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