australia. He provides
regular market reports through SQM Research, an independent
property advisory and forecasting research house that specialises in
providing accurate property-related advice, research and data.
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Some suburbs do not include a unit
price, while others may not include a
median rental yield. Please note, where
a data field is marked‘SNR’(‘statistically
non‑reliable’) this indicates the location
does not have the volume of properties
to generate an accurate statistic.

Bathurst / Margaret Lomas Blacktown / Louis Christopher Goulburn / Margaret Lomas
Median price: $275,000 (H); $215,000 (U)
Gross rental yield: 5% (H); 5% (U)
Population: 34,303
Location: a regional city approx. 200km
west of Sydney
Median price: $376,000 (H); $285,000 (U)
Population: 39,000
Location: Western Sydney, approx. 34km
west of the Sydney CBD
Median price: $265,000 (H); $185,000 (U)
Population: 20,127
Location: a provincial city approx. 195km
from Sydney and 90km from Canberra
This one has been on my list for a year now
–and it’s staying there. The best buys exist in
suburbs like Kelso, with buy in prices around
the early $200,000 mark and rental yields
of 6.5 per cent. The strong educational base,
diverse industry and proximity to Orange and
the health and mining spin-off from that town
make for great buying right now.
STRONG, DIVERSE ECONOMY TRANSPORT LINKS/RISING INCOMES police academy/diverse jobs
The Western Sydney hub of Blacktown has
a good ratio of income to house prices, with
income growth rising quickly due to changes
in the demographics. Vacancy rates are
currently at just 1.1 per cent, making it an
attractive offer for investors. The suburb is on
the CityRail’s Western and Blue Mountains
lines and close to the M7 and M4 motorways.
Within easy driving distance of both Canberra
and Sydney, Goulburn is a safe haven with
the Police Academy in situ. It offers a great
lifestyle, low buy-in prices with 6.5 per cent
yields, diverse employment opportunities and
low vacancies. This one may experience some
positive investor sentiment which will boost
values in the short term.
Key growth driver Key growth driver Key growth driver
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Gosford
Newcastle
Sydney
07
04
09
18
08
03
01
15
5km
15km
30km
40km
Sydney
Gosford
13
02
10
11
16
17
14
12
05
06
New South Wales
New South Wales
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Gunnedah / Luke Berry
Moree / Terry Ryder
Lapstone / Louis Christopher
Mudgee / Luke Berry
Liverpool / Louis Christopher
Muswellbrook / Terry Ryder
Median price: $258,000 (H); $237,000 (U)
Population: 7,542
Location: a country town in northeast
NSW, approx. 75km from Tamworth
Median price: $202,500 (H); SNR (U)
Gross rental yield: 6% (H); SNR (U)
Population: 8,083
Location: far north NSW near the
Queensland border
Gross rental yield: SNR (H); SNR (U)
Population: 854
Location: on eastern escarpment of the Blue
Mountains, approx. 60km from Sydney CBD
Median price: $315,760 (H); $250,000 (U)
Population: 8,249
Location: a town in central west NSW,
approx. 270km northwest of Sydney
Median price: $400,000 (H); $250,000 (U)
Population: 21,000
Location: southwest Sydney, approx.
32km from the Sydney CBD
Median price: $285,000 (H); $285,000 (U)
Population: 16,676
Location: the Upper Hunter Valley
approx. 130km northwest of Newcastle
The Gunnedah Basin has significantly more
coal than the Hunter Valley, and is the
future of the coal mining industry in NSW.
Well-rounded local economies can boast
some of the best saleyards in the country for
beef and lamb, as well as wheat and wool,
complementing the centre of Australia’s
cotton industry. Housing scarcity, job creation
and long-term industry make these towns
very appealing.
Narrabri, Gunnedah and Moree are strong
regional towns in the northwest of NSW
which thrive on agriculture and tourism. There
is growing resources activity in the region and
the prospect of new rail links into Queensland
and a $1 billion solar power station. Rents are
already strong in these towns and prices are
expected to follow, particularly given their
current level of affordability.
