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Regional Victoria shakes off tax hikes to land rapid growth

A new property tax looks set to add even more to the cost of regional Victorian property in a market that is already running hot with an influx sea-change and tree-change arrivals.

Bourke St at Mt Buller after a snow storm in the Australian Alps in Victoria.
It's all upwards for regional Victorian property, including in the alpine regions.

A new property tax looks set to add even more to the cost of regional Victorian property in a market that is already running hot with an influx sea-change and tree-change arrivals.

Regional Victoria has experienced an epic boom in prices over the past year, with houses up by a whopping 27 per cent and units and apartment up by almost 20 per cent.

Driven by an exodus from Melbourne, work-from-home arrangements and a strong employment recovery, r…