From Blackall to Wollongong - the 10 longshot property hotspots from Hotspotting's Terry Ryder

Jonathan ChancellorJuly 4, 2013

Ten locations across Australia have been identified by Terry Ryder's latest hotspotting report.

They have been described as "long shot" locations in Ryder's list in News Ltd papers.

Blackall, Qld

Blackall is a regional wool town in central western Queensland with its role and its size possibly transformed by coal exploration in the Eromanga Basin.

Gloucester, NSW

Gloucester in the Hunter Region will change if coal and gas companies have their way.

Hastings precinct, Vic

Hastings and neighbouring locations on the Mornington Peninsula, south of Melbourne, have a solid property market. But could reach another level were plans to upgrade the Western Port occur.

Hervey Bay, Qld

Hervey Bay has had little capital growth for several years because of oversupply but a resurgence could occur if fly-in-fly-out workers continue to target affordable Hervey Bay.

Hughenden, Qld

Several billion-dollar enterprises planned for the region may transform Hughenden which is a typical outback town, servicing surrounding farmers and struggling to maintain population.

Mandurah, WA

Mandurah was known nationally for its growth up to 2007, when it went into serious decline. But improved transport links to Perth have FIFO workers moving there in big numbers.

Mortlake, Vic

Prices in this small west town rose given the power station and more staff housing may be required were a second stage to proceed or if wind farms plans proceed.

Rouse Hill, NSW

The suburbs of Sydney's northwest have had mediocre growth rates, but that may change if the NSW Government delivers the $8 billion North West Rail Link.

Whitsunday, Qld

Fly-in-fly-out miners are moving in and may spark a major revival in the Whitsunday region which has the worst capital growth rate in Queensland. Units are worth less than five years ago.

Wollongong, NSW

Wollongong's economy, traditionally based on manufacturing enterprises, has been hit by business closures and downsizing. The city is backing new ventures and a number of major projects.

Terry Ryder says the 10 localities present some of the best opportunities for double-digit property growth.

Terry Ryder writes twice a week for Property Observer.

His website is hotspotting.com.au.

 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Editor's Picks

First home buyers jump at Victoriana apartments on Melbourne's Albert Park
Sekisui House Australia approved for Dawn, the latest stage at $5 billion Melrose Park masterplan
Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown
Aurora On Depper, St Lucia: Construction Update
R.Iconic: A Lifestyle-First Masterpiece in Melbourne