No movement across Australia's industrial market in June: HTW Industrial Clock

No movement across Australia's industrial market in June: HTW Industrial Clock
No movement across Australia's industrial market in June: HTW Industrial Clock

There have been no major shifts in Australia's industrial property markets in the past month, according to valuation firm Herron Todd White's latest industrial property clock.

Four of the eight capital cities hold a positive position in their industrial property market.

Melbourne is the strongest as it holds the peak of market position, it is joined by Coffs Harbour.

Meanwhile, industrial space in Sydney and the Sunshine Coast is approaching peak of market.

Brisbane and Hobart are classed as rising markets.

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No movement across Australia's industrial market in June: HTW Industrial Clock

Adelaide, Perth, Canberra and Darwin were not given a position on the HTW Industrial Property Clock this month.

Cairns, Gladstone, Ipswich, Rockhampton, Toowoomba and Townsville all remain at the bottom of the market.

The central Coast and Newcastle industrial property markets are both still in the starting to decline position, according to HTW.

Other areas that are approaching the peak of market include Lismore, the Southern Highlands and the Souther Tablelands.

Echuca, Illawarra, Mildura and Geelong are classified as rising markets while Horsham and Mackay are still in the start of a recovery.

Tags: 
Industrial Market Herron Todd White

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