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Profits and peril as regional markets power along

Regional properties around Australia continue to outperform the city markets, with price gains delivering profits to investors but exacerbating a rental and first-home buyer crisis.

Aerial view of Ulladulla harbour during the day, with boat and wake entering small harbour and mountains in distance.
Just over 220 kilometres south of Sydney, Ulladulla, in the Shoalhaven area, has experienced rapid price growth.

Regional properties around Australia continue to outperform the city markets, with price gains delivering profits to investors but exacerbating a rental and first-home buyer crisis in many country markets.

While growth had slowed from its April 2021 quarterly peak of 6.6 per cent, the regions still clocked up an impressive 4.7 per cent growth for the three months to April 2022.

CoreLogic’s quarterly Regional Market Update, released Tuesday (17 …