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
Joel RobinsonSeptember 2, 2018

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.

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.

Editor's Picks

First look: Surfers Paradise riverfront set for more new apartments
Capio to bring family-friendly, parkside living to Carlingford
The Melbourne suburbs that will see the biggest uplift in apartment values after interest rate cuts
The Sydney suburbs that will see the biggest uplift in apartment values after interest rate cuts
ANGLE secures new Camberwell apartment project