Australia News

Regional Housing Prices, Rents Hit Record Highs in Australia

Home values across regional Australia climbed 2.1 percent in the three months to April 2024, the highest quarterly increase in nearly two years.
Regional Housing Prices, Rents Hit Record Highs in Australia
A quiet street in Fremantle, Australia on March 28, 2020.Paul Kane/Getty Images
Alfred Bui
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Australia’s housing crisis has deepened as rents and housing prices in regional areas reached record highs in the past quarter.

According to real estate data firm CoreLogic, home values across regional Australia climbed 2.1 percent in the three months to April 2024, the highest quarterly increase in nearly two years.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].