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Top 10 inland rural towns to invest in
By Bianca Dabu
19 February 2021
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1 minute read
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While it’s become apparent that regional housing markets have stolen the spotlight, having outpaced their capital city counterparts in 2020, new research has shown that inland rural towns have also sprouted in popularity.
Housing values across regional Australia climbed 7.9 per cent in 2020, surpassing the growth rate recorded across the combined capital cities by over four times, the latest CoreLogic Property Pulse has revealed.
The top areas attracting buyer attention include high-profile regions such as Byron Bay and Noosa, including semi-rural markets like wine regions and hinterland locations close to the major metro regions.
Regional Australia outstrips capital cities in returns game
By Bianca Dabu
21 January 2021
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1 minute read
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Regional markets have shown impressive long-term returns over 2020, in what has been a rather tumultuous year for the rest of the real estate sector.
According to the latest CoreLogic Property Pulse, the combined regional dwelling market increased 6.9 per cent over 2020, a growth rate more than three times the rate of the combined capital cities.
Further, considering 10-year annualised growth rates – what growth in an asset value would be if it had the same growth rate every year for 10 years – the report found that “secondary cities” performed just as well as, if not better than, their capital city counterparts, particularly across the eastern seaboard.