NAB Quarterly Australian Residential Property Survey Q4 2014

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NAB’s Head of Industry Analysis Dean Pearson discusses the survey.

Read the full survey

NAB today released its Quarterly Australian Residential Property Q4 2014 survey. The survey shows that the outlook for house prices over the next 1-2 years has pared back in all states, with rent also weaker despite mildly stronger expectations in Victoria and Queensland.

Respondents to the survey expect house prices across Australia to increase by 1.5 per cent over the next 12 months, with Victoria and Queensland expected to experience the biggest gains.

The survey also highlights the suburbs around Australia that are tipped to experience above average capital growth.

NSW:

Eastwood, Glebe, Manly, Marrickville, Newtown, Oran Park, Penrith, Ryde, Surry Hills and Sydney

Victoria:

Essendon, Glen Iris and Ringwood

South Australia:

Mile End, Norwood and Parkside

Western Australia:

Baldivis, Belmont, Bentley, Kelmscott, Mandurah, Perth and Subiaco

Queensland:

Brisbane, Gold Coast, New Farm, Toowoomba and West End

Read the full survey.

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