Updated Australian property forecasts, expecting a serious boom in the coming years. Brisbane prices will soar 20% by 2023, Westpac say.

How Australian Property Prices have been fairing for the past six months

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  • Westpac has updated its property forecasts, expecting a serious boom in the coming years.
  • The bank’s economists expect prices to fall nationwide by just 2.3% more to June before booming to 2023.
  • Fuelled by low-interest rates and record economic support, chief economist Bill Evans and Matthew Hassan expect some capital cities to boom by as much as 20%. The bank’s economists expect prices to fall nationwide by just 2.3% more to June before booming to 2023.

Sky-high Australian property prices are not only set to live another day, they’re bound to go higher still, the country’s second-biggest bank predicts.

On Thursday Westpac broke ranks with the other big four banks tolay down its latest thinking, expecting the property market to get through the pandemic relatively unscathed before booming.

Months ago Westpac predicted national prices to fall by 10% and to recover a little more than 8% by 2022…

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Removing the Hassle from Sales and Rentals across South East Queensland. Aim to Empower other like minded Property Investors. LJ Gilland Real Estate Pty Ltd LREA推荐书LJ Gilland房地产 http://ljgrealestate.com.au/testimonials/ http://ljgrealestate.com.au/competitive-commission/ http://ljgrealestate.com.au/property-management/ http://www.facebook.com/ljgrealestate L J Gilland Real Estate is a prestigious boutique agency specializing in Property Investment Management Services and the Sales of Investment Properties with tenants in place. Comprised of a top performing group of handpicked specialists, our Agents proudly serve Property Investors in Queensland. Since 1996 our Agency has demonstrated a genuine enjoyment of working with people, developing long-term relationships and delivering on the promise of great service. Carlos and Linda Debello offer property investor's the confidence to sell and lease in any market. We provide comprehensive market appraisals, exclusive multimedia marketing campaigns, and knowledgeable, highly personalized counsel on all aspects of real estate. Our Property Management Team is equally considerate, offering investors with in-depth advise, well-researched rental valuations, and highly professional rental management services. http://goanimate.com/movie/0M4bvcZzgIbI?utm_source=linkshare&uid=0u6RGtWsmlVc Carlos’ direct mobiles are 0400 833 800 & 0413560808. Linda’s mobiles are 0409995578 & 0414978700 (prefer email contact for Linda). Office 07 3263 6085. http://www.ljgrealestate.com.au http://www.yellowpages.com.au/qld/aspley/lj-gilland-real-estate-pty-ltd-14091356-listing.html http://au.linkedin.com/in/lindajanedebello http://twitter.com/GillandDebello http://www.facebook.com/pages/ljgrealestate
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