INDUSTRY
NEW RAIL LINKS
LOW VACANCY RATES
POPULATION GROWTH
LOCATION/TRANSPORT
MINING/INFRASTRUCTURE
Lapstone, a small village at the base of the
Blue Mountains, enjoys close proximity to
Penrith from where there are regular trains to
the Sydney CBD. The suburb has a good ratio
of income to house prices. Vacancy rate is
currently 0 per cent. That’s right – there are no
vacancies in this suburb.
With a possible six resources projects opening
up in the next three to five years in the
Mid‑Western Shire, and around 2,000 new
jobs to add to the existing 11,000, Mudgee
expects its population to grow by around
6,000 – or 25 per cent – over that time.
Affordable, with median house pricing around
$300,000, it’s a lovely place to visit and to live,
so local tourism is also on the up.
With a large population and vacancy rates of
just 1.4 per cent, along with affordable house
and unit prices, Liverpool is seeing a lot of
interest from investors right now. The suburb
has a good ratio of incomes to house prices
and is on four CityRail lines.
The Hunter Valley, west of Newcastle, has
been one of the growth economies of 2011.
The region is characterised by wine, horses,
tourism and mining, with impetus stemming
from construction of the $1 billion Hunter
Expressway. Coal mining is expanding,
coal seam gas is emerging and the world’s
biggest coal export port (Newcastle) is also
expanding. Expect price growth in towns like
Muswellbrook, Maitland and Singleton.
Key growth driver
Key growth driver
Key growth driver
Key growth driver
Key growth driver
Key growth driver
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07
05
08 09
06
New South Wales

Neutral Bay / Louis Christopher
Richmond / Louis Christopher
Penrith / Louis Christopher
Rosemeadow / Todd Hunter
Pyrmont / Louis Christopher
San Remo / Todd Hunter
Median price: $1,460,000 (H); $586,000 (U)
Population: 10,277
Location: a harbourside suburb, approx.
5km north of the Sydney CBD
Median price: $370,000 (H); $305,000 (U)
Population: 5,560
Location: northwest Sydney, approx.
63km from the Sydney CBD
Median price: $335,000 (H); $247,000 (U)
Population: 11,396
Location: Western Sydney, approx. 50km
from the Sydney CBD
Population: 7,400
Location: the Macarthur region, approx.
56km southwest of Sydney
Median price: $823,000 (H); $658,000 (U)
Population: 11,088
Location: inner-city suburb 2km from the
Sydney CBD
Population: 4,014
Location: the Central Coast region,
approx. 17km northeast of Wyong
Neutral Bay is a harbourside suburb that has
many prestige properties heavily discounted
and ripe for the picking if the economy
picks up in 2012. Plus, there are many more
affordable apartments in the suburb that are
experiencing above average rental growth, yet
are also being discounted. One to watch.
Richmond is located north of Penrith, at
the foot of the Blue Mountains, in the local
government area of the City of Hawkesbury.
Vacancy rates are at just 1.4 per cent and
incomes are growing quickly. Housing is cheap
relative to current incomes. The suburb is on
the rail line and offers a semi-rural lifestyle just
outside the main suburban centre.
DISCOUNTING/HARBOURSIDE SUBURB
GROWING INCOMES
INCOME TO HOUSE PRICE RATIO
STRONG RENTS
LIMITED DISCOUNTING
HIGH POPULATION
Like many of its surrounding suburbs, Penrith
has a notably low vacancy rate, at just 0.6 per
cent. The suburb also has one of Sydney’s
best income to house price ratios and like
Blacktown, is on CityRail’s Western and Blue
Mountains lines and close to the M7 and
M4 motorways. Median prices are still at
affordable levels but on the rise. A good, safe
option for investors.
Due to high population growth, rents have
increased dramatically in the past few years
and will continue to do so in 2012, with new
first home owners not now exempt from stamp
duty on existing accommodation. Potential
first home owners will continue to rent,
putting pressure on rental properties and as a
result, rents will continue to increase sharply.
