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ResidentialStaff WriterMon 30 Mar 15

Where are Australia's Best Growth Suburbs for 2015?

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Australia's property market continues to go from strength to strength, with a number of inner-city suburbs across Australia experiencing huge growth over the last 12 months.

With the current boom hitting the market it may be tempting to buy an investment property. For many this means purchasing a small investment unit in a great location.

Research by CoreLogic RP Data and realestate.com.au have released their figures on the fastest growing suburbs in Australia, specifically looking at two to three bedroom investment units.
Top 3 fastest growing suburbs by state

ACT
Mawson (2bd) - 5.2%Lyneham (3bd) - 3.8%Holt (3bd) - 3.6%
NSW
Sydney (3bd) - 14.9%West Wollongong (2bd) - 13.7%Redfern (3bd) - 13.6%
NT
Driver (2bd) - 14.9%Parap (2bd) - 6.2%Rapid Creek (2bd) - 4.9%
QLD
Clontarf (3bd) - 11.2%East Toowoomba (3bd) - 7.7%Wilsonton (2bd) - 6.1%
SA
Brompton (3bd) - 13.8%Wayville (2bd) - 10.2%Unley (2bd) - 6.9%
TAS
Battery Point (2bd) - 8.6%Launceston (2bd) - 3.7%Claremont (2bd) - 3.2%
VIC
Dromana (2bd) - 11.1%Altona North (2bd) - 9.1%Geelong (2bd) - 9.1%
WA
East Victoria Park (2bd) - 6.4%Claremont (3bd) - 6.2%North Fremantle (2bd) - 6.0%

For more growth information on any suburb in Australia use realestate.com.au's Investment Property Tool.

ResidentialAustraliaSector
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"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
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Article originally posted at: https://theurbandeveloper.com/articles/australias-best-growth-suburbs