As an asset class over time, property has delivered spectacular returns for millions of Australian investors.
Right now, residential and commercial properties are experiencing strong capital growth across many parts of the country, particularly in Sydney and Melbourne. Yet, price growth is certainly not uniform and property values in some cities, such as Perth, are actually falling. Then, separately, property yields in certain areas are being compressed while others are rising solidly.
To really understand what's going on, and to help guide investors to the property hotspots around Australia in the capital cities as well as in regional areas, Eureka Report today launches a new regular section called Property Point.
In the video below, I interview REA Group chief economist Nerida Conisbee and ask her about the current investment trends in the residential property market.
Separately, Nerida has written a column on Eureka Report of Australia's hottest property investment destinations, detailing which areas around Australia are showing the strongest capital growth, and the places where yield is king.