This will drive investors back to this market.
St Helens Park, Ambarvale and Eagle Vale will
also see benefit here.
New multi-storey developments for this
harbourside inner-city suburb seem to be a
thing of the past and we believe the discount
that Pyrmont offers – compared with other
harbourside suburbs – will eventually
evaporate. Its proximity to the CBD and
surrounding suburbs make it an ideal option
for investors considering buying in the
inner city.
The Wyong region has had a high population
for some time, with suburbs like Charmhaven
and Bluehaven now well-established suburbs.
With San Remo across the road, those
property buyers who cannot afford the higher
prices of Charmhaven and Bluehaven will look
to San Remo as a more affordable location
and carry out renovations to established
properties. San Remo is already starting to
take on a new look.
Key growth driver
Key growth driver
Key growth driver
Key growth driver
Key growth driver
Key growth driver
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11
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12
New South Wales
FAST
50

Hervey Bay
Mackay
Townsville
Brisbane
Gladstone
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24
21
22
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23
queensland
Seven Hills / Margaret Lomas Thornleigh / Louis Christopher Wickham / Luke Berry
Median price: $420,000 (H); $357,000 (U)
Population: 18,025
Location: approx. 34km west of the
Sydney CBD
Median price: $675,000 (H); $607,000 (U)
Population: 7,505
Location: approx. 25km northwest of
Sydney CBD
Population: 893
Location: an inner suburb of Newcastle,
approx. 3km from the Newcastle’s CBD
Seven Hills is a well developed commercial
centre serviced by public transport and great
arterial motorways. The Western Sydney
suburb has higher than Sydney’s average
population growth, with vacancy rates under
two per cent. This area outperforms other
parts of Sydney in capital growth and the buy-
in prices are highly affordable, with yields over
six per cent.
LOCATION/TRANSPORT LINKS INCOME GROWTH/TRANSPORT LINKS INDUSTRY
While not technically a suburb of Sydney’s
North Shore, Thornleigh benefits from its
close proximity to surrounding suburbs such
as Wahroonga and Turramurra. Its median
house price is below that of surrounding
suburbs – which appears to be a pricing
abnormality more than anything else. Incomes
are growing faster than the city-wide average
and the suburb is on a rail line.
With Newcastle the centre of the NSW coal
industry and the world’s largest coal export
port, the town benefits from any industry
growth. The foreshore and area to the west of
the CBD have been made over, and Wickham
is next in line to be re-urbanised/developed.
We also regard Newcastle’s western suburbs
(Fletcher and Cameron Park) as strategic
areas, with their close proximity to the new
freeway link via Branxton to the Hunter.
16 17 18
New South Wales
5km
15km
30km
40km29
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Brisbane
FAST
50

Bowen / Luke Berry Chinchilla / Helen Collier-Kogtevs
experts’ choice
Median price: $320,000 (H); $252,500 (U)
Population: 3,682
Location: a town in the Darling Downs
region, approx. 169km from Toowoomba
Median price: $437,000 (H); $350,000 (U)
Population: 28,808
Location: one of the world’s largest coal
export ports, 100km from Rockhampton
With houses averaging around $350,000, the
market is more accessible than Gladstone
and much of Townsville but is still primed
for growth. The focal point for several large
projects, notably the port at Abbot Point, the
town offers jobs, affordability and lifestyle
benefits. We recently met with a local real
estate agent and he is predicting that some big
things will happen at the end of 2012. So, this
is on our radar for later in the year.
INDUSTRY/RESOURCES MINING
RESOURCES
A township in the middle of Queensland’s new
and burgeoning coal seam gas and steaming
coal industry in the Surat Basin, Chinchilla
experiences medium capital growth, neutral
cash flow, and has medium entry level cost
and medium risk. The town is strategically
important to the national economy, has great
historical performance and great projected
performance, low vacancy rates, high per
capita income levels and a shortage of and
high demand for housing. Projected capital
growth is seven per cent.
