Ray White Now | September 2021 | Page 13

Not surprisingly , this acceleration in movement also led to prices increasing dramatically . Prices across regional Australia have now increased more in 18 months than they had in almost seven years . In many regional towns , prices have increased far more quickly than suburban areas .
Rising house prices in regional Australia
Median price
650,000
600,000
Regional NSW
550,000
500,000
450,000
400,000
350,000
Regional Victoria
Regional QLD
Regional NT
Regional TAS
Regional WA
300,000
Regional SA
250,000
200,000
150,000
100,000
50,000
0 2000 2005 2010 2015 2020
Source : ​ ​Corelogic , Ray White
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