Inner City Steals

This month, Smart Property Investment launches its inaugural Inner City Steals ranking. We have uncovered the few suburbs in Australia within 5km of the capital city’s CBD where investors can still pick up a property for under $300K.

For this exclusive report, we brought together three of Australia’s most respected data analysts to rank the suburbs based on several criteria.

Inner city locations have long been a popular choice for investors, and this comprehensive and ground-breaking ranking is one not to be missed.

Investing in inner city suburbs is a tried and tested strategy used by thousands of Australian property investors. Finding affordable properties in these sought-after locations, however, has become increasingly difficult.

In a groundbreaking report, Smart Property Investment – with the help of Australian Property Monitors (APM), SQM Research and RP Data – has identified and ranked Australia’s top 20 inner city suburbs in which one in four units still sells for $300,000 or less.

Narrowing the initial search to those suburbs within 5km of the capital city’s CBD, using information supplied by RP Data we were able to compile a list of 20 suburbs whose 25th percentile price fell below $300,000.

The suburbs were then ranked on their potential for capital growth in the medium term (five years), taking into consideration each capital’s ‘macro environment’ and the current indicators of the individual suburbs.

READ the full article in the latest issue of Smart Property Investment – ON SALE IN NEWSAGENTS NOW.

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