Regional Australia continued to outperform the capital cities in 2022, with dwelling values rising marginally last year in the Combined Regions, compared to a 6.9% decline in the Combined Capitals.
That’s according to data published by CoreLogic early in January. It shows that the Combined Regions recorded a 0.1% increase in dwelling values in 2022 (which means, essentially, no change), helped by a 2.2% increase in regional apartment markets.
Across the house markets, the Combined Regions fell just 0.2% (also, essentially, no change) while the Combined Capitals decreased 7.4%.
Overall, the results for 2022 have been a lot more positive, with growth locations outnumbering declining ones.
