NSW coastlines at peak of market, while Sydney and Canberra start to decline: HTW property clock
Houses in the NSW Central Coast, Coffs Harbour, NSW Mid North Coast, Newcastle and South East NSW are all currently at the peak of the market, according to valuation firm Herron Todd White.
They were the same five localities which were at the peak of the market in Herron Todd White's December property clock (bottom).
The clock hasn't changed too much since December, although Canberra's houses have now joined Sydney in the decline.
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Melbourne, the Gold Coast and the Sunshine Coast are still approaching the peak of the market, while the likes of Perth and Darwin remain at the bottom of the market along with some regions in Queensland.
Houses in Brisbane, Adelaide and Hobart are still considered a rising market, however that's where Herron Todd White had Canberra at the end of last year.
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