Gladstone is a major industrial township
with a population of around 29,000, and
is expected to grow significantly over the
next five years. The town experiences high
capital growth, a low level positive cash flow,
medium to high entry cost and low risk.
It is strategically important to the national
economy, has average historical performance
and great projected performance, low
vacancy rates, high per capita income
levels, and a shortage of and high demand
for housing. Seventy-seven billion dollars’
worth of estimated resource projects
are under construction or in advanced
feasibility assessmentstages,includingmajor
aluminium refinery expansions, aluminium
smelter upgrades, power station upgrades,
a new major coal terminal, and at least four
coal seam gas projects. The population
required for construction is predicted
to grow the local population by 31 per
cent in the first five years and more than
double the population in 20 years. Rental
yields are between six and eight per cent.
[Helen Collier‑Kogtevs]
Key growth driver Key growth driver
Key growth driver
19
Emerald / Luke Berry
Median price: $410,000 (H); $295,000 (U)
Population: 10,999
Location: a town in the Central Highlands,
approx. 270km west of Rockhampton
Emerald services the established but growing
Bowen Basin mining area and the embryonic
Galilee Basin mining area. Critically, mining
is building on a long-standing and diverse
agricultural economy. Affordable, with median
house pricing at around $400,000, and good
rental yields of more than five per cent,
Emerald is a good, low-risk investment given
the lower buy-in prices.
SERVICES MINING TOWNS
Key growth driver
22
20
23
Dysart / Helen Collier-Kogtevs
Population: 3,137
Location: in Central Queensland, approx.
250km southwest of Mackay
MINING
Dysart is a minor coal mining township in
Bowen Basin with a population of 3,000 that
is not expected to grow significantly. It’s an
overflow town for Moranbah, with high cash
flow, medium entry level cost, less infrastructure
than Moranbah, medium risk, strategic
importance to the national economy, good
historical performance, medium projected
performance, high per capital incomes, low to
medium vacancy rates, shortage of housing and
medium demand. Dysart is supported by four
major mines in the region and experienced gross
rental yields of between 10 and 15 per cent.
Key growth driver
21
queensland
Gladstone / Louis Christopher
Helen Collier-Kogtevs, Terry Ryder
Median price: $350,000 (H); $160,000 (U)
Population: 7,484
Location: a town on the Queensland coast,
approx. 200km southeast of Townsville

Moranbah / Helen Collier-Kogtevs
Roma / Margaret Lomas
Oakey / Margaret Lomas Rockhampton / MargaretLomas,LukeBarry
Population: 7,133
Location: a coal mining town approx.
194km southwest of Mackay
Population: 5,983
Location: the Darling Downs area,
approx. 355km from Toowoomba
Population: 3,657
Location: a rural town situated approx.
32km northwest of Toowoomba
Median price: $217,500 (H); $447,500 (U)
Population: 76,729
Location: the city lies on the Fitzroy River,
approx. 600km from Brisbane
Moranbah is a major coal mining township
in the Bowen Basin with a population of
7,000, expected to grow to 14,000 by 2016.
High capital growth, high positive cash flow,
medium to high entry cost, low risk, strategic
importance to the national economy, great
performance, low vacancy rates, high per
high demand for housing all make this town a
fast grower. Rental yields are between 10 and
20 per cent.
This is my speculative pick and only for the
high-risk investor. Timing will need to be
impeccable, with the ownership period to be
from now and for seven years or so. As coal
seam gas is not unlimited, buyers will want
to get out long before there is any sign of this
falling off, at the peak of the market.
MINING
RESOURCES
INDUSTRY/LOCATION INDUSTRY
This is my wild card. It has the RAAF
Base and the Oakey mine and is around
30 minutes’ drive from Toowoomba. The
town of Toowoomba has huge potential – nine
small councils have merged to become one
‘super council’ and this area has become the
economic engine of the Surat Basin. Again, I
don’t like mining towns per se, but this is so
close to Toowoomba, which has a diversified
industry base, affordable housing and strong
rental yields. I’d give this area around five years
before it takes off.
