The Hotspotting founder has told realestate.com.au that increases in the number of property sales was a good indication of future price growth.
The full collection of insights is in the Winter 2017 edition of his Price Predictor Index which analyses sales in every Australian suburb or town to find the patterns Ryder says predict near-term price growth.
The latest Index showed Brisbane’s more affordable outer ring suburbs were where the action was happening, and the Moreton Bay region had the highest number of potential growth suburbs in the greater Brisbane area.
Here are the suburbs were sales volumes were on the rise.
Moreton Bay:
- Morayfield, Burpengary, Bellmere, Arana Hills, Mango Hill, Sandstone Point, Scarborough, Woorim, Murrumba Downs and Warner.
Logan City:
- Edens Landing, Hillcrest, Jimboomba, Logan Central, Loganlea, Regents Park, Waterford West and Springwood.
Redlands City:
- Thorneside, Cleveland, Ormiston and Redland Bay.
Ipswich
- Springfield and Springfield Lakes.
Brisbane
- Holland Park, Sunnybank, Sunnybank Hills, Fitzgibbon, Keperra, McDowall, Paddington, Red Hill and Chapel Hill.
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