Central Coast markets starts to decline as Newcastle heats up: HTW unit clock

Central Coast markets starts to decline as Newcastle heats up: HTW unit clock
Central Coast markets starts to decline as Newcastle heats up: HTW unit clock

The apartment market in the Central Coast of New South Wales is starting to decline, according to valuation firm Herron Todd White.

In its August property clock, HTW suggested the Central Coast apartments were at the peak of the market. Now they're starting to decline (below).

Nearby, Newcastle apartments are performing strongly. They're at the peak of the market, along with Coffs Harbour and New South Wales' Mid North Coast.

Melbourne and Canberra units are also at the peak of the market.

There's continued bad news for Sydney, Brisbane and Perth, who remain in a declining market.

This month they were joined by Illawarra and Lismore. 

Click here to enlarge.

Central Coast markets starts to decline as Newcastle heats up: HTW unit 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.

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Newcastle Htw

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