Melbourne tipped to become Australia’s house price leader

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.

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