This investment is a ‘buy now and wait for three
to five years for some action’. Buy-in prices
are low at around $220,000 to $250,000, with
strong yields around 7.5 per cent. I see this area
benefiting from the flow on effect of Gladstone
without the high risk that mining areas
traditionally bring. [Margaret Lomas]
While the scale of investment is smaller
than with Gladstone, it is still significant and
Rockhampton boasts several cheap areas such
as Berserker (median house price approximately
$240,000) that are set to boom. [Luke Berry]
Key growth driver
Key growth driver
24
27
25 26
queensland
Toowoomba / Terry Ryder Woolloongabba / Terry Ryder
Median price: $275,000 (H); $233,500 (U)
Population: 128,600
Location: Australia’s second largest inland
city, approx. 132km from Brisbane
Median price: $677,500 (H); $420,000 (U)
Population: 3,832
Location: an inner city-suburb, approx.
4km south of the Brisbane CBD
DIVERSE ECONOMY/RESOURCES URBAN RENEWAL/TRANSPORT LINKS
Queensland’s largest inland city is a prime
example of a strong regional economy that
benefits from the resources boom but doesn’t
rely on it – making it a safe long-term bet for
investors. Toowoomba has a diverse economy,
a secure water supply now that the pipeline has
been built to Wivenhoe Dam and an exciting
future given everything that is happening in
the neighbouring Surat Basin, Australia’s new
resources boom province. Toowoomba also
offers affordability, with most suburbs having
median house prices in the $200,000s.
In 2012, Brisbane can expect to see a similar
trend to Perth: a strengthening residential
market on the back of the mining sector.
Woolloongabba, best known for its cricket
venue, is an under rated inner-city suburb
that is experiencing a renaissance. It has good
transport links, a growing hospitals precinct
and strong urban renewal underway.
28 29
FAST
50

Dampier / Helen Collier-Kogtevs Fremantle / Terry Ryder Greenfields / Todd Hunter
Median price: $720,000 (H); $420,000 (U)
Population: 24,835
Location: a coastal city approx. 19km
southwest of Perth
Population: 9,316
Location: a suburb of Mandurah, approx.
72km south of Perth
A minor port infrastructure township for iron
ore and offshore natural gas, with a population
of under 2,000. Dampier experiences high
capital growth, high positive cash flow,
medium entry level cost and medium risk. The
town is strategically important to the national
economy, has good projected performance,
low vacancy rates, a high per capita income
levels, and a shortage of and high demand for
housing. Dampier has projected capital growth
of 10 per cent and average gross rental yields
of 10 per cent.
RESOURCES URBAN RENEWAL LOW PRICES/CLOSE TO PERTH
Perth will finally emerge from hibernation
in 2012, driven by the resources boom
and fly-in/fly-out workers who live in the
state capital but work in the Pilbara region.
Fremantle offers wonderful lifestyle elements
within 30 minutes of the city and the airport,
and increasingly is being driven by strong
urban renewal.
The last WA property boom saw Mandurah’s
prices increase, making the town one of the top
performers for two years straight; since the end
of that boom, we have seen the exact opposite
occur, with prices dropping below the pre-boom
mark. Located 45 minutes from Perth via either
the new highway or by train, Mandurah has large
population growth and is very attractive for Perth
‘FIFOs’ (fly-in/fly-out workers) as they can live
close to Perth airport as well as live beachside.
They also pay a premium for rents. With four
bedroom homes under $300,000 still available,
Greenfields is the pick of suburbs.
31 32 33
Bunbury
Geraldton
Perth
Broome
Albany
31
37
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39
western australia
western australia
Como / Andrew Wilson
Median price: $850,000 (H); $444,000 (U)
Population: 12,423
Location: a suburb of Perth, located
approx. 6km south of the CBD
LOCATION
The Perth capital city market appeals as a
stand-out prospect for house price growth,
with the median price set to increase by a
double-digit percentage by the end of the
year. The Perth housing market has suffered
from fragile buyer confidence and a mixed
economic performance in 2011, when house
prices were expected to show real signs of
growth. Instead, median house prices have
retracted to be more than six per cent down
over the year.
