These are the top 10 hotspots for property in your region that you should be paying attention to in 2022

Property buyers are now looking beyond the immediate area to take advantage of the rising prices for houses in cities and changing attitudes about remote work.
With only occasional commutes into a CBD office, many potential buyers are weighing up the option of choosing lifestyle over location – prompting the boom in what were once considered fringe regional centres.
Ethos Urban demographer Chris McNeil believes fewer people required in city-based offices will see the expansion – and consequent house price rises – of locations within 200 kilometres of a capital city.
McNeil stated that the “greatest impact of this new work from home paradigm is likely to be an expansion of commuter belt.”
“Periurban living has been a popular choice of many people over the past 20-30 years. However, most periurban dwellers adhere to a 100-kilometre rule. This is the distance they are willing and able to travel to get to work.
McNeil stated that while most of the coast areas and regions are “well-and-truly overgrown”, there are many regional centers that provide infrastructure that is convenient to commuters like high-speed railways.
McNeil, a New South Wales resident believes that the Hunter Valley and Snowy Mountains will be the areas with the greatest growth. Many people from Victoria will move to key towns such as Wangaratta, Mansfield and Shepparton Wangaratta.
Other key hotspots are Toowoomba west of Brisbane and Launceston in Tasmania.
Below is a list of the top spots that Mr McNeil recommends.
McNeil stated, “The remote work option will increase appeal to each capital city, possibly up to 200 km.”
“Not all towns are attractive. People who are looking for a lifestyle that is regional will continue to be attracted to areas or places that offer a lifestyle appeal and are well connected by rail and road to capital cities. They also have a well-established social, cultural, educational and health infrastructure.
McNeil says that although some areas have seen an increase in property prices, most of them have not been discovered by long distance commuters who want more value for their property.
“Most are located inland of the capital cities. McNeill explained that many areas and towns along the coast have been completely reclaimed.”
“Most of these areas already have their converts, support and in some cases, a surge in lot sales and house prices has been evident over the past two years.
“The majority of these areas may not be the center for capital-city dwellers who are looking for a more regional lifestyle.”

Top 10 regional property hotspots to watch in 2022*

Region Key Cities and Towns Attributes
North Central Victoria Echuca, Shepparton, Nagambie, Cobram, Yarrawonga Melbourne: 1.5-3 Hours

River country has a wide variety horticultural and agricultural products

Shepparton, the main hub and a wide variety of smaller towns and cities with lifestyle appeal.

– Greater rail connections to Melbourne via freeway

North-Eastern Victoria Euroa, Benalla, Wangaratta, Myrtleford, Bright, Beechworth, Albury-Wodonga Melbourne: 2 to 3 Hours

– Mountains, rolling hills and riverside vines

– Strong lifestyle appeal

Albury-Wodonga, the major hub. There are many smaller cities and towns, some with strong heritage streetscapes.

– Melbourne’s improved rail connections and freeway

Inner Central West (New South Wales) Bathurst, Orange, and Lithgow From Sydney, it takes approximately 2 to 3 hours to drive.

– Mountains and rolling hills

– Heritage streetscapes for major and small towns

– Sydney rail and Road connections

Eastern Darling Downs (Queensland) Toowoomba & Warwick Brisbane is only 1.5 hours from 2 hours away

Toowoomba is a major city and several smaller towns

– Rich agricultural region

Fly to Sydney, Melbourne, and Brisbane from a variety regional cities

Snowy Mountains (New South Wales). Jindabyne, Cooma About 1 to 2 Hours Drive from Canberra

Mountain and river activities

Lifestyle appeal, especially for those who love outdoor activities

Ski slope access

Launceston (Tasmania), Tamar Valley (Tasmania). Launceston. Longford. Westbury. Evandale. Georgetown. Beaconsfield. Exeter It takes approximately 2.5 hours to drive from Hobart

– Coastline and rivers and mountains, rolling hill, fertile land, wineries

– Strong heritage landscapes

Melbourne Airport: Regular and direct Air Connection

Barossa Valley (South Australia) Nuriootpa. Tanunda. Kapunda. Angaston Adelaide: 1-1.5 Hours

Heritage towns and rolling hills

Strong lifestyle appeal

– Gourmet products and wineries

– Relatively good road connections, no direct rail

Avon Valley (Western Australia) York, Northam and Toodyay Perth is approximately 1.5 hours drive away

– River valley and rolling hills

– Historical towns

Limited rail service but good road connections

Hunter Valley (New South Wales) Maitland, Cessnock, Kurri Kurri, Singleton, Muswellbrook, Scone, Only 35 minutes to an hour from Newcastle, and only 2-3 hours from Sydney

– Mountains, hills, rivers, wineries

– Main hub (Maitland), with a variety of smaller towns, and townships

Lifestyle Opportunities

Strong transport links, near Newcastle infrastructure

Upper Goulburn Valley (Victoria) Yea, Alexandra, Mansfield Melbourne: 1.5-2 Hours

– Rivers mountains lakes vineyards

– A variety of living options in rural and township settings

Strong lifestyle characteristics

*Chris McNeil, Demographer at Ethos Urban
This website is intended to provide general information only and not to be a source or financial advice. The information was not prepared with consideration of your personal financial goals, financial status, or needs. Before you act, make sure to evaluate the suitability and relevance of the information on this website in light your financial situation, objectives, needs, and goals.

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