Units in regional Tasmania highest growth regional market, while Illawarra a standout performer across the house market

Tim Lawless, Head of Research comments on the latest quarterly results: Broadly, regional housing values have held firm through the COVID period compared with their capital city counterparts, with dwelling values across the combined regional areas of Australia slipping by only 0.1% between March and the end of July, while capital city home values are down 2.0% over the same period. 

While the region by region data shows diversity, the relatively steady conditions across the regional…