Brisbane house prices are expected to surge 20 per cent over two years after the market bottoms out in mid-2021, while Sydney prices could climb 14 per cent, fuelled by record low interest rates and freely available credit, according to Westpac economists after they revised their previously more bearish outlook.
Melbourne prices are predicted to lift by 12 per cent, Perth by 18 per cent and Adelaide by 10 per cent over 2021 and 2023.
