Illawara joins Sydney in declining housing market: HTW house clock

Illawara joins Sydney in declining housing market: HTW house clock
Illawara joins Sydney in declining housing market: HTW house clock

The Illawara region has joined Sydney as the only declining housing markets in the country, according to valuation firm Herron Todd White.

Newcastle and Gippsland were approaching the peak of market last month, and HTW now suggest they are at the peak of the market.

Central Coast had peaked last month, and are now starting to decline.

There's little movement at the bottom of the market, where regulars Perth, Darwin, and Alice Springs remain unmoved. 

There is some good news in Western Australian. South West WA is starting to recover having been at the bottom of the market.

Click here to enlarge.

Illawara joins Sydney in declining housing market: HTW house clock

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Tags: 
Illawarra Htw

Comments

Be the first one to comment on this article
What would you like to say about this project?