St Kilda in Victoria is predicted for better than average price growth this year. Picture: realestate.com.au.

While the general consensus was that price growth would slow nationally this year, the latest NAB Australian Residential Property Survey of industry experts identified those areas which they believed would go above and beyond.

New South Wales had four areas on the list — Newtown, Parramatta, Penrith and Sydney.

Victoria’s Armadale, Doncaster, Frankston, Glen Waverley, Heidelberg Heights, Melbourne, Richmond and St Kilda were all tipped to perform well.

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North Hobart also made it onto the list of potential star performers.

NAB Group chief economist Alan Oster predicted nationally house prices would rise by 1.5 per cent this year, while units prices would drop by 1 per cent.

Mr Oster said the Australian housing market got off to a better than expected start in 2016, with prices in the major eastern capitals pushing higher.

7 Holdsworth St, Newtown has a price guide of $1.9 million and is scheduled for auction on May 14. Picture: realestate.com.au.Source:Supplied

In the housing market, Brisbane and Melbourne were expected to be the best performers this year.

Brisbane house prices were tipped to rise by 2.6 per cent this year, while Melbourne would be close behind with an increase of 2.3 per cent.

Sydney’s house price growth would slow to 1.5 per cent while in Adelaide the increase would be a marginal 0.2 per cent.

Prices were expected to drop in the Perth housing market by another 3 per cent.

Mr Oster said sentiment was positive in the eastern seaboard states while it was negative in other states.

The report comes as the CoreLogic TEG Rewards, market sentiment survey revealed 44 per cent of Brisbane and Melbourne residents believed home values would rise in the next 12 months.

Sydney residents were slightly more cautious with only 39 per cent predicting a rise.

Many respondents thought the market was vulnerable to a significant correction in values this year.