South East South Australia hops to top performing regional market

[{"selector":"#anim-604aa4b7-951e-4358-8e5b-d1880d356962 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] PREMIUM regional lifestyle markets have been hardest hit by the softer market conditions, while affordable rural markets are tipped to keep showing resilience. Read more

[{"selector":"#anim-31695950-7454-4f84-beab-16e5805070e8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(2.1677574989291197e-15%, 2.5711699942025077e-7%) scale(0.847457627118644)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] CoreLogic’s quarterly Regional Market Update, which examines Australia’s 25 largest non-capital city regions, shows just seven of the areas saw a... Read more

[{"selector":"#anim-b12e9c1e-54ae-4427-845e-7e9f026c0115 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The south east region in South Australia, which includes areas such as Kangaroo Island, the Fleurieu Peninsula and the... Read more

[{"selector":"#anim-ea92e9de-5ad8-4b4f-8f07-f3bcec8b76ea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.4034399948172863e-15%, 2.5495635385903583e-7%) scale(0.8403361344537815)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The New England and North West in NSW and Bunbury in Western Australia were next best, up 4.9% and 4.8% respectively... Read more

[{"selector":"#anim-fe07dc29-5e32-4a5c-9016-f8f72aec228f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] At the other end of the scale were NSW lifestyle markets including the Richmond-Tweed, down 24.2%, the Southern Highlands and... Read more

[{"selector":"#anim-3f5c2eb9-618e-4659-901c-7f2f65a08f0e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.4034399948172863e-15%, 2.5495635385903583e-7%) scale(0.8403361344537815)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Over the past year, premium lifestyle markets have been hardest hit by softer market conditions and rate increases,”... Read more

[{"selector":"#anim-71c01c70-5d61-49e6-bbdf-da401580c1b6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.4034399948172863e-15%, 2.5495635385903583e-7%) scale(0.8403361344537815)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “These markets were among the largest beneficiaries of regional migration through the COVID-induced upswing and... Read more

[{"selector":"#anim-ef6fcbde-c098-4178-8003-fcb0fec12920 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.4034399948172863e-15%, 2.5495635385903583e-7%) scale(0.8403361344537815)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] House values in Richmond-Tweed skyrocketed by 51% during the pandemic before its higher price tag, the rising cost of... Read more

[{"selector":"#anim-31d29930-ebd4-4c43-a89c-07e22b79c1d1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.4034399948172863e-15%, 2.5495635385903583e-7%) scale(0.8403361344537815)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Houses in Queensland’s Toowoomba sold fastest during the quarter, with a median time on market of 21 days... Read more

[{"selector":"#anim-c4f0d885-30fa-4597-aa0b-543f90a110e0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Riverina tops unit markets Read more The Riverina region in NSW recorded the largest annual increase in values, up 19.8% to April, followed by...

[{"selector":"#anim-1da93b63-39d5-4890-92a0-b53e26e103fa [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Mackay – Isaac – Whitsunday was the only region to see an increase in the volume of unit sales over the year to February, with... Read more

[{"selector":"#anim-6df434c5-8170-43c0-8030-c20c22e7dbe8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Units across Cairns sold quicker than those in any other region, at 20 days, down from 32 days in the previous quarter... Read more

[{"selector":"#anim-8619f628-472d-4ed3-a4ca-f1a4ef35dac6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Affordable rural markets resilient Read more Ezzy said affordable rural markets continue to show some resilience, having recorded only mild declines through the...

[{"selector":"#anim-9a0e6c10-e960-49a2-a9e8-4acd14a89ff6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Despite two interest rate rises over the first few months of the year, these markets offer relative affordability... Read more

[{"selector":"#anim-68906004-4ddc-493a-8f49-77bffc2106c2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.4034399948172863e-15%, 2.5495635385903583e-7%) scale(0.8403361344537815)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] There has also been some positive improvements in the quarterly house figures within the desirable commuter markets, such as... Read more

[{"selector":"#anim-fdb3ff9d-b0e0-4d4d-84e2-8327981a5d31 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Similar to Sydney and Melbourne, these more expensive regional commuter markets typically lead the cycle. Although mild... Read more

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South East South Australia hops to top performing regional market

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