New report reveals regional Australia experiencing property price gains not witnessed since 2004

Jack Needham
Updated July 2 2021 - 8:13am, first published July 1 2021 - 10:41am
Property values in Launceston and other parts of regional Tasmania have been boosted as a result of the area's growing popularity as a domestic tourist destination during the pandemic.
Property values in Launceston and other parts of regional Tasmania have been boosted as a result of the area's growing popularity as a domestic tourist destination during the pandemic.

Annual house price growth in regional Australia outpaced that in capital cities in the last financial year, with the combined regions recording a 17.7 per cent increase in values compared to 12.4 per cent in the capitals.

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Jack Needham

Jack Needham

Property News Editor

Jack has been writing about real estate since 2015, covering residential and commercial property markets throughout Australia for the likes of Smart Property Investment and Domain. He has also spent time in the United States researching real estate trends, with a focus on housing affordability issues, for the California Association of Realtors.

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