Analysis of property prices in Australia’s 30 largest regional cities has revealed a handful of places where prices are growing as fast, if not faster than the strongest capital city markets.

The Albanese and Allan Labor governments are giving Goulburn Valley passengers smoother and more reliable journeys – completing major track upgrades between Shepparton and Seymour.

Australia’s housing market reached a turning point during the first quarter of 2023, with house prices in the combined capitals increasing for the first time in a year. Despite the rise, current market conditions are more balanced between buyers and sellers, as the current pace of quarterly growth of 0.4% across the combined capitals is moderate compared to the historical average of 2.6%