In the world of long-term investing, where the strategy is to buy and hold, success often comes from steady growth, typically between 6-10%.

This growth is driven by the basic principles of supply and demand: people wanting to live in a specific area and the availability of homes.

To predict if a property will grow in value, it's crucial to look at factors like the location's unique features and changes in the population. Consider things like average income, the age of residents, the mix of homeowners and investors, and whether the area has a history of high property values, known as an "established capital benchmark."

Recent data shows that places we're studying have seen significant growth, thanks to their alignment with key indicators for lasting property value appreciation.

All these aspects play a role in determining price growth, and it's essential to note that they can differ not just from one suburb to another but even within the same neighbourhood.

When assessing a whole suburb's past performance, it's wise to avoid getting too caught up in short-term ups and downs, like quarterly growth rates, which can be heavily influenced by a few standout transactions.