BuilderBrokers18001BUILDBIS Oxford Economics has forecast Brisbane’s median house price to rise by 20 per cent over the three years to June 2022.

Brisbane house prices could rise up to 20 per cent over the next three years, the largest increase in national house prices for the period, according to BIS Oxford Economics. 

The economic forecaster expects the increase in Brisbane’s median house price over the three years to June 2022, although it anticipates most of this growth to be recorded toward the end of this period. 

A total rise of 6 per cent is forecast for Sydney’s median house price, and Melbourne could see 7 per cent for the three years to June 2022.