I am looking to invest in SA and was wondering if anyone has any thoughts on up and coming areas??? Looking at HtAG’s forecasts in SA, there are a number of high confidence suburbs but their forecasted capital growth is negligible. On the other hand, there are some medium confidence suburbs with a forecast of 5% and above.. What are your thoughts—should I focus on the forecast or on the confidence metric?
Personally, I would follow the medium confidence areas due to their forecast. Even though they are medium confidence, their error margin is less than 10% which is what I can personally live with. Don’t know why you are particularly interested in SA however, there are much better areas in Queensland if you follow capital growth but reasonably priced