While growth has been strong , it ’ s likely that conditions will moderate this year . Like the rest of Australia , the potential for further interest rate rises is having an impact on price growth . Our ability to travel overseas again means that demand for holiday homes will slow . Longer term however , there ’ s a lot to be positive about in regional New South Wales . As affordability continues to challenge people living in Sydney , regional areas within commuting distance , particularly those that offer great lifestyles , will be in high demand . The strong run in agricultural conditions looks set to continue , while mining in places like the central-west continues to be an economic driver .
11