The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
Population
Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.
Top 80% of all areas
Good New Projects Upcoming
Low New Home Construction
Retail Trade - 14.0%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 10.0%
Others - 51.0%
An assessment of which industry residents of this area are currently employed
Diverse employment lowers the risk to us as investors if we have a slow down with one large employer or industry.
Average Income
An assessment of how Gross income figures per household are changing over time.
It is not the actual income figure that is important, it is the rate of change that helps to create opportunity for investors. If incomes in an area are growing strongly, then the area may be gentrifying leading to strong capital growth performance.
The average time it takes residents to commute to their place of employment - a useful assessment for metropolitan areas.
When people are employed locally, the area becomes a place that residents typically stay put. Lower commute times demonstrate a scarce, well serviced area - a highly valued location.
Ordered by Best Projected Short Term Growth (Green = Buying window)
