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Property price growth in regional Australia varies across states, latest data shows

December 04, 2018 / CoreLogis

Property prices in regional Australia, outside of the state capitals, have increased the most in the Geelong region but sales are slower, according to the latest analysis report. House prices in Geelong increased by 16.6% in the 12 months to August 2018 while unit prices were up 11.9%, the data from real estate firm CoreLogis shows. Townsville and Bunbury were the only regions to see both house and unit values fall over the 12 months to September 2018, and Latrobe-Gippsland and Wide Bay were the only regions where sales activity increased over the year to August 2018.