Key growth driver
30
western australia
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30km
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34
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33
Perth
Population: 1,370
Location: an industrial port in North West
WA, approx. 19km from Karratha
FAST
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Halls Head / Todd Hunter
Newman / Helen Collier-Kogtevs
Leederville / Andrew Wilson
Port Hedland / Helen Collier-Kogtevs
Murdoch / Terry Ryder
South Hedland / Helen Collier-Kogtevs
Median price: $415,000 (H); $415,000 (U)
Population: 11,029
Location: a coastal suburb of Mandurah,
approx. 72km south of Perth
Gross rental yield: SNR (H); SNR (U)
Population: 8,000
Location: a town in the Pilbara region,
approx. 450km south of Port Hedland
Median price: $785,000 (H); $533,250 (U)
Population: 2,741
Location: a suburb in the City of Vincent,
approx. 5km north of the Perth CBD
Median price: $1,110,000 (H); $742,500 (U)
Population: 11,557
Location: largest town in the Pilbara
region, approx. 1,322km from Perth
Population: 2,996
Location: a suburb of Perth, approx.
12km south of the CBD
Median price: $750,000 (H); $650,000 (U)
Population: 7,834
Location: a satellite suburb, approx.
18km from Port Hedland
Halls Head has all the same attributes as
Greenfields, the only difference being that the
established houses are a little older than those
in Greenfields but they are closer to the beach.
A major mining town supporting iron ore
production, with a population of 8,000
expected to grow significantly. Newman
experiences high capital growth, high positive
cash flow, medium to high entry level cost
and medium risk. The town is strategically
important to the national economy, has great
performance, low vacancy rates, a high per
high demand for housing. Yields are between
10 and 15 per cent.
LOCATION
RESOURCES
LOCATION
RESOURCES
EDUCATION/INDUSTRY
RESOURCES
With Perth’s median house price currently
nearly 10 per cent below its peak recorded
four years ago, together with lower levels
of new construction and a flood of workers
seeking the wages bonanza delivered by nearly
$100 billion in mining industry activity, it is not
unreasonable to expect a significant increase
in home buyer activity in Perth through
2012. Other standout suburban prospects for
median house price growth in Perth in 2012
are Palmyra, Cloverdale, Joondalup, Eden Hill,
Osborne Park and Edgewater.
A major port township for iron ore and
offshore natural gas, with a population
expected to grow significantly. Port Hedland
experiences high capital growth, high positive
cash flow, high entry level costs and medium
risk. It is strategically important to the national
economy, has great historical performance
and great projected performance, low vacancy
rates, high per capita income levels and a
shortage of and high demand for housing. Port
Hedland has experienced 10-plus per cent
capital growth for the past eight years. Rental
yields are between 10 and 15 per cent.
One of the unsung heroes of capital growth
is the impetus given by precincts that are
centred on education and medical facilities.
Every major city has universities and hospitals
clustered together, and the rental demand
generated by them boosts capital growth
in surrounding suburbs. Perth’s Murdoch
precinct has a university, a TAFE campus, a
Baptist college and a hospital, with another
$2 billion hospital under construction. Nearby
suburbs will grow.
South Hedland has high capital growth, high
positive cash flow, a high entry level cost and
medium risk. It is strategically important to
the national economy, has great historical
performance and great projected performance,
low vacancy rates, high per capita income
levels, and a shortage of and high demand for
housing. Rio Tinto is spending $20 billion on
new iron ore mines in the area. This mining
town supports predominantly iron ore and
natural gas production which are exported
to other parts of the world, including China,
India and Japan.
