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ISCOVER
Staff Reporter
Canberra is expected to outperform the other property markets over the coming 12 months.
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According to NAB’s quarterly Australian residential property survey, prices are expected to climb by 5 per cent over the coming quarter in the nation’s capital city.
Brisbane is predicted to be the poorest performing capital city, with just 0.1 per cent growth expected over the coming quarter.
Overall, properties in the sub-$500,000 category remain the top pick for capital growth over the next 12 months, with those tipping $2 million expected to perform the worst.
