‘Close to the bottom’: John McGrath reveals 40 growth suburbs across Australia

Key points

• Real estate figure John McGrath says the big city property markets are close to the bottom after a sharp fall in values. In his McGrath Report 2027, he names 40 suburbs he expects to grow over the year ahead across New South Wales, Victoria, Queensland and Tasmania.
• Picks include Campsie, Narooma, Sunshine, Mildura, Beenleigh, Maryborough, Chigwell and Mayfield.
• McGrath says most big metropolitan markets are down 10 to 15 per cent over the past six months, with some down 20 per cent.