Key growth driver
Key growth driver
Key growth driver
Key growth driver
Key growth driver
Key growth driver
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western australia

Frankston / Luke Berry Morwell / Margaret Lomas Warrnambool / Terry Ryder,Todd Hunter
Median price: $360,000 (H); $290,000 (U)
Population: 34,457
Location: a Melbourne suburb, approx.
40km from the CBD
Median price: $161,000 (H); $137,000 (U)
Population: 13,399
Location: a city in central Gippsland,
approx. 150km southeast of Melbourne
Median price: $316,000 (H); $255,000 (U)
Population: 33,922
Location: a regional city located approx.
265km southwest of Melbourne
One of the key concepts applicable to the
Melbourne market is that the further from the
CBD, the better the growth. The Mornington
Peninsula is one of the best long-term growth
corridors in Australia and looks to remain
solid. Frankston is an inexpensive suburb
and a significant transport hub. Geelong also
looks promising. Docklands and Southbank
have serious oversupply problems, however,
so investors should be cautious if buying
property close to the CBD.
LOCATION DIVERSE INDUSTRY INDUSTRY
Despite the existence of brown coal, this town
has really become part of greater Melbourne
and presents affordable options for first home
buyers and new investors. Council is quite
actively seeking to attract diversified industry
to dilute the town’s reliance on the coal
industry, and with improved road access back
to Melbourne as well as rail links, this area will
perform well in the coming 10 years.
The leading regional centre of Victoria’s south
west is growing so fast that the local council
has had to rezone hundreds of hectares of
farming land for new industrial and residential
estates. Warrnambool is strong on tourism,
construction, education and medical services.
Retail is rapidly expanding and there is a
plethora of new power generation facilities,
including gas-fired power stations and major
wind farms. [Terry Ryder]
41 42 43
Melbourne
Geelong
43
victoria
victoria
Corio / Todd Hunter
Median price: $230,000 (H); $210,000 (U)
Population: 14,919
Location: a residential and industrial suburb
approx. 9km north of Geelong’s CBD
SHORTAGE OF SUPPLY
The number of people resident in each
household in Victoria’s Geelong Shire is
thinning, meaning there are ‘extra’ people who
will need accommodation. This has put pressure
on rents and hence we have seen them rise
significantly over the past few years. With very
attractive yields, investors are starting to flock
back to Corio and prices will start to rise. The
Council has recognised this and is now directing
funds towards this end of town. Corio is also
land locked by the Geelong ring road so there are
no new developments.
Key growth driver
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victoria
40
41
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Melbourne
Geelong
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Hackham / Margaret Lomas Port Adelaide / Terry Ryder Port Augusta / Luke Berry
Population: 13,730
Location: a suburb of Adelaide that lies
within the City of Onkaparinga
Population: 1,099
Location: a suburb of Adelaide,
approx.14km northwest of the CBD
Median price: $205,000 (H); $155,000 (U)
Population: 13,257
Location: a seaport and railway junction
city, approx. 320km from Adelaide
A suburb in Onkaparinga, I like this one as it
is in the lower price ranges – and often below
$250,000. Still a little out of favour with
locals, it is still subject to the abundance of
growth drivers that exist in this area. Adelaide
as a whole is going to experience some great
movement in the next two to four years and
Hackham is an affordable buy, with 6.5 per
cent yields and great proximity to everything.
Everyone is buying in Seaford and Christies
Beach but missing this little gem.
LOCATION RESOURCES/INDUSTRY RESOURCES
South Australia is emerging as the third big
resources state, boosted by the upcoming
$30 billion expansion of Olympic Dam and
many other multi-billion-dollar ventures.
Many of the benefits will be felt in Adelaide,
with an expanding corporate presence and lots
of fly-in/fly-out workers. The Port Adelaide
precinct, which will gain new facilities from
the resources expansion, also has the Techport
facility at which the Air Warfare Destroyer
fleet is being built. Nearby suburbs offer a
seaside lifestyle and affordability.
Port Augusta is the closest service centre and
port to the massive Olympic Dam project, for
which an estimated $30 billion in investment
and more than 25,000 jobs will be created.
