Simon Turner of Marquette Turner Luxury Homes writes:
Property research company, Australian Property Monitors (APM) have released a report stating where they believe the real estate hotspots will be in 2010.
Both Brisbane and Perth are listed as the best cities to achieve “bang for ones buck”, and for new buyers there’s still some areas in Melbourne to be rewarded and even in Sydney, where prices can still be below 2007 levels.
APM names the following suburbs as ones that deserve particular attention:
NEW SOUTH WALES
– Mona Vale
– Kangaroo Point
– Halls Head
Of course, the same principles remain when buying in any area in any market – do your research. It’s when you buy that you make the money, not when you sell.