Office market across NSW performing strongly while Melbourne remains at peak: HTW

Office market across NSW performing strongly while Melbourne remains at peak: HTW
Joel RobinsonDecember 7, 2020

The office market across New South Wales, including Sydney, is performing strongly, according to valuation firm Herron Todd White (HTW).

HTW have all eight New South Wales areas that they value at either approaching the top of the market or at the market peak.

Coffs Harbour, Dubbo, Lismore, Tamworth and South East NSW are all at the peak of the market, along with Melbourne who has been at its peak for the last 12 months.

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Office market across NSW performing strongly while Melbourne remains at peak: HTW

The last time HTW analysed the national office markets in August, Sydney's office market was rising.

Gold Coast had previously been at the peak of market, however their office market is now starting to decline having spent the last 12 months at the peak.

There is little change from October last year at the bottom of the market.

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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