first_imgBrisbane is tipped to experience continued property price growth this year and in 2019.WHILE the pace of property price growth has slowed, experts are predicting that seven southeast Queensland areas will experience above-average growth this year.The latest survey of property industry experts by NAB revealed Brisbane, Coomera, Gold Coast, Southport, Springfield, Sunshine Coast and Tarragindi were tipped to enjoy stronger price growth.NAB economists have forecast that Brisbane house prices will increase by 1.7 per cent this year, second only to Hobart, which is tipped to experience a 6.5 per cent increase.It also predicted house prices would rise by 2 per cent in Brisbane in 2019.More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus19 hours agoSuburbs tipped for above average growth: NABNAB chief economist Alan Oster said sentiment toward the housing market had continued to strengthen in Queensland, while it had dropped in New South Wales, Victoria, South Australia and the Northern Territory.He said property experts were bullish about stronger property price growth in Queensland.Although he said NAB’s view was that in the unit market there would still be some weakness along the aster seaboard with prices expected to fall in Brisbane, Sydney and Melbourne.Mr Oster expected interest rates to start rising gradually later this year, although that could potentially be delayed until 2019.last_img

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