Original article by Robert Harley
The Australian Financial Review – Page: 32 : 14-Jul-15

A report from property valuation firm Propell suggests that house prices in Sydney and Melbourne will rise by 10 per cent and eight per cent respectively during the next 12 months. However, the firm notes that there is the potential for stronger house prices in Melbourne than in Sydney, as house price growth in the latter city may be moderating. Meanwhile, Propell forecasts five per cent growth in Sydney apartment prices and just one per cent growth in Melbourne.

CORPORATES
PROPELL NATIONAL VALUERS PTY LTD, CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD