Regional property price growth slows as city exodus abates
The flow of capital city people moving into Australia’s regions has plunged, with massive implications for regional property markets around the country.
Regional property prices, including in Bundaberg (pictured), have risen steadily since 2020. (Image source: Martin Valigursky/Shutterstock.com)
Regional property markets around Australia have over the past year outpaced the capital growth rates of their corresponding state capitals but sentiment is now shifting back towards the cities.
Investors have been drawn to higher rental yields and property price growth in regional areas.
Rental yields are higher in each state’s regional market compared to the respective capital, while over the past 12 months Hobart stands alone as the only capi…
