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AAP
AAP
Business
Kat Wong

Australians move to regions seeking affordable housing

Australians are flocking to inland regions where house prices are now outpacing the capital cities. (Stuart Walmsley/AAP PHOTOS)

House prices in the regions are growing faster than the capitals as Australians abandon big cities in search of affordability.

In the three months to April, regional dwelling values increased by 3.3 per cent, outpacing the 1.1 per cent rise across Australia's capital cities, according to Cotality's Regional Market Update which was released on Wednesday.

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