Country property markets have performed the strongest in New South Wales, Western Australia and the Northern Territory, according to property research group Residex.
The group’s August 2013 figures showed that the non-urban property market in each of these states saw growth in the house and land market, as well as the unit market.
Tasmania had the worst performing country market for the month, recording negative growth in unit and house and land values.
Over the year to August 2013, the top performing suburbs in the regional property markets of each state included:
Country New South Wales
Warren Houses: 22.15% growth
Bar Beach Units: 15.10% growth
Palm Cove Houses: 20.37% growth
Mulambin Units: 19.10% growth
Lethbridge Houses: 21.10% growth
Flora Hill Units: 9.94% growth
Country Western Australia
Abbey Houses: 18.74% growth
Geraldton Units: 15.74% growth
Country South Australia
Kingston SE Houses: 18.17% growth
Strathalbyn Units: 9.49% growth
Legana Houses: 2.97% growth
Riverside Units: 0.25% growth
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