Rixter
Do you have an IP in Calamvale?.
Yes that is one suburb. Its more than doubled in CG & yield since purchasing there.
Also quiet a few others scattered around south side and bay side.
If you're looking for long term CG areas, then as per my MACRO purchasing criteria listed post #9 above.
If you're looking for short term CG, I looked for the following 4 flag sectors injecting money. -
Government, Commercial, Retail, Private
We discovered this ultimately uplifted & beautified the area resulting in people's attraction thus moving in and creating demand.
We have found this to work very well if you are looking for short to medium term capital growth so as to leverage against and build your portfolio faster.
Typically these are some of the signs we looked for where sectors were injecting money -
A/ Local/State/Federal Government. ie Major arterial roads, Govt Depts locating to area, Street Scrapping, New Public Transport, Recreational facilities, Hospitals/Medical facilities, Suburb Redevelopment Authorities being formed. etc
B/ Big Multi National Retail & Commercial type companies. ie Major Shopping Centres, McDonalds Hungry Jacks, KFC, Bunnings, Harvey Normans, Good Guys, etc. These companies spend $Millions on market research before going into and setting up shop in an area. If there was no current or immediate future demand for their products and services they would not be moving in, so leverage off the back of their research.
Sources for information as part of your due diligence - You can check out all the federal/state/local government planning & development websites at this one convenient link
http://www.oultwood.com/public/country.php?country=australia&scrwidth=1440 .
Other sources I use to gather info are from all the various big multi-national company websites, local newspapers, community news, local businesses, and people in the area.....general networking etc.
C/ Private People/Investors. ie Owner occupiers and Investors bowling over old houses then rebuilding new modern homes and redeveloping town houses / villas.
Get out and about. Jump in your car and drive around the area. Better still is once you're in your prospective area hit the streets by foot. You will see so much more on foot than by driving.
I hope this helps.