Consistent Capital Growth: Top 1️0 Suburbs
Do you call a coastal suburb home? Chances are it’s sitting pretty, with three-quarters of suburbs with consistent capital growth being by the seaside.
According to a new report by CoreLogic, houses in the Sunshine Coast suburbs of Tewatin and Maroochydore recorded double digit house price growth in the past year, totally to over 40 per cent in the past five years.
Noosa Heads was the only suburbs which achieved double digital price growth for both houses and units over the past 12 months, three years and five years.
The national report identified suburbs where the median value growth across 12 months, three years and five years had been higher than 18 per cent.
It also identified that interstate migrants aren’t choosing to relocate to Brisbane only, but expanding to the Sunshine Coast and Gold Coast.
The question is, will these suburbs continue consistent capital growth? Keep track of your property’s value. Download your free, comparable CoreLogic report here.