Housing Market in Regional Australia Continues to Grow While Prices Fall in Capital Cities

High density housing is seen in an established suburb August 2, 2006 in Sydney, Australia. Ian Waldie/Getty Images

Regional South Australia has seen its housing market reach a new peak, with property prices in the area hitting “significant growth” as home prices continue to fall across the country, according to PropTrack’s latest report.

Meanwhile, Adelaide was the last capital city to record a price fall this year, making it the strongest performing capital city over the past year “with regional SA the only stronger market nationwide.”