Residex reveals top performing regional suburbs

by 03 Oct 2013

Property research group Residex has announced the top performing suburbs in each country property market for August, 2013.

Looking at country housing markets for each state as a whole, New South Wales, Western Australia and the Northern Territory were the best performers for the month of August, with each market experiencing growth in the house and land market as well as the unit market.

Tasmania was the worst country performer for the month, recording negative growth in both the house and land market and the unit market.

For the year ending August 2013, the top performing suburbs in each country property market were:

Country New South Wales

Warren Houses: 22.15% growth

Bar Beach Units: 15.10% growth

Country Queensland

Palm Cove Houses: 20.37% growth

Mulambin Units: 19.10% growth

Country Victoria

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

Country Tasmania

Legana Houses: 2.97% growth

Riverside Units: 0.25% growth