The latest house prices forecast in Australia by 2025: NAB

According to The Australian Financial Review, Perth’s house prices are on track to increase by 21 per cent over the next two years, National Australia Bank says in its latest forecast, lifting its earlier prediction by almost 4 percentage points this year alone as values accelerate.
The bank is now expecting Perth’s home values to jump by 13.7 per cent this year and gain another 6.2 per cent by the end of 2025.
Brisbane and Adelaide are also poised to rack up stronger growth in the next two years, with house prices predicted to increase by a total of 12.2 per cent and 12.3 per cent respectively.
Sydney house prices are expected to increase by 4.5 per cent this year and gain a further 3.7 per cent next year for a total of 8.4 per cent by the end of 2025. This is slightly lower than the bank’s earlier forecast of 8.6 per cent in total.
Melbourne is forecast to rise by 2.5 per cent this year and another 3.7 per cent next for a total of 6.3 per cent over the next two years, which is also a tad lower than the 6.4 per cent the bank predicted earlier.
Across the combined capital cities, NAB is expecting prices to rise by 5.5 per cent this year and add another 3.7 per cent next year for a total increase of 9.4 per cent, which is higher than its earlier forecast of 8.7 per cent.

https://www.afr.com/property/residential/perth-s-house-prices-to-jump-21pc-by-2025-nab-20240530-p5jhy5