Property Buzz

PropertyBuzz, your daily dose of property news.

Is the regional boom Australia’s new normal? Preliminary auction figures dip; and which suburbs have been earmarked for growth into 2025? 


Welcome to Property Buzz! I’m Juliet Helmke. Today is Tuesday, 27 February.


– Australia’s 50 largest non-capital Significant Urban Areas are outperforming the nation’s capital cities, according to data from CoreLogic.

– The trend is largely due to a slowdown in capital city growth rather than an acceleration in regional growth, with regional areas growing 1.2 per cent in the three months to January 2024, compared to 1 per cent in the capitals. But even so, this strong regional result would have been almost unheard of before pandemic conditions flipped the script.

– Regional Western Australia and Queensland, the only states with positive interstate migration, saw impressive growth, particularly in the towns of Albany, Bunbury, Bundaberg, and Rockhampton.

Looking forward, CoreLogic predicts steady regional growth over all, with standout performances for “regional cities in the ‘sweet spot’ – offering commuting options to a capital city, a lifestyle dividend, and affordable housing.


– Preliminary auction results for last week have shown a slight dip in performance, tracking with the wealth of options that were available to buyers over the seven days.

– The week saw the largest number of auctions this year, with 2,775 held, a 33 per cent increase from the previous week and 14 per cent higher than the same period last year.

– Adelaide had the highest preliminary clearance rate at 88 per cent, while Sydney and Victoria saw rates of 77 per cent and 71 per cent respectively. Brisbane reported a substantial increase from this time last year with a rate of 73 per cent.

– CoreLogic research analyst Caitlin Fono expects the capital clearance rate to be finalised at 67 per cent, following a trend of the preliminary clearance rate revising 6.1 percentage points lower on final results.


– And finally, Smart Property Investment has unveiled its Fast 50 2025 report, which reveals the Australian suburbs best placed to see capital growth over the coming year. 

– Compiled with input from trusted property experts and detailed data analysis, it’s a

unique blend of expertise and information that recognizes all investors have

different approaches and strategies. 

– This year’s report is West Australia heavy, with experts and data heavily favouring Perth’s

potential as an investor haven in suburbs such as Calista and Ellenbrook.

– Other suburbs included in this year’s report include Dulwich Hill, Elizabeth Vale, and

Ferntree Gully. 

– Go to to download the report and see if your suburb made this year’s list!


That’s Property Buzz for today. See you again tomorrow, 28 February, for your daily dose of Property Buzz.”

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