NAB: Queensland Leads All States In Residential Property Strength

The National Australia Bank recently conducted the Residential Property Index for the third quarter of the year and while the overall index remained unchanged, Queensland has overtaken Victoria as the most conducive state for residential property.

Forecasts show that a modest house price growth is set to continue, despite rising unemployment and affordability issues. Overall house prices are set to increase by 4% in 2015 and 2% in 2016. Brisbane and Sydney is expected to lead all capital cities in growth next year.

Read more about this on the Property Observer website.

Author: Dorian Traill

Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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