Property prices continue to rise nationwide, with significant growth in both metropolitan and regional areas.
Regional markets show less dramatic changes, with Western Australia leading despite median prices remaining under $500,000, making it one of the more affordable regions. South Australia and Queensland demonstrate steady growth at 2.6 per cent monthly, while Victoria, Tasmania, and New South Wales fall below the national regional average of 2.1 per cent.
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Source: Ray White
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Australian house and unit prices continue their upward trend this month, albeit at a slower pace. Both housing types saw a modest 0.2 per cent appreciation. However, the market is exhibiting greater diversity across states and regions, reflecting varying local economic conditions. July’s CPI results indicate a continued downward trend, … Read more