The Residential Property Prospects 2019 to 2022 report released today found signs of improvement in the outlook for the residential market but said continued lending restrictions and high levels of construction in recent years would keep price growth low.
Brisbane is one exception, with growth expected to be driven by high interstate migration and the affordability of its properties compared with other capitals.
“A huge jump in house prices in Brisbane is being predicted as Australia’s market approaches rock bottom.”
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