Queensland regional markets at bottom of property cycle: Herron Todd White

Alistair WalshAugust 18, 2013

In Queensland nine of the 14 dominant regional property markets are at or near the bottom of the market according to Herron Todd White’s latest monthly report.

Just Emerald, Gladstone and Gold Coast are in a declining market.

All other regional housing markets in Queensland are between the start of a recovery and a rising market.

The trend applies to units and houses.

In its capital city analysis the Brisbane house and unit markets were at the start of a recovery.

Stage of property cycles in regional Queensland
RegionHousesUnits
CairnsBottom of marketBottom of market
TownsvilleBottom of marketBottom of market
WhitsundayBottom of market - rising marketBottom of market - rising market
MackayBottom of market - rising marketBottom of market - rising market
RockhamptonBottom of marketBottom of market
EmeraldDeclining marketDeclining market
GladstoneDeclining marketDeclining market
BundabergBottom of marketBottom of market
Hervey BayStart of recovery - bottom of marketBottom of market
Sunshine CoastBottom of marketBottom of market
BrisbaneStart of recoveryStart of recovery
GoldcoastDeclining marketDeclining market
IpswichBottom of marketBottom of market
ToowoombaStart of recovery - bottom of marketRising market
Source: Herron Todd White

Alistair Walsh

Deutsche Welle online reporter

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