Why Property Prices Rise: Understanding where to buy outperforming real estate

If you understand where to buy, you will make money in real estate.

The most asked question in real estate is: ‘Where is the best place to buy?’ The answer is not location, but a local economy that meets a set of criteria – proximity to hospitals, schools, child-care and universities; access to good public transport; vibrant local economies that generate economic activity and employment. The price of a property that ticks all these boxes, is more likely to go up! And it’s capital growth that rewards property buyers. All things in real estate are not equal. There is NO Australian Property Market. Real estate is fundamentally local in nature. In 2024, house prices rose on average 3 to 4% but some locations increased 20%. Some outliers increased by 30 to 40%. The key factor is the local economy. This book explains why prices rise – and why they rise more in some places than others. It examines the qualities of an out-performer and it provides a map for finding them.

Terry Ryder is Australia’s most trusted independent hotspot expert. He is a journalist and researcher who has specialised in Australian residential property for over 40 years. He started as a property editor at The Courier-Mail and The Australian Financial Review in the 1980s. For the past 20 years he has run his own real estate research business based on the hotspotting.com.au website, which helps consumers understand real estate and identify the best places to buy. Terry is interviewed by news media every week, he has his own television show (The Property Playbook) and has appeared on Four Corners, Sixty Minutes, A Current Affair and the news bulletins of all the major TV channels. This is Terry’s fourth book.