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At Premier Buyers, we pride ourselves on our ability to foresee market trends and make strategic investments. Our recent success in identifying 6 out of the top 10 suburbs in CoreLogic’s “Best of the Best 2024” report is a testament to our expertise and foresight. Here’s a closer look at how we achieved this and what it means for the future of property investment.

The Greater Perth Phenomenon

It’s no surprise that the top 10 suburbs with the highest growth in 2024 are all in Greater Perth. This region has been on our radar for some time, and our early investments in 2022 and early 2023 have paid off handsomely. We secured properties in these top-performing suburbs for under $500k, demonstrating that strategic timing and location selection are crucial.

Timing your investments isn’t just important—it’s essential. By identifying growth areas 18-24 months early, you can maximise your returns and avoid leaving money on the table.

The Clustering Effect

One interesting trend we’ve observed is the clustering of top-performing suburbs. Five of the suburbs we identified are in close proximity to each other. This clustering effect builds confidence early, as growth trends often spread through neighbouring areas. It’s a pattern we’ve seen before and one that we believe will continue to play a significant role in property investment.

The Art of Spotting Future Hotspots

While it’s relatively easy to spot “hotspots” for the next 12 months, the real art lies in identifying suburbs before they turn into hotspots—and securing them at the right price. This requires a deep understanding of market trends, local developments, and economic indicators. At Premier Buyers, we leverage our expertise and data-driven approach to stay ahead of the curve.

Outlook for 2025

Looking ahead, we expect Bunbury, Townsville, Gladstone, Rockhampton, and Greater Perth to lead the capital growth charts once again. These regions were our primary focus between 2022 and early 2024, and history seems to be repeating itself. It’s worth noting that other areas we invested in with long-term prospects (and where we are still active) are not included in this list. 😉

Conclusion

The game of property investing isn’t about chasing today’s headlines—it’s about predicting tomorrow’s. By identifying growth areas early and making strategic investments, you can maximize your returns and build a robust property portfolio. At Premier Buyers, we’re committed to helping our clients navigate the complex world of property investment and achieve their financial goals.

To read the full CoreLogic “Best of the Best 2024” report, check it out here.

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The information contained in this article is intended to be of a general nature only. It has been prepared without taking into account any individual objectives, financial situation or needs. Before acting on this information, Premier Buyers recommends that you consider whether it is appropriate for your circumstances and engage qualified professionals.