CoreLogic Releases Regional Market Activity Update

Commenting on the regional market performance over the quarter, report author Cameron Kusher said, “That the regional markets analysed have for the most part seen quite strong increases in values highlighting that demand for housing in these markets continues to grow as capital city markets hjave started to see values fall.”

According to the CoreLogic results, all three regions across New South Wales experienced growth in home values over the year to December 2017. The largest of the increases was for houses across the Newcastle and Lake Macquarie region with median house values increasing by 12.9 per cent. 

On the other hand, the Illawarra region recorded the largest increase in unit value with a median unit increasing by 12.8…