Regional markets have been the best performers on capital growth over the past five years, outperforming the capital cities.

This is another strong piece of evidence which refutes one of those persistent misconceptions that many Australians cling to – that you have to buy in the biggest cities to get the best capital growth.

 For many years, it’s become common to see regional markets recording the biggest increases in prices, both in the short-term and over the longer term.

And this has been confirmed by new figures from PropTrack, the research arm of realestate.com.au, which examined which locations had recorded the best growth over the past five years.

It shows that 18 of the top 20 performers (the top 10 for houses and the top 10 for units) are regional locations.