Money

Gladstone top investment location

Gladstone was the standout suburb in the inaugural Fast 50 report by Smart Property Investment.
Gladstone was the standout suburb in the inaugural Fast 50 report by Smart Property Investment.

AS THE real estate market across Australia flounders to recover from the Global Financial Crisis Gladstone has been highlighted by market experts as the top investment location.

The inaugural Fast 50 report by Smart Property Investment said although forecasts for Australian house prices remained lukewarm there were still strong investment opportunities for investors with the nous to sniff out the right pockets of the market.

The report highlights the top suburbs tipped to deliver investors the best capital growth in 2012 and beyond with resource towns in Queensland making up a significant proportion of the suburbs listed in the report, with 11 local suburbs making the influential list.

Gladstone was the standout suburb, identified by three of the seven real estate experts who collaborated with Smart Property Investment to formulate the report.

The report idetified a strong resource industry and impressive population growth as contributors to significant investment returns in our major industrial township, with high capital growth prospects, low level risk, low vacancy rates, high per capita incomes and a shortage of housing compared to demand, all contributing to its investment appeal.

Hotspotting director Terry Ryder earmarked Gladstone as one of his top selections. "Rents have shot up in Gladstone but prices haven't yet moved a great deal,"  Mr Ryder said. 

"The early influx of workers on the $100 billion or so in new industrial projects has started to impact and this will gather serious pace in 2012," he said.

The Bowen and Surat Basin regions and their neighbouring areas also featured strongly in the Smart Property Investment Fast 50, with Moranbah, Dysart, Chinchilla and Roma all making the list.

Woolloongabba was the only Brisbane suburb to make it into the report.

The Fast 50 hotspots were selected based on a range of key metrics, including population growth, demand for housing, income levels, employment, vacancy rates, previous capital growth and current gross rental yields.

The report's contributors included leading property economist Dr Andrew Wilson, TV personality and property expert Margaret Lomas, property research specialist Louis Christopher, property columnist Terry Ryder, property mentor Helen Collier-Kogtevs, independent mortgage broker and buyer's agent Todd Hunter and director of NextHotSpot Luke Berry.

Editor of Smart Property Investment Phillip Tarrant said the 2012 Fast 50 proves there are still plenty of opportunities on offer for astute property investors.

"Capital growth is no longer a given when it comes to investing in real estate, but that's not to say it's not achievable either," he said.

"We're moving into a new era for property in Australia and investors will need to do their homework and buy strategically in order to secure the best returns."

In addition, Mr Tarrant said the 2012 Fast 50 highlights the need for investors to look outside capital cities.

"Certainly capital cities can be a good, safe investment, but for investors chasing more lucrative returns, strong, diverse regional centres are proving a very popular choice among the experts, largely due to their lower buy-in costs and more attractive rental yields - as well as great potential for price growth," he said.

"With mining and resources continuing to underpin the national economy, resource centres also continue to represent enormous opportunity for investment," he said.

For the full 2012 Fast 50 Report, investors can pick up a copy of the February issue of Smart Property Investment, on newsstands now.

The 2012 Smart Property Investment Fast 50 suburbs:
 

NSW

  • Muswellbrook
  • Moree
  • Rosemeadow
  • San Remo
  • Bathurst
  • Gunnedah
  • Mudgee
  • Wickham
  • Lapstone
  • Blacktown
  • Penrith
  • Liverpool
  • Richmond
  • Thornleigh
  • Pyrmont
  • Neutral Bay
  • Seven Hills
  • Goulburn

QLD

  • Moranbah
  • Dysart
  • Chinchilla
  • Roma
  • Toowoomba
  • Oakey
  • Gladstone
  • Rockhampton
  • Woolloongabba
  • Bowen
  • Emerald

WA

  • Port Hedland
  • South Hedland
  • Newman
  • Dampier
  • Fremantle
  • Murdoch
  • Como
  • Leederville
  • Greenfields
  • Halls Head

VIC

  • Warrnambool
  • Corio
  • Morwell
  • Frankston
  • SA
  • Port Adelaide
  • Aldinga Beach
  • Hackham
  • Seaford
  • Port Augusta
  • Whyalla

ACT
 

  • Canberra

Topics:  gladstone investment



How to do Eat Street the right way

EVERYTHING you need to know to get the most out of your Eat Street experience and to avoid a food coma when you’re only one stall deep.

Don’t go chasing waterfalls…find them on these drives!

The Scenic Rim is just one place nearby that you'll love.

BRISBANE isn’t all bright lights and city slickers.

Science Festival seriously awesome

Don't miss the World Science Festival Brisbane!

CALLING everyone who wants to see something totally cool.

Drink where the cool kids do this summer

There are a bunch of new bars open in Brisbane, make sure you're there!

CHECK out these new funky bars.

Discover Brisbane’s laneway gems

Brisbane's laneways will surprise you.

NOT all of Brisbane City is as it seems…

Top five things to experience this summer in Brisbane

Tangalooma is amazing if you're keen for a dive, kayak or swim.

THIS summer get out and explore your capital city.

Your boots are made for walking these tours

Brisbane Greeters tours are a great way to learn the local history of the city.

YOU don’t need a bike or bus for a seriously good tour of Brisbane.

Penalty rate cuts could mean more staff

UNCERTAIN: Torquay Hotel staff (from left) Katie Morris, Kristin Buckley and Blaine Polit are unsure what the penalty rate changes will mean for them.

Cut to penalty rates could mean more staff.

Famous 'racing pigeon' visits Coast men's group

LOVE BIRD: The pigeon known for 'racing cars' in Maryborough visits the Older Men's Unlimited group at their workshop.

"She hops on your shoulder while you're working."

Multiple crews contain Fraser Coast fire

Photo: Valerie Horton / Fraser Coast Chronicle

The fire was reported to the Torquay Fire Station about 2pm.

Local Partners

Buderim dad rejects gay son's emotional plea for second time

Bride and Prejudice: Son’s emotional plea rejected again by unmoved father

What's on the big screen this week

Ewan McGregor and Jonny Lee Miller in a scene from the movie T2: Trainspotting.

This week's new releases offer plenty of variety for movie buffs.

Musical to come to life at Brolga Theatre

The wardrobe team surrounded by fabrics and accessories in the costume room at the Brolga Theatre.

Ken is no stranger to the Maryborough music scene

REVIEW: Under the Gun doco looks at right to bear arms

ARMED: A still from the 2016 documentary film Under the Gun by Stephanie Soechtig.

An in-depth look into America's gun culture.

Hodges proud to be part of first channel dedicated to NRL

Justin Hodges is gearing up for his new gig on Fox League.

Footy star hopes to provide a voice for players on new NRL channel

Selling Houses renovate for Salvos in 100th episode

Charlie Albone, Andrew Winter and Shaynna Blaze return for season 10 of Selling Houses Australia. Supplied by Foxtel.

Selling Houses launch 10th season in volatile property market

Furious Price wants to quit I'm a Celeb after clash with Keira

Steve Price has threatened to quit the jungle.

Will camp ration clash with Keira cause Steve to call it quits?

$140k damage: landlord says property trashed, contaminated

He had what he calls "the tenants from hell"

Submarine, buses and 3000 tyres removed in $100K clean up

The list of things removed from this property is beyond astonishing

Popular island resort sells to loaded international investor

OUR PICK: Chris Foey's colourful shot of one of Gladstone's great tourism hot spots, Heron Island.

International investor snaps up piece of Gladstone paradise.

Expert: Why renters, home buyers may struggle

Matusik Property Insights director Michael Matusik.

What's next for the city's housing market

Ready to SELL your property?

Post Your Ad Here!