Is regional property primed for a rebound
Capital growth in regional Australia has lagged the capitals in the wake of the rush from the cities that took place during the pandemic, but some areas are still demanding investor attention.
Who remembers the heady days of 2021?
The media was awash with stories of surging prices across regional centres as demand in towns big and small surged. Regional house prices jumped by 22.2 per cent and 17.3 per cent in 2020-21 and 2021-22 respectively.
Fast forward to this year and the market for regional property looks more challenged. While the performance of regional markets isn’t too bad over the year (6.9 per cent vs all capitals cities …