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The safe haven suburbs for property investors

Perth city: view from King's Park. Como in South Perth was named the most consistent property market. (Source: Getty)

Some property investors might be chasing markets with the biggest price growth, but others who value consistency should look elsewhere.

That’s according to Ryder Property Research managing director Terry Ryder, who has earmarked the 50 most consistent property markets in Australia in his Spring 2018 Price Predictor Index report.

“These locations represent safety for investors. They are usually not boom markets, but have the valuable quality of solidity,” Ryder said.

In these consistent markets, you can rely on them to have good price growth across time too: the most consistent market in 2018, NSW’s Ulladulla, saw a 15 per cent rise in median prices last year.

According to Ryder, there are 50 locations in the country that have high levels of consistency, but Como in Perth’s south was a standout.

“Perth’s market has been in downturn for many years, but Como has maintained exceptional consistency in defiance of the general decline,” Ryder said.

“And, against the overall city trend, its median prices for both houses and apartments have shown uplift in the latest quarter.”

Como’s median house price is $900,000, with units going for $460,000.

Here are the other 50 most consistent property markets by alphabetical order:

(Source: The Price Predictor Index - Spring 2019 edition)
(Source: The Price Predictor Index - Spring 2019 edition)

Here are the most consistent markets by state:

NSW

  • Bellevue Hill, Woollahra

  • Bondi Junction, Waverley

  • Caringbah, Sutherland

  • Cooma, Cooma- Monaro

  • Lilyfield, Inner West

  • Long Jetty, Central Coast

  • Medowie, Port Stephens

  • Raymond Terrace, Port Stephens

  • Rose Bay, Woollahra

  • Seven Hills, Blacktown

  • Tumut

  • Woollahra

  • Yass

Victoria

  • Albion, Brimbank

  • Bairnsdale, East Gippsland

  • Cobram, Moira

  • Colac, Colac-Otway

  • Eaglehawk, Bendigo

  • Leopold, Geelong

  • Norlane, Geelong

  • Paynesville, East Gippsland

  • Seymour, Mitchell Shire

  • West Wodonga, Wodonga

  • Yarrawonga, Moira

Queensland

  • Bli Bli, Sunshine Coast

  • Brighton, Brisbane North

  • Bulimba, Brisbane East

  • Gympie

  • Holland Park, Brisbane South

  • Margate, Moreton Bay

  • Moggill, Brisbane West

  • Palmwoods, Sunshine Coast

  • Tamborine Mountain, Scenic Rim

  • Urangan, Fraser Coast

  • Wynnum, Brisbane East

South Australia

  • Blakeview, Playford

  • Nuriootpa, Barossa

  • Rostrevor, Campbelltown

  • Somerton Park, Holdfast Bay

  • Woodcroft, Onkaparinga

Western Australia

  • Como, South Perth

  • Karringyup, Stirling

  • Port Kennedy, Rockingham

Tasmania

  • Moonah, Glenorchy

  • Newstead, Launceston

  • Riverside, West Tamar

  • West Hobart, Hobart

  • Youngtown, Launceston

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