By Graeme Salt
Perth and Brisbane will be where it’s at in 2026. Two research houses (SQM and PropTrack) have concluded that these two cities will see most price growth.
SQM predict that Perth could rise as much as 14 per cent next year and Brisbane by 12 per cent (assuming no change to interest rates).
Meanwhile, REA forecasts both Perth and Brisbane to outpace growth in the other capitals with gains of between 7 per cent and 10 per cent.
Commodity prices are key drivers in both states. But also there are factors such as the 2032 Olympics and interstate migration that are driving prices upwards.
PropTrack has recorded house price growth of 7.4 per cent over the past 12 months, with prices nearly doubling in Brisbane, Adelaide and Perth over the past five years.
And according to the latest REA Group Property Outlook Report, home prices across the combined capital cities are expected to grow between 6 per cent and 8 per cent compared to 8.5 per cent combined capital city growth this year.
So, what does that mean for where you are to invest?
If you want to talk about property trends and how to finance a property purchase, feel free to contact me.
Graeme Salt is an award-winning mortgage broker. For a no-obligations consultation on your home loan needs, please contact him on 02 9922 5055
