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Some east coast property markets are still enjoying strong capital growth

Regional locations dominate the assortment of areas singled out for defying the wider property downturn across Victoria, New South Wales and Queensland.

Aerial view of Wodonga, Victoria, with its lakeside suburban homes and hills in background.
Wodonga, Victoria, has enjoyed two years of very solid capital growth. (Image source: Shutterstock.com)

The impact of nine consecutive interest rate hikes has varied widely in suburbs, regions and states.

In the face of property prices falls that have been most dramatic in the three eastern seaboard states, there are still many suburbs experiencing growth.

Despite the interest rate rises

, investors are still purchasing property, and perhaps buying in different areas to where they may have been prior to the interest rate rises.

Some owner-occupie…

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