Insurer predicts property price growth
Trying to predict where property in this country is heading is something everyone’s got an opinion on. It’s notoriously difficult to get right and whatever forecasts you see, need to be taken with a grain of salt.
That all said, QBE released their annual Housing Outlook and they have calculated some interesting trends over the next 3 years:
- Growth in house prices in all capital cities.
- Growth in unit prices in all capital cities except Sydney.
- Double digit house price growth in Adelaide and Brisbane.
- Unit prices in Darwin and Canberra to increase significantly.
If any of these figures have you questioning your purchasing, refinancing or investing plans I’d really like to have a chat with you.
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