Up, up, up: New data highlights property prices will continue to rise

Echuca’s median house price is tipped to climb by 67 per cent in the next five years from its current figure of $560,000 to $936,000.

Echuca is ranked 78th on the index of regional Victorian locations.

Top of the pops is Bright, which is expected to see its current median price rise by a staggering 184 per cent in the next figure years.

Venus Bay (131 per cent), Anglesea (129 per cent), Orbost (120 per cent), Terang (120 per cent), Trentham (114 per cent), Churchill (109 per cent), Casterton (102 per cent), St Arnaud (102 per cent), Cape Woolamai (101 per cent) and Heyfield (101 per cent) are tipped to see median house prices double until 2028.

Rochester is ranked 36th in regional Victoria, with the current median price of $425,000 predicted to climb to a median of $785,000 in 2028, an increase of 85 per cent.

Moama’s median house price has been forecast to climb 59 per cent to 2028.

The current median house price in Moama is $620,000, a figure that is predicted to hit $983,000 in 2028.

Despite the sharp rise, Moama is ranked 166th on the regional NSW index.

Thirteen locations across regional NSW are expected to see their median house prices double in 2028.

The list is headed by Berridale and Harden (118 per cent), and includes Bermagui (112 per cent), Tocumwal (112 per cent), Grenfell (107 per cent) and Holbrook (106 per cent).

Cohuna is also set to welcome a 65 per cent increase from $310,000 to $513,000 by 2028, while Barham ($430,000 to $706,000) represents a rise of 64 per cent.

Not one Victorian location surveyed will see prices drop in the next five years, while regional NSW had just one suburb in North Wollongong (tipped to drop by 10 per cent).

Similar to regional Victoria, regional Tasmania is tipped to boom.

Regional Queensland had just three locations expected to drop in median price, regional South Australia one and regional Western Australia one.