Described by Access Economics as the “make
or break issue” for the SA economy, and now
with government approval, there is nothing
in the way of the expansion beginning.
Geographic position, affordable housing
(median prices in the low $200,000s) and job
creation will see capital growth in real estate
in this area.
45 46 47
AdelaidePort Lincoln
47
49
south australia
south australia
Aldinga Beach / Todd Hunter
LOCATION/TRANSPORT LINKS
Many property companies are recommending
Seaford and Port Noarlunga as their suburbs
of choice. We were buying here in 2007 as
Adelaide was, and still is, experiencing a
population shift south to these beachside
suburbs. Since this shift, the councils and
government have announced a new highway
and rail line. This is a direct result of a
significant increase in the population. The
better achieving suburbs will be those on the
outer ring of this new infrastructure.
Key growth driver
44
south australia
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48
45
46
44
Adelaide
Median price: $320,000 (H); $277,500 (U)
Population: 5,981
Location: an Adelaide suburb that lies

LOCATION
Key growth driver
suburb/town state Page #
Aldinga Beach SA 41
Bathurst NSW 30
Blacktown NSW 30
Bowen QLD 35
Canberra ACT 42
Chinchilla QLD 35
Como WA 38
Corio VIC 40
Dampier WA 38
Dysart QLD 35
Emerald QLD 35
Frankston VIC 40
Fremantle WA 38
Gladstone QLD 35
Goulburn NSW 30
Greenfields WA 38
Gunnedah NSW 31
Hackham SA 41
Halls Head WA 39
Lapstone NSW 31
Leederville WA 39
Liverpool NSW 31
Moranbah QLD 36
Moree NSW 31
Morwell VIC 40
Mudgee NSW 31
Murdoch WA 39
Muswellbrook NSW 31
Neutral Bay NSW 32
Newman WA 39
Oakey QLD 36
Penrith NSW 32
Port Adelaide SA 41
Port Augusta SA 41
Port Hedland WA 39
Pyrmont NSW 32
Richmond NSW 32
Rockhampton QLD 36
Roma QLD 36
Rosemeadow NSW 32
San Remo NSW 32
Seaford SA 42
Seven Hills NSW 34
South Hedland WA 39
Thornleigh NSW 34
Toowoomba QLD 36
Warrnambool VIC 40
Whyalla SA 42
Wickham NSW 34
Woolloongabba QLD 36
south australia
Canberra / Luke Berry
Canberra is the most consistent residential
property market in the country. The ACT has
Australia’s highest average wage – and there
are no recessions in bureaucracy. The scarcity
of land sees aspirants camping out to secure
any rare releases. The market is so strong that
it is creating investment opportunities in
satellite towns like Goulburn and Yass through
the growing commuter market.
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australian capital territory
fast 50 – alphabetical index
Canberra
Queanbeyan
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act
Seaford / Luke Berry Whyalla / Terry Ryder
Population: 5,169
Location: a suburb of Adelaide that lies
Median price: $290,000 (H); $160,000 (U)
Population: 21,122
Location: a seaport located approx.
395km from Adelaide
With South Australia poised to become the
nation’s third resources state, affordable
suburbs (in the mid-$300,000s) on transport
corridors with lifestyle benefits are set to
perform well. Similar suburbs in Perth have
been the best performers in the country
during the first wave of the resources boom,
and these suburbs find themselves perfectly
positioned as SA’s resources industry grows.
LOCATION INDUSTRY
Whyalla will soon be to South Australia
what Gladstone is to Queensland: the state’s
industrial ‘muscle city’. Many investors
underrate Whyalla because of its topsy-turvy
past, but it’s the future that matters. This
regional town of 25,000 has several billion
dollar ventures on the horizon, including a
new export port, a rare earths processing plant
and a desalination plant that will provide water
for the Olympic Dam expansion. Houses are
cheap, but may not remain so for long.
48 49
Median price: $535,000 (H); $420,000 (U)
Population: 358,222
Location: the capital of Australia, located
in the northeast of the Territory
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