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Launceston leads thriving regional property market – The Australian Financial Review

Tasmania’s Launceston property market is thriving with house values climbing in the year through last month.

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Tasmania did lose its hold on highest yearly growth for units, with NSW’s Southern Highlands and Shoalhaven unit market stealing the crown, recording annual growth of 8.6 per cent in the year to October 31.
In the regional markets, houses proved the better performer with 23 of the 25 largest house markets recording value rises, versus just 18 regions with positive growth for units.
Among the declining markets, Western Australia’s Bunbury region was the worst performer in yearly house value growth…

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