Hotspotting's Price Predictor Index for Summer 2021/2022 revealed the most stable markets for property investors.
The report said those who prioritise safety in real estate investment can focus on the 'Consistency' markets – the ones that deliver almost identical sales numbers, quarter after quarter.
South Australia's Hallett Cove in Adelaide took out the top spot, however NSW had 16 of the top 50 most consistent suburbs in Australia.
According to the Price Predictor Index, Hallett Cove has recorded between 50 and 66 sales every quarter for the past three years and has a median house price of $540,000.
Its median house price has increased 15% in the past 12 months, including a 5.5% increase in the most recent quarter.
Terry Ryder, founder of Hotspotting and author of the report, said sales volumes are a more accurate indicator of value than median price data.
"The property industry measures market movements by median price changes - but this is a flawed tool for depicting real estate fortunes," he said in the report.
"Changes in sales volumes are far more relevant and useful: medians record the recent past for prices, while sales volumes predict the future.
"The Price Predictor Index is a tool based on trends in sales volumes – i.e. the number of sales of houses and units.
"History shows there is a correlation between sales volumes and price movements: the number of sales changes first and prices react – with a time lag. This is true whether markets are rising or falling.
"Consistent markets can produce good price growth in the short-term and very solid long-term capital growth rates."
The report listed the 50 most consistent regions for investors in each state.
NSW
| Suburb/Region | Median House Price |
| Budgewoi (Central Coast) | $600,000 |
| Canley Heights | $820,000 |
| Colyton | $685,000 |
| Concord | $2,325,000 |
| Cooma | $385,000 |
| Elderslie | $770,000 |
| Fairlight | $2,865,000 |
| Glenwood | $1,185,000 |
| Gledswood Hills | $830,000 |
| Gymea | $1,340,000 |
| Jamisontown | $770,000 |
| Kariong | $775,000 |
| North Bondi | $3,580,000 |
| North Lambton | $670,000 |
| St Clair | $750,000 |
| Winston Hills | $1,190,000 |
Victoria
| Suburb/Region | Median House Price |
| Clifton Springs | $570,000 |
| Colac | $375,000 |
| Geelong West | $885,000 |
| Macleod | $1,065,000 |
| Newborough | $320,000 |
Queensland
| Suburb/Region | Median House Price |
| Albany Creek | $680,000 |
| Bellara | $440,000 |
| Camp Hill | $1,085,000 |
| Chermside West | $675,000 |
| Manly West | $720,000 |
| Moggill | $650,000 |
| Rothwell | $470,000 |
| Salisbury | $645,000 |
| Stafford | $725,000 |
| Stafford Heights | $720,000 |
SA
| Suburb/Region | Median House Price |
| Hallett Cove | $540,000 |
| Marion | $565,000 |
| Salisbury Downs | $355,000 |
| Valley View | $430,000 |
Tasmania
| Suburb/Region | Median House Price |
| Howrah | $640,000 |
| Lindisfarne | $640,000 |
| Ulverstone | $370,000 |
WA
| Suburb/Region | Median House Price |
| Bassendean | $540,000 |
| Beechboro | $385,000 |
| Leeming | $725,000 |
| Mt Claremont | $1,410,000 |
| Sorrento | $1,100,000 |
| West Leederville | $1,125,000 |
| Willetton | $725,000 |
Source: Hotspotting Price Predictor Index, summer 2021-22 edition
Full Report: hotspotting.com.au
Image by Finn via Unsplash
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