PHOTO: Phil White, CEO of QBE. Picture: Supplied Source: Supplied
BRISBANE is on the cusp of a mini boom with house prices set to “accelerate” over the next three years — outperforming every other capital city, a leading industry player predicts.
In its Australian Housing Outlook 2019-2022, released today, QBE forecasts median house price growth in the Queensland capital to average 6.4 per cent per annum over the next three years, boosted by tourism, an improving economy and affordability.
That’s more than a 19 per cent increase in average growth by 2022, taking the median house price to $660,000.
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QBE Dwelling Prices Outlook for Brisbane and Gold Coast. Source: QBE. Source:Supplied
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