Top 10 Regional Growth Areas For 2021
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Top 10 Regional Growth Areas For 2021

Investors and homeowners are looking beyond the Australian capital cities.

By Terry Christodoulou
Fri, Mar 26, 2021Grey Clock < 1 min

Eight of Australia’s top 10 regional growth areas will see the value of development exceed the billion-dollar mark this year as buyers look beyond Australia’s capital cities.

The PRD Stand Out regions report ranked locations around Australia according to the median price affordability alongside indicators for property investment, local employment growth and sustainable economic futures.

Coastal locations of The Whistdundays (QLD), Port Stephens (VIC) and Greater Bendigo (VIC) fared best in the report as places for residential development, with a rental vacancy of 0.4-1.5 per cent at the end of 2020 compared to 1.8-4.7 per cent in city areas according to the report.

Other top performing regions included Mackay (QLD), Toowoomba (QLD), Greater Hume Region (NSW), Federation (NSW), Greater Geelong (VIC), Warrnambool (VIC) and Circular Head (TAS). 

While residential potential in these regions is strong, commercial infrastructure and industrial projects make up a large portion of development set to start in 2021 including solar farms, new commercial hubs and transport links.

“Regional areas have become the most attractive option throughout 2020, with evidence of buyers capitalising on lower median property prices,” the PRD Stand Out Regions report said.

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By Robyn Willis
Fri, Aug 19, 2022 < 1 min

Treechangers seeking a home and income should take note of this west coast property in picturesque Pickering Brook in the Perth Hills, which comes with its own live-in residents.

Known as ‘the Margaret River of the Hills’ the area boasts stunning bushland while being just 30 minutes from all the amenity Perth has to offer.

With eight bedrooms and 10 bathrooms, this property is a home and business, operating as a thriving day spa, Hidden Valley Eco Lodges and Day Spa.

The private main residence is made of rammed earth for thermal comfort and has three bedrooms, luxurious bathroom and a large open plan living area. A private jacuzzi on the spacious entertaining deck is the perfect spot for enjoying beautiful bushland views at the end of a long day.

For day spa guests, there are four deluxe spa treatment rooms serviced by qualified staff, a reception area and lounge plus a commercial kitchen. Overnight guests can choose from five lodges with fully equipped kitchen and heated jacuzzi. As a going concern with a consistently high annual turnover, it’s a unique opportunity for the right buyer.

Set over 5.46ha, the property is also home to a very special group of residents: a small herd of alpacas, which are included in the sale.

Price guide: $6.5 million

Inspection: By expression of interest

Agent: Susanne Broido, The Agency 0499 770 237