Melbourne poised to leapfrog Sydney to lead house price growth
Melbourne has been tipped to lead Australia’s capital cities in house price growth over the next 12 months, with new forecasts showing values will continue to rise despite an expected economic contraction that's likely to keep interest rates on ice for the medium-term.
Melbourne's famous Bourke Street mall may be currently quiet, but the city's property market is anything but. Photo: Auliviart / Shutterstock.com (Image source: Shutterstock.com)
Melbourne has been tipped to lead Australia’s capital cities in house price growth over the next 12 months, with new forecasts showing values will continue to rise despite an expected economic contraction that's likely to keep interest rates on ice for the medium-term.
Responses to Finder’s latest RBA Cash Rate Survey indicated the current hot market conditions are likely to continue across Australia, with Melbourne property prices tipped to ris…
