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The regional markets of New South Wales offer a diverse range of
housing – from lifestyle markets such as the coastal haven of Byron
Bay, to major regional cities that offer economic diversity and rural areas
where housing markets are more aligned with commodity markets
and agriculture. Broadly, major regional centres have continued to see
relatively healthy housing market conditions, while lifestyle markets
continue to gather pace on the back of stronger discretionary spending
and a bounce in tourism. The downwards trend in many of the mining
driven regions appears to be levelling after substantial falls in both
home values, transaction volumes and rental rates.
Regional centres and lifestyle markets gather pace
Median prices across regional NSW
Regional NSW best performers
Rank
Suburb
$
Affordable
1
NOWRA
$211,000
23 19.9%
2
GRIFFITH
$217,500
21 16.3%
3
TAREE
$183,750
72 9.2%
$$
Mid-range
1
RUTHERFORD
$317,500
37 38.0%
2
SHOALHAVEN HEADS
$345,000
22 34.0%
3
BATEHAVEN
$303,875
22 30.7%
$$$
Prestige
1
HAMILTON
$510,000
25 33.3%
2
KEIRAVILLE
$550,000
19 31.5%
3
NEWCASTLE WEST
$500,000
23 26.3%
Rank
Suburb
$
Affordable
1
PEAK HILL
$152,000
21 41.4%
2
HENTY
$175,000
21 34.6%
3
COONAMBLE
$145,000
50 31.8%
$$
Mid-range
1
UNANDERRA
$420,663
82 18.5%
2
MOAMA
$411,000 111 18.3%
3
ULLADULLA
$423,000 165 17.8%
$$$
Prestige
1
WOMBARRA
$1,259,000
21 49.9%
2
HAMILTON EAST
$1,040,000
21 43.8%
3
AUSTINMER
$1,125,000
41 42.4%
Rolling Median Price (12 months)
Number sold (12 months)
12 month change in median price
Affordable
= suburbs below 25th percentile
Mid-range
= suburbs between 25th and 75th percentile
Prestige
= suburbs above 75th percentile
* Based on postcode median house sale prices for 12 months to end December 2015.
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