House prices have jumped in almost every corner of regional NSW over the past year, buoyed by locals, tree-changers and investors armed with interest rate cuts.

The price of a typical house in regional NSW rose 3.1 per cent in the three months to September, reaching a record $825,000, the latest Domain House Price Report shows. It was the fastest rise in three-and-a-half years.

That was an increase of 8.7 per cent, or $66,000, over the past 12 months.

Prices in several council areas rose faster, led by parts of northern NSW.

Ballina shire’s median house price soared 17.7 per cent in a year to push the coastal pocket to $1.13 million.

Lismore rose 15.8 per cent to a median $660,000 as the city recovers from the 2022 floods and some homes are refurbished.

The New England region recorde

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