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PHOTO: The affordable price bracket ruled out all Sydney suburbs. Photo: iStock
Property prices are expected to shoot up by 2022 in several major affordable housing markets across Australia, according to new findings from property research platform Sell or Hold.
Sell or Hold, managed by the independently run Select Residential Property group, looked at 17 markets for the study, each with a median house price of about $500,000.
The research identified the suburb of Karabar in Queanbeyan as likely to see the most price growth over the next three years. The top five is rounded out by Middle Ridge in Toowoomba, Seaton in Adelaide, Ashtonfield in Maitland and Brompton in Adelaide.
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