A new report reveals the 25 Australian locations where supply is so low the only way for prices to go is up. The report by InvestorKit analyses 330 regions and shows Australia’s 25 most undersupplied markets are spread across Western Australia, South Australia and Queensland.
InvestorKit founder Arjun Paliwal, says that compared to 2023, the supply crisis has notably moved from major capital cities to smaller capital cities and the regions. He says a lack of supply is what drove price growth throughout Australia in 2024.
“Our forecast, especially for the seven regional centres, is that they will all see upwards of 10% capital growth in 2025,” he says.
The 25 locations where supply is tightest are:
Queensland: Cairns South, Townsville, Mackay, Rockhampton, Gladstone, Forest Lake–Oxley, Carindale, Toowoomba, Darling Downs–East.
South Australia: Prospect–Walkerville, Mitcham, Port Adelaide –East, Onkaparinga, Charles Sturt, Marion, Tea Tree Gully.
Western Australia: Fremantle, Bunbury, Bayswater–Bassendean, Joondalup, Belmont–Victoria Park, Canning, Stirling, Cockburn, Melville.