News NSW Investors advised Albury one of five regional NSW markets at bottom of property cycle: Herron Todd White
Investors advised Albury one of five regional NSW markets at bottom of property cycle: Herron Todd White
Alistair WalshDecember 7, 2020
Albury is one of the five NSW regional housing markets still at the bottom of the property cycle, according to Herron Todd White’s latest monthly report.
The four other regional locations at the bottom of the cycle are – Central Coast, Tweed Coast, Wollongong and Coffs Harbour.
Wagga Wagga and Canberra/Queanbeyan are listed as the areas in a declining market.
Orange and Tamworth are both at the peak of their cycle for houses and units.
For units, Griffith is at the start of recovery as well as Newcastle.
The house and unit markets in Sydney were considered to be rising.
| Stage of property cycles in regional NSW | ||
| Region | Houses | Units |
| Albury | Bottom of market | Bottom of market |
| Bathurst | Rising market | Rising market |
| Canberra/Queanbeyan | Declining market | Declining market |
| Central Coast | Bottom of market | Rising market |
| Dubbo | Rising market | Bottom of market |
| Griffith | Start of recovery | Start of recovery |
| Mudgee | Rising market | Rising market |
| Newcastle | Start of recovery | Start of recovery |
| Orange | Peak of market | Peak of market |
| Sydney | Rising market | Rising market |
| Tamworth | Peak of market | Peak of market |
| Tweed Coast | Bottom of market | Bottom of market |
| Wagga Wagga | Declining market | Declining market |
| Wollongong | Bottom of market - rising market | Bottom of market - rising market |
| Coffs Harbour | Bottom of market | Bottom of market |
Source: Herron Todd White
Alistair Walsh
Deutsche Welle online reporter