NAB predicts Brisbane will lead Australias residential price increases in 2014
The National Australia Bank Quarterly Residential Property Survey predicts Brisbane will experience an average capital city house price rise of 6% in the year to December 2014. Low interest rates, population growth and low supply and foreign buying...
The National Australia Bank Quarterly Residential Property Survey predicts Brisbane will experience an average capital city house price rise of 6% in the year to December 2014. Low interest rates, population growth and low supply and foreign buying activity will be responsible.
Strong regional growth in Caboolture, the Gold Coast and Toowoomba are also predicted.
Perth can expect 2.7% growth, Melbourne 3.2% and Sydney 3%.
