The 10 suburbs you need to know if you're buying a home in 2024 - as property expert James Kirkland issues dire warning to renters

A real estate expert has tipped the property market to surge this year and revealed the ten best suburbs for investors across Australia - but there's no good news for renters. The property analyst said buyers should not just be looking for suburbs with high rental yield but also value growth to protect themselves from rising interest rates. James Kirkland, Executive General Manager of Sales at Little Real Estate has tipped the property market to surge in 2024 and revealed the top suburbs to look to invest in Top suburbs to invest in 2024 New South Wales Kensington, East Sydney, has strong investments and is close to both the CBD and universities Wiley Park, Sydney's South West, second strongest 12-month growth in rents in capital cities at 28 per cent Edmondson Park, Sydney's West, property prices doubled in a decade with new airport about to be finished Victoria Carlton, Melbourne's CBD, one of the highest rental yields in the nation while remaining affordable Moonee Ponds, Northwest of Melbourne's CBD, broad opportunities with steady rent demand Point Cook, Southwest Melbourne, flourishing seaside market with rents increasing by 12 per cent in 2023 Queensland Bulimba, east of Brisbane's CBD, expensive and premiere suburb with increasing rental prices Caloundra West, south of the Sunshine Coast, increasingly popular among families pushing prices up 91 per cent in the past decade Southport, Gold Coast's CBD, access to shops and schools with an increase of 115 per cent in the past decade Coomera, north of the Gold Coast, populated with young families pushing rental costs up 15 per cent in 2023 Source: Little Real Estate While the potential for growth will be attractive to many Aussies, Mr Kirkland said the same market influences are likely to negatively affect renters. Kensington, in Sydney's East, has experienced strong growth in rental yield and capital growth after strong investment into suburb with access to the beach and CBD Melbourne's Carlton was also on The real estate agency's 'top suburbs to watch' list for the year after recording strong rental growth while remaining affordable across 2023 He said those looking to buy should decide what type of investment property they want to purchase and get their finances together before making an offer.