Australia’s 10 best property regions revealed as working class hubs
Key points
- Property firm Hotspotting says working-class areas are set to outperform wealthier suburbs over the next seven to 15 years. Glenorchy in Tasmania and Canterbury-Bankstown in New South Wales are among its top picks.
- Its founder, Terry Ryder, says a poor reputation does not stop areas from growing in value. Hotspotting also expects smaller unit complexes built around the 1950s and 1960s to perform well.
- Real Estate Institute of Australia president Jacob Caine says homebuyers are looking at areas they previously overlooked.
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Disclaimer
This is an AI-generated summary based on reporting by realestate.com.au. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.
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