Hotspots: Finding investment ready suburbs in seconds

Modified on Tue, 7 Mar, 2023 at 1:59 PM

Hotspots are designed to help investors like you find investment-ready suburbs to buy properties in with ease. With Hotspots, you can easily discover the suburbs that are poised for growth, have the lowest vacancy rates, the highest yields and lowest days on market to help you find the best property deals, and make informed investment decisions.


We’ve done all the data crunching so you don’t have to.

We analyse every suburb in the country and rank them based on their investment criteria.

Here’s the questions Hotspot answers for you…

  1. Find suburbs with properties likely in your price range
  2. Has this suburb experienced high growth in the last year?
  3. Does this suburb have good rental yield?
  4. Will I be able to rent it? What’s the vacancy rate?
  5.  Does the suburb have a lot of owner occupiers or a lot of rentals?
  6. How quick do the properties sell once they are on the market. Refine by Market Absorbtion or average days on market

Hotspots search options.


To find investment-ready suburbs with Stash:

 

1. Navigate to Find Hotspots.

2. Narrow down your search and select your target state, property type, and median price. 

3. Simply move the slider bars for Suburb Growth, Rental Yield, Vacancy Rate, Owner Occupier, Market Absorption, and Days on Market. 

4. You may sort the results by Median Growth, Suburb Growth, Rental Yield, Vacancy Rate, Owner Occupier, Market Absorption, or Days on Market and limit the search results from 50, 100, 200, or 500.  

5. Click Search Results. 

6. You will then find the list of the suburb results based on your refined search. 

7. You may now choose to search for off-market or on-market deals.



What to look for when choosing a suburb to invest in?


Suburb Growth

Suburb growth is the change in median home values in a specific suburb over a 12-month period, with a positive growth rate indicating an increase in home values and a negative rate indicating a decrease. 
Pro Tip: Previous growth is no guarantee of future growth so you may to search for suburbs that have had a downturn.


Rental Yield

Rental yield is the annual rental income from a property as a percentage of its value, calculated over a 12-month period. It provides an indication of the potential return on investment for a rental property. 
Pro Tip: A rental yield of 5-6% might just cover your mortgage repayments so is a better chance of being positively geared


Vacancy Rate

Vacancy rate is the percentage of rental properties in a specific area that are unoccupied or available for rent, calculated over a 12-month period. It indicates the demand for rental properties in an area. 
Pro Tip: You will want to make sure there is someone who is going to rent your property. A low vacancy rate is what you are after.


Owner Occupier

Owner occupier as a percentage of a suburb refers to the proportion of homes in the area that are owned and occupied by their owners, as opposed to being rented out. This statistic provides insight into the nature of the housing market in a specific suburb. 
Pro Tip: Do you want to buy in a suburb with renters as neighbours or established homeowners?


Market Absorption

Market absorption is the rate at which available properties are sold in a specific area over a 12-month period, indicating the demand for properties in the area and the overall health of the real estate market. 
Pro Tip: A high market absorption indicates the % of properties on market that sell each month. The higher the better.


Days on Market

Days on market (DOM) for a suburb is the average time properties in the area stay on the market before being sold or taken off the market, calculated over the last 12 months. It reflects the demand and competition for properties in the area. 
Pro Tip: If you are looking to flip, how quickly are you are going to be able to sell it? DOM is a good guide to how long you might be waiting.




Learn more about Hotspots here.


Should you require further help, please e-mail us at [email protected] or reach us through our live chat at https://stashproperty.com.au and we will be happy to assist you.


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