New research has revealed the locations across Australia where property prices will not even be able to keep up with inflation over the next three years.
The analysis by sellorhold.com.au found that one in seven property markets in Australia will likely have negative capital growth between now and 2022.
"The research showed that nearly 860 markets in the nation are on track to post price falls over the next three years, with a mix of capital city and regional suburbs in the results, and with oversupply being just one part of the story,” sellorhold.com.au head of research Jeremy Sheppard said.
Here are the bottom five property markets in each Aussie state, according to sellorhold.com.au:
ACT
NSW
NT
QLD
SOUTH AU
TAS
VIC
WA
Marlene Liontis
Wednesday, 6 March 2019
