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Ten areas, including Albury-Wodonga are ripe for growth in New South Wales, according to a new report.
Hotspotting’s Terry Ryder listed 10 areas set to see substantial growth from across the state in his August to November 2013 report.
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The areas (Albury-Wodonga, Blacktown, Dubbo, Goulburn, Hurstville, Liverpool-Cabramatta, north west NSW, Rouse Hill, Tamworth and Wagga Wagga) each have substantial future prospects on the back of drivers that include infrastructure developments, proximity to mining boom towns and new employment being brought in.
Speaking about his top picks, Mr Ryder said each area is underpinned by good sales activity.
"Most of the Albury-Wodonga suburbs have recorded moderate growth in their median house prices in the past 12 months, underpinned by rising numbers of house sales. We expect more substantial growth in prices in the next 12 months," he said in the report.
"Generally, the theme for the twin cities is steady population growth, creating demand for new dwelling construction and expanded services."
