Optimism is high for this year in the residential sector.
As 2013 closed, we saw the best performing suburbs but research from Residex shows that there are still gems in the property market that have yet to be discovered.
Sydney suburbs have been strong performers for 2013, yet home values in this area are at all time highs. Low value homes may soon increase because of this, as demand for property remains strong. Knowing the growth cycle for certain areas will help buyers get the most out of their money. It is forecasted that lower priced suburbs will see a significant growth in the coming year.
Read more about this on the Real Estate Business website.