Property experts say the best places to invest in Australia are set to undergo a major shift in 2015, as the real estate markets of many major cities commence a slowdown following a protracted spate of gains.

Robert Mellor, managing director of research group BIS Shrapnel, expects the limelight for investment to shift northwards to Queensland, with Brisbane and other popular tourist destinations in the state expected to enjoy particularly strong growth. Mellor expects Brisbane residential property to outperform Sydney over a five-year period, recommending older suburbs situated no…