Brisbane home prices could grow as much as 5 percent in the next year, negating the national trend.

Home buyers are not the only ones affected, with rental prices predicted to increase by 3-4 percent next year, driven by an increase in interstate migration.

A new report from independent property analyst, SQM Research, has also warned of the risk of an economic recession if changes are implemented to negative gearing during the current housing downturn, following the 2019 federal election.