Ray White Now - June 2024 | Page 7

In regional markets , both houses and units are moving in harmony . South Australia and Western Australia have surged by two per cent , translating to remarkable annual growth rates of 17.9 per cent and 17 per cent , respectively . The allure of affordable unit assets in these regions appeals to a diverse range of buyers , including owner-occupiers , firsttime buyers , and investors .
Meanwhile , regional Queensland boasts robust pricing , with a median of $ 567,832 . This month , it has seen a healthy 1.5 per cent growth . However , New South Wales and Victoria continue to lag behind other states . Their monthly improvements stand at 0.8 per cent and 0.6 per cent , respectively , while their annual changes remain the most modest .