No changes in office property market clock: May HTW clock

There are no suburbs that are at the peak of the market for the office market, according to Herron Todd White’s latest report.

The property valuation firm says that this shows that there has been no change in the office market since last month.

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Melbourne and Coffs Harbour continues to be approaching the peak of its market with Adelaide, Darwin, South East NSW, Townsville and Wide Bay at the bottom of the market.

Meanwhile Alice Springs, Gippsland, Newcastle and Toowoomba’s office market is starting to decline.

Last month Property Observer reported on the office market and that several suburbs are on the way to the top.