The IPN Regional Price Index analyses the short-term fluctuations in house and unit markets across regions in NSW, VIC, QLD, SA, WA, and TAS, excluding capital city areas. The data is derived from agent-advised sale prices for houses and units and is calculated over a rolling 12-month sample period. Read our October 2024 report.
Regional Price Index Report Highlights
Housing market
- In the housing market, NSW’s Young – Yass saw the largest 3-month change in median sale prices, at +13% over the last quarter. QLD’s Outback – South identified a +11% change, with QLD’s Centenary and Outback – North and NSW’s Moree – Narrabri at +10%. Nationally, WA identified the biggest increase in regional sold median houses prices, with a +5.3% shift, closely followed by QLD at +3.9% and SA at +2.5%. NSW also saw an increase at +1.3%, whilst VIC and TAS held steady with no change over the past 3 months.
Unit market
- In the unit market, SA’s Limestone Coast Gunnedah saw the largest change at +16%. WA’s Bunbury followed closely at +15%, whilst QLD’s Brown Plains rounded out the top three at +12%. Nationally, WA (+4.4%) saw the largest quarterly shift. QLD (4.1%), TAS (+2.5%) and NSW (+1.2%) also identified increases. SA held steady at 0%, whilst VIC saw a deccrease of -0.2%.