How to fix: this.setDynamic is not a function - vue.js

Question

There is some problem with my babel config, not sure what it is..
Error I am seeing:
ERROR Failed to compile with 1 errors friendly-errors 21:27:50
ERROR in ./.nuxt/client.js friendly-errors 21:27:50
Module build failed (from ./node_modules/#nuxt/webpack/node_modules/babel-loader/lib/index.js): friendly-errors 21:27:50
TypeError: this.setDynamic is not a function
my .babelrc looks like this:
{
"presets": [
[
"vue-app",
{
"useBuiltIns": true
}
],
"flow"
],
"plugins": ["#babel/plugin-proposal-decorators", "#babel/plugin-proposal-class-properties"],
"env": {
"test": {
"plugins": ["babel-jest-assertions", "transform-runtime"]
}
}
}
Package-lock, installed plugins:
"#babel/core": "^7.4.5",
"#babel/preset-env": "^7.4.5",
"#nuxtjs/google-analytics": "^2.2.0",
"acorn": "^6.1.1",
"axios": "^0.18.1",
"babel-jest-assertions": "^0.1.0",
"babel-plugin-transform-decorators-legacy": "^1.3.5",
"babel-preset-flow": "^6.23.0",
What needs to be changed for this config to work? Have visited various stackoverflow answers, and have not found a working fix yet.
UPDATED CONFIG AFTER COMMENTS:
"#babel/plugin-transform-runtime": "^7.4.4",
"#babel/polyfill": "^7.4.4",
"#vue/babel-preset-app": "^3.0.0-rc.2",
"autoprefixer": "^7.1.2",
"babel-core": "^6.26.3",
"babel-eslint": "^8.2.3",
"babel-helper-vue-jsx-merge-props": "^2.0.3",
"babel-jest": "^21.0.2",
"babel-loader": "^8.0.0-beta.0",
"babel-plugin-dynamic-import-node": "^1.2.0",
"babel-plugin-syntax-jsx": "^6.18.0",
"babel-plugin-transform-es2015-modules-commonjs": "^6.26.0",
"babel-plugin-transform-imports": "^1.5.1",
"babel-plugin-transform-runtime": "^6.23.0",
"babel-plugin-transform-vue-jsx": "^3.5.0",
"babel-preset-env": "^1.3.2",
"babel-preset-stage-2": "^6.22.0",
"babel-register": "^6.22.0",

Answer 1

The answer to this problem is this. Be aware of your babel configuration, ie like mentioned in the comments. Babel 6 will not work correctly with Babel 7 plugins and etc. Thank you for all the provided help in the comments.