In a technical sense, there can only be one capital city in each state and territory. From a property market perspective, ‘capital city’ has nothing to do with capital growth, big does not mean ‘better’, and region does not define ‘risk’.
‘Capital city’ is a merely a term, not an outcome.
Spread across Australia’s eight states and territories are (literally) dozens of major regional cities which Propertyology would describe as a mini capital city. At the right time, each of these locations will have better potential for property investors than the more conventional capital cities. And many of them represent less risk.
In this television interview for Sky News, Propertyology’s Head of Research, Simon Pressley, discussed some pros and cons, including why he personally has invested in many mini capital cities.
Mini Capital Cities:
- What are they?
- How have their respective property markets performed?
- Why should they be included in investment property portfolios?
- How to find them?
Propertyology is Australia’s premier property market analyst and award-winning buyer’s agency. Every capital city, every non-capital city, we analyse fundamentals in every market, every day. We use this valuable research to help everyday Aussies to invest in strategically-chosen locations (literally) all over Australia. Like to know more? Contact us here.