Residential property – Top 20 city areas set for growth

Editorial director of Switzer
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Neutral Bay and the Spit are the top areas for houses across the East Coast (Brisbane, Sydney and Melbourne) when it comes to five-year predictions in our exclusive run down of property data.

According to Residex, houses in this Sydney area are forecast to grow by an annual rate of 9.28% over the next five years and 9.59% over the next eight years.

Residex bases its projections on a number of factors, including analysis of historical data over many decades (back to 1901 for some areas) and other factors – such as interest rates, inflation, employment levels – to understand their bearing on the property market.

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