Can capital gains still be found?

Yes. It may require a little more effort than it did three or four years ago, but if you’re after an investment it’s still possible to find a property that will increase in value over the short and long term. For example, if you’re willing to go south, Hobart has experienced value increases of 18 per cent over the year to January, according to CoreLogic.

As a whole, regional areas outside of the capital cities saw their values increase by 0.2 per cent in January alone, indicating that capital gains can be found in regional areas. Fast growing towns near large centres like Ballarat in VIC or Wyong in NSW are great places to start looking, despite being a little small and far flung.