Property market

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Property prices are weaker than they were a few years ago, but it’s not worrying locals who are keen to get on with their lives.

Take the capital city’s median house price of $1.65 million into regional NSW and your money can buy a lot more.

Property values went through a pandemic boom and bust, and while they’re not back to their peaks, they’re starting to pick up again.

Take the capital city’s median house price of just over $1 million into regional Victoria, and your money can buy a lot more.

In Brighton, a beach box could easily cost you $450,000. In Portsea, buyers pay up to $1 million. But elsewhere, they’re much cheaper.

Even locals are relocating along the coast for more affordable living and deeper community ties that the popular locale once had.

The property is changing hands for the first time in about 70 years, but another of the family’s homes could be yours for $100 million.

Day spas, sensory showers, electromagnetic fields, concealed cooktops, colour drenching and more are in hot demand.

For anyone watching homes in their area sell for millions, the budget considered achievable for an average household would be a big surprise.