Northern NSW unit markets rising: HTW National Property Clock

The unit markets in the northern areas of New South Wales are starting to rise, according to valuation firm Herron Todd White's latest National Property Clock.

The Ballina and Byron Bay area, as well as Lismore and Coffs Harbour (pictured above), are starting to see their unit market rise.

Ballina and Byron, as well as Lismore, had been approaching the bottom of the market last month, but have seen a quick turn around.

Coffs Harbour had been at the bottom of the market in August.

To enlarge, click here.

Closer to Sydney and Newcastle units joined Sydney as a declining market.

Melbourne's units were also categorized as a declining market.

Broome's unit market has bottomed, while South West WA has started its recovery.

Tasmania regions continue to go from strength to strength, with Burnie and Devenport, as well as Launceston, joining Hobart at the peak of the market.