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Most areas of New South Wales, outside of Sydney, are seeing home

values increase. In particular, there is evident strength in markets close

to Sydney, such as Wollongong and Newcastle, which may indicate

that as buyers are priced out of the capital city they are looking to

major regions and towns nearby.

Coastal lifestyle markets are also seeing an increase in buyer demand

and a subsequent lift in home values, after a number of years of

relatively sedate housing market conditions along the regional coastline.

Mining related regions continue to be impacted by the downturn in

mining investment.

Regions grow as home owners priced out of Sydney

Median prices across regional NSW

Regional NSW best performers

Rank

Suburb

$

Affordable

1

NORTH ALBURY

$195,150

19 37.4%

2

COROWA

$170,000

16 21.4%

3

MURWILLUMBAH

$190,000

54 17.3%

$$

Mid–range

1

PORT KEMBLA

$346,000

24 34.6%

2

MAITLAND

$350,000

18 25.0%

3

SHOALHAVEN HEADS $345,000

15 19.0%

$$$

Prestige

1

NEWCASTLE EAST

$1,025,000

24 41.4%

2

BOWRAL

$625,000

94 20.4%

3

KEIRAVILLE

$535,000

19 18.9%

Rank

Suburb

$

Affordable

1

BINNAWAY

$115,000

10 15.0%

2

COONAMBLE

$140,000

52 12.9%

3

BARRABA

$117,250

31 9.6%

$$

Mid–range

1

BUTTABA

$490,000

35 21.0%

2

MOUNT WARRIGAL

$500,000

74 20.5%

3

KANAHOOKA

$499,000

85 16.0%

$$$

Prestige

1

BURRADOO

$1,300,000

110 25.0%

2

AUSTINMER

$1,112,500

42 17.1%

3

ROYALLA

$1,002,500

12 10.2%

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

Source: CoreLogic

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