The Australian regional property markets have experienced robust growth this month , mirroring trends observed in metropolitan areas . Notably , Western Australia and South Australia , attracting both occupiers and investors seeking affordable opportunities . Prices in these regions surged by 2.2 per cent and 1.8 per cent , respectively , maintaining strong momentum throughout the year with annual changes exceeding 15 per cent .
Queensland , with impressive growth of 1.8 per cent this month ( or 14.3 per cent over the year ), remains the second most expensive regional market for property purchases . The median price stands at $ 672,784 , trailing behind New South Wales at $ 742,125 ( which saw 1.1 per cent monthly growth ). Meanwhile , smaller markets in the Northern Territory and Tasmania continue to deliver outstanding results , rising by 1.4 per cent and 1.1 per cent , respectively , this month . In contrast , Victorian growth lags behind , with a modest 0.8 per cent increase ( or 4.2 per cent over the year ), resulting in a median price of $ 587,478 .