Melbourne; Jacksonville; Pensacola; The Southeast continues to attract more growth than other regions. Five out of 8 Australian capital cities are likely to produce double-digit house price growth in the 2021 calendar year while forty (40) or more non-capital city locations will crack 20 percent capital growth over this 12-month block. Top 20 Growth … Best suburbs to invest in Melbourne and Victoria 2021 He said Upside predicts modest property price growth over December before a “strong rebound” in 2021 as lower interest rates and soaring consumer confidence combine. Should you invest in Growth Suburbs. Top growth in median unit prices Here is a current list of the suburbs that have seen some big capital appreciated from December 2020 to March 2021 (3 mth period): Source – This information has been collected by the Real Estate Institute of Victoria Ltd (REIV) . Upside’s annual State of the Australian Property Market Report 2021 highlighted the 26 hotspots it’s picking for growth in the new year. Below, the top 20 fastest growing suburbs based on median house price growth over December 2019. Houses in Gladstone Park had a LocationScore of 78 at the end of June 2018. This market has not been left out of the Melbourne boom but still has some growth left, according to the indicators. Other notable growth suburbs were Springvale (up 510 per cent to $762,000), Box Hill (501 per cent to $1.624m), Chadstone (475 per cent to $1.116m) and Box Hill North (473 per cent to $1.26m). More than half of the top 20 growth cities are in the Southeast, with 13 destination cities. 12 MONTH GROWTH Copacabana . Created with Sketch. This continues an ongoing trend of people looking for warmer climates and more affordability. Top 26 suburbs for 2021 . The Sunshine Coast was named among the top picks for property price growth in 2021. 47.18% Modbury . 2021: New year to bring BIG property boom. 46.48% Lake Cargelligo ... ・ Melbourne property market ・ Sydney property market PIPA chairman Peter Koulizos said the national results showed a mix of affordable and prestige suburbs had performed well over the period. Prices had a big spurt in 2017, piling on around 20%. Real estate forecasters at Hotspotting have revealed their top 10 places to consider buying property around Australia in 2021 and beyond, with long-term capital gains expected in each location. Rounding out the top three, on 7.9 per cent annual average growth over 10 years, was Rockbank-Mount Cottrell in Melbourne’s west where its median house value has increased to nearly $600,000. The public realm of the precinct will focus on wellness, sustainability and amenity, with spaces and green retreats activated through curated events. By Maja Garaca Djurdjevic 29 January 2021 ... top suburbs. Image source: Gekko Gallery, Shutterstock. Top regional towns tipped for growth in 2021. Clayton was Melbourne third best performer of the past 20 years, according to realestate.com.au, with its median house price jumping 560 per cent to $1.2m. 46.53% Blue Bay . Investors who can afford low or no rental income may choose to take advantage of lower property values during this time. 47.55% Millswood . Spreaker. This suburb is about 45 minutes north of the Melbourne CBD and just east of Tullamarine Airport. Melbourne has been crowned the world’s most liveable city for an historic sixth year running by the Economist Intelligence Unit (EIU). If you're looking at Melbourne for growth suburbs you're looking in the right direction. Mirvac will build a 20-level office tower with floor plates up to 3000sq m in area, as well as a 32-level residential tower with 472 apartments at the site of the former Melbourne Convention Centre. In 2021, investor activity is expected to remain low until borders open and international travel returns.