2013’s winners and losers

By |

PRD Nationwide has predicted a number of property markets will see growth through the year 2013.

In its latest quarterly economic update, the real estate agency said it expected Sydney's market to lead the pack.

"We expect the tight market in Sydney to continue its upswing through 2013," the update said.

"It is reasonable to expect Sydney to experience steady, but modest growth of around 5% throughout the upcoming year.

Perth is also expected to perform stronger in 2013 on the back of continued mining investment.

"A combination of mining investment and low interest rates will help shift this market off the bottom of its property cycle," the report said.

"A conservative estimate of price growth during 2013 would see Perth increase in value by 2%, but such is the swing with this resource affected region, greater market sentiment could give rise to 6% growth."

Meanwhile, Brisbane is expected to be "temporarily suppressed" by a rising rate of jobless residents, and Melbourne will remain in a "period of consolidation", though inner suburbs will hold value.

PRD Nationwide expects Adelaide will remain fairly consistent with only marginal increases.

How do you see your capital city's property prices performing over 2013? Join the debate by commenting below

Do you have more than $120k in your super fund? You could use your super to buy property - Find out how

Top Suburbs : mt gravatt , goulburn , trott park , redcliffe , west wodonga

go back

Get help financing your investment



Do you need help finding the right loan for your investment?


When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here