King Creek, NSW, one of 170 regional property markets to record median price above $1 million
When Nick Slater started selling houses in King Creek on the NSW Mid North Coast a decade ago, a seven-figure price tag was "unthinkable".
Now, he says, it is the new norm.
"Around five years ago in the King Creek market, we would have seen the first property exceed a million dollars," Mr Slater said.
"Then gradually, we started seeing the first properties sell for over two million.
The semi-rural area saw the median value of homes sold jump by $425,000 in the year to May, according to the latest data from CoreLogic.
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