The strong capital city market has created a knock-on effect for regional property investors over the past 12 months.
Strong property market conditions across key capital city areas during 2013, have been the catalyst to provide a knock-on effect to some of Australia’s regional property markets with an increase in property values across several regions during 2013.
Only 16 council areas recorded a fall in median house values throughout 2013.
News of value growth across most markets over the year will be welcomed by the regional markets where in some cases they’ve been doing it tough – these results suggest that it is not just the capital city housing markets that are benefitting from the low mortgage rate environment, so too are regional areas. Read More…