Four capital city unit markets kick off 2018 in decline: HTW property clock

Four capital city unit markets kick off 2018 in decline: HTW property clock
Staff reporterDecember 7, 2020

Four capital city unit markets kick off 2018 in decline, according to the latest HTW property clock.

Sydney is in decline. Brisbane, Canberra and Perth are described as declining markets. 

The latest property clock is not too different than September when the Melbourne apartment market was still at its peak, according to Herron Todd White’s latest report.

Melbourne is the only major capital city at its peak, which has got busier.

The peak last September consisted of the NSW Central Coast, Coffs Harbour, Gold Coast and Newcastle. The February clock adds the Gold Coast, the NSW mid North Coast and the south east NSW as also at the peak in the market.

September Property Clock (below) 

Click to enlarge

Four capital city unit markets kick off 2018 in decline: HTW property clock

 

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