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AAP
AAP
Business
Stephanie Gardiner

Regional housing market booms, outpacing capital cities

Australia Gerard Burg Cotality New South Wales
Research shows the regional property market is surging, outpacing the capital cities. (Stephanie Gardiner/AAP PHOTOS)

With the prospect of paying at least $1 million for a home in many of Australia's capital cities, buyers are once again looking to escape to the country.

The regional property market surged in the three months to January, outpacing the capitals, according to figures from data firm Cotality released on Wednesday.

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