Buying a house in 2017? Here are the property hotspots around Australia

Australia's property market is expected to "cool down" this year, with house prices in Melbourne and Canberra expected to have the highest growth.

A Sydney house up for sale Source: AAP

With mortgage rates expected to rise during 2017, experts predict a moderate price growth of 4-5% in the housing market around the country.

 

This may mean opportunities for investors in various parts of the country - here's a report about the likely growth in house prices in the major cities of Australia, and an experts' view on the property hotspots.

 

Manpreet K Singh reports......