More Regional Areas Recording Value Declines Than Increases

SA3 regions are part of the Australian Statistical Geography Standard (ASGS). An SA3 region provides a more granular look at the performance of housing markets given that these areas generally have a population of between 30,000 and 130,000 people and in regional areas they represent the area serviced by regional cities that have a population over 20,000 people.

Of the 148 regional SA3 areas, 62 of them have recorded an increase in dwelling values or no change over the year to April 2019….