With many Australian suburbs reaching record-high growths across 2021, you might want to know how yours performed in property growth and performance. Here’s how you can find out all that with only a few clicks.
As of 2021, National Housing Values in Australia grew by as much as 22.1%, but that general figure might be far from your suburb’s actual performance.
Data You Can Find On the PropTrack Interactive Tool
You can directly visit the PropTrack tool and select functions such as viewing a Suburb or Property Type by clicking the links above. These further break down into houses or residential units.
Data from the interactive tool reported that national average house prices hiked by almost 27% in 2021, a tad 13.5% increase in unit prices.
You can also view holistic information such as changes in demand for various suburbs and property types or how many highly engaged buyers participated in the property market.
Other interactive and reliable insights are available, such as average estimated property value, mean weekly rental value, median days on the property market, and rental yield.
Check How Your Suburb Perform Compared to the Best Areas
The PropTrack tool can also help you compare your suburb’s performance to neighbouring areas or the best suburbs in the state. We’ve attached direct links below to take off the hassle from your end.
You can navigate through the data by clicking the left and right arrows along with the page icon.
- Highly in-demand suburbs in 2021
- Australian Suburbs with most significant Average Estimated Unit Value growth
- Australian suburbs with the largest Average Estimated House Value growth
- Fastest growing suburbs in terms of demand in 2021
- Suburbs with fastest-selling properties in 2021
Make Your Next Big Move in 2022
Statistics indicate that house prices aren’t going down since their first significant hike in 2004. That’s why we recommend having a bespoke finance option to make sure you’re not entering the market too late.
Moreover, the RBA is dropping hints about a seismic shift in its official cash rate, causing a drastic hike on most fixed and variable loan rates in the finance market.
If you’re planning to make your next big move within a couple of years and explore your finance options as early as possible, get in touch with us at Plan A Mortgage. Our specialist mortgage brokers will be glad to discuss your borrowing power and take you through all financing options and home loan guarantee schemes that you can apply for.
Call us today, and we’ll let you know how we can help.
This article presents content in a general nature and is solely for informative purposes only. It does not aim to provide public nor personal financial or tax advice. It does not include nor put into consideration your unique situation or circumstances. Before taking an active decision, seek expert advice and thoroughly examine your current position. Moreover, this article is protected by intellectual property and copyright laws and should not be reproduced without prior written consent.