Why Property Values Rise

The most asked question in real estate is: ‘Where is the best place to buy?’ The answer is not location, but a local economy that meets a set of criteria – proximity to hospitals, schools, child-care and universities; access to good public transport; vibrant local economies that generate economic activity and employment. The price of a property that ticks all these boxes, is more likely to go up! And it’s capital growth that rewards property buyers. All things in real estate are not equal. There is NO Australian Property Market. Real estate is fundamentally local in nature. In 2024, house prices rose on average 3 to 4% but some locations increased 20%. Some outliers increased by 30 to 40%. The key factor is the local economy. This book explains why prices rise – and why they rise more in some places than others. It examines the qualities of an out-performer and it provides a map for finding them.