Experts names 10 best value markets for homebuyers

Homebuyers priced out of the country’s hottest property markets have been urged to look beyond the usual suspects, with new analysis revealing 10 locations where buyers can still get more bang for their buck. While some of the markets are already recording double-digit price growth, others have been singled out because they remain relatively affordable, have tight rental markets and offer investors stronger yields. Melbourne’s subdued performance could create an opportunity for buyers willing to take a longer-term view. Picture: Jake Nowakowski. InvestorKit has named Melbourne, Geelong, Albury-Wodonga, Hobart, Launceston, Newcastle, Ballarat, Burnie, the NSW Central Coast and Bathurst among the country’s best “value for money” markets right now. InvestorKit founder Arjun Paliwal said national property figures were increasingly failing to tell the full story, with vastly different conditions playing out across individual cities and regions. “What we’re seeing right now isn’t a uniform market, it’s markets within markets,” Mr Paliwal said. “National headlines about falling prices mask the fact that plenty of cities are quietly building strong fundamentals.” 10 BEST VALUE MARKETS THIS...