Australia's Hottest Property Places Named

According to a list of the country's 200 hottest suburbs Tasmania's Clarence City is Australia's best property bargain.

According to a report in Australian Property Investor Magazine, Investors can pick up an average house in Clarence City Suburbs of Clarendon Vale and Rokeby to Hobart's east for just $178,000.

The report stated that it was a long term hold but that the area would see significant growth in five to seven years.

Australia's top property experts were asked to list the hottest 100 suburbs poised for strong capital growth over the next twelve months.

The Australian Property Monitors quarterly house price series showed house price growth of 3.7 per cent over the September quarter.

Listed below are the hottest suburbs with the lowest average house price:

Queensland hottest property suburbs

  • Gympie $260,000
  • Ipswich $269,000
  • Kingaroy $270,000
  • Beaudesert $311,000

New South Wales hottest property suburbs

  • Gunnedah $208,000
  • Branxton $349,000
  • Granville $353,000
  • Shoalhaven $388,000

Victoria hottest property suburbs

  • Portland $189,000
  • Redan $194,000
  • Hastings $270,000
  • Frankston $300,000

Western Australia hottest property suburbs

  • Geraldton $345,000
  • Thornlie $363,000
  • Bassendean $415,000
  • Hamilton Hill $430,000

Tasmania hottest property suburbs

  • Clarence City $178,000
  • Lutana $282,000
  • Mount Nelson $420,000
  • Hobart $425,000

Northern Territory hottest property suburbs

  • Rapid Creek $568,000

South Australia hottest property suburbs

  • Ceduna $245,000
  • Glanville $249,000
  • O'Sullivan Beach $261,000
  • Christies Beach $301,000

ACT hottest property suburbs

  • Gungahlin $458,000
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Published on October 10-th, 2009 in Property Investment
Damon Rasheed is the CEO of Rate Detective, an Australian financial service comparison sites specialising in Life Insurance, Income Protection Insurance and home loans. Damon holds a Master's Degree in Economics from the University of Melbourne and has been involved in many start-up internet businesses.

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