Sydney predicted to top prime price growth

Sydney is predicted to top prime property price growth in 2016. Knight Frank's forecast for the year highlights the Australian capital as the strongest performer in the coming year, although growth in the city is expected to slow from 15 per cent in 2015 to 10 per cent. The slower growth is attributed to an array of headwinds, including the country's cooling economy and the introduction of fees for foreign investment in real estate.

Of Knight Frank's 10 analysed cities, only London, Paris, Geneva and Singapore are expected to see price growth strengthen.