Mining Regions Fuel Regional Property Market Growth

Western Australian and Queensland mining regions are leading the growth charts.

The world's largest dump trucks shifting earth at Citic Pacific Mining's Sino Iron magnetite iron ore project in the Pilbara region of Western Australia on Mar. 5, 2010. Amy Coopes/AFP via Getty Images

Mining hubs in Australia are driving regional property markets to outperform urban counterparts, though some areas lag behind in price growth.

Regional dwelling values rose 1.1 percent in the three months to October, compared to a 0.8 percent increase in capital cities, according to CoreLogic’s latest Regional Market Update.