The difference with tightly held suburbs as opposed to high turnover suburbs is the resilience factor when things start to tighten up.
It seems that when a market starts to show some signs of cooling, these tightly held suburbs ‘clamp down’ and the turnover stalls. This
holds up pricing.
Many high turnover suburbs that surge when the market is boiling, seem to be the first to nose dive when confidence stalls a little.
Are you buying into a resilient area?