Australia’s regional house prices have grown by nearly 30 per cent in the year to September, according to realestate.com.au’s John Healy.

“Their fastest rate in almost three decades,” Mr Healy told Sky News Australia.

“That’s been driven largely by many regional areas around the country seeing buyer demand more than doubling in that time period.

“While the supply of properties for sale have hovered around record lows.”

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