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Brisbane’s residential real estate sector is performing well in 2014.  A rise in consumer confidence at the conclusion of 2013 has provided a boost to the market, as evidenced by reduced selling periods and positive uplift in prices in some areas, particularly Brisbane’s inner city areas. The drivers – growth in population, employment and household incomes, improved affordability and improved overseas trade; setting a stable platform for the region.

Greater Darwin’s residential property sector has performed well in 2014, assisted by the expansion and creation of existing and new suburbs, which is set to continue as part of the Northern Territory government’s land release plans. The $84.4 million project will facilitate the construction of 6,500 new dwellings, particularly in the south in areas including Palmerston North, as well as the revitalisation of Berrimah Farm and the release of more than 1800 residential lots in the popular Zuccoli.

Perth’s residential property sector performed well in the first half of 2014, giving brief pause for the traditionally subdued Easter period.

It’s been a busy year for Sydneysiders looking to invest in one of the world’s most expensive cities. A recent study placed Australian capital cities Sydney and Melbourne as the 5th and 6th most expensive cities in the world, respectively, behind the likes of Singapore, which took out pole position.

The winter chill is about to strike Melbourne - characterised by average temperatures ranging from 7 to 14°C and a higher number of rainy days, although surprisingly less rainfall than all other months except January and February, according to BOM long-term averages.

Over the years there have been many property investment fads, but few as penetrating and persevering as the infamous “hot spot”. Touted by spruikers, data suppliers and media as quick money makers, hot spots catch many investors and even homebuyers unawares.