Strong mining conditions are the main driver of house price growth in regional South Australia and Western Australia . While iron ore remains the largest driver of growth for Western Australia , lithium production continues to increase . In South Australia , copper production was a major contributor to economic growth for the state .
While on aggregate , house prices are up in regional Australia , we are continuing to see large increases in properties coming to market in many beachside holiday destinations . This is impacting pricing in many of these areas .
Regional South Australia and Western Australia are also seeing the strongest price growth for units . Both regions are seeing more than 10 per cent growth over the past 12 months .