The comprehensive study by Your Investment Property magazine spoke to property experts and market analysts and compared their forecasts with sales data obtained from CoreLogic RP Data.
The top 100 list was created from more than 15,000 Australian suburbs.
A range of factors determined a suburbs ranking including tenant demand, capital growth potential, and the likelihood of improved infrastructure and a growing population. Holsworthy scored an above average ranking for this criterion.
Whilst Liverpool City is ranked number thirteen due to its plentiful amenities and a thriving employment base, Holsworthy has been showing an annual increase of 8% in home values in the last 20 years, and according to property experts is poised for growth and is a market strongly geared towards vendors.
Allan Dabbagh owner of Coldwell Banker South West Realty at Wattle Grove says that Holsworthy investment properties are quickly tenanted because of the access to schools, parks, the Wattle Grove shopping centre, childcare centres and most importantly Holsworthy train station which provides a direct link to the Sydney CBD.
“The mix of housing types such as townhouses, older homes and recently built modern residences, the proximity of the M5 and essential services makes Holsworthy an attractive and convenient place to live and rent.” Mr Dabbagh said
According to The Australian Bureau of Statistics approximately 27% of Holsworthy residents are tenants and the vacancy rate of Holsworthy is currently 0.9%.
Miri Crescent was named as one of Holsworthy’s best streets with its large modern homes attracting prices that are heading towards the one million dollar mark.