The latest Finder RBA Cash Rate Survey, which polled 40 experts and economists, has tipped Melbourne to become the nation’s house price leader over the next 12 months:
Experts are predicting the property market to continue to run for the next 12 months, – especially in Melbourne, where a predicted 9% price increase would increase the average home price to $817,114.
The predicted 8% increase in Sydney would see property prices increase another $76,619 on average.