Property hotspot search intensifies as housing market enters new phase
Australia's broad housing boom may be over, but fresh data shows strong price growth, intense buyer demand and fast-selling suburbs still abound as local fundamentals take precedence over national trends.
Fresh market data shows Australia's property market is becoming increasingly fragmented, with standout suburbs continuing to record strong price growth and buyer demand. (Image source: Larcsky789/Shutterstock.com)
Not so long ago a blindfolded novice property investor could stick a pin in a map of Australia and land on a boom suburb, but a lot has changed in the past few months.
Australia’s slowing property market means most capital cities are trending downwards.
But despite the trajectory shift in so many markets, that downward trend has yet to extend to widespread annual losses.
New data reveals house prices increased in 85 per cent of Australian subu…
