Biggest property price gains are outside the capital cities
The hottest property markets in Australia are not spelt in capitals; it's regional real estate that is outperforming the nation's major cities, but where are the real hotspots?
Geraldton recorded the strongest annual increase in regional dwelling values. (Image source: Shutterstock.com)
From Geraldton to Townsville, regional property markets have outperformed the capital cities over the past three months.
The gains were driven by strong growth in the mining towns of Western Australia and Queensland, with quarterly price gains strongest in Mackay (8.3 per cent), followed by Geraldton
, up 8.2 per cent, and Townsville, up 6.6 per cent.Geraldton also recorded the strongest annual increase with dwelling values up 28.7 per cent ove…
