New figures show Property is definitely a long-term game with House prices doubling in more than 29 Townships in the past five years.
The analysis by Propertyology shows a further 50 suburbs or towns grew between 70 and 90% during the same time.
Propertyology Managing Director, Simone Pressley, says the past five years have resulted in some of the strongest national Property market performance.
He says Regional locations have come out on top with 11 inland town in the top 35 for price growth.
Pressley says these markets are in demand because they are affordable, and they have strong job markets, particularly in the agribusiness and resource sector.
"The single biggest important component for property market performance is always the local economic conditions, " he says.
Source : Extract from Hotspotting.com.au
