Investors advised Alice Springs house market is in decline, but units are rising: Herron Todd White

Alistair WalshDecember 7, 2020

All dominant regional property markets in South Australia are at the bottom of the house and unit property cycle according to Herron Todd White’s latest monthly report.

Southwest WA is at the start of a recovery while Alice Springs houses is in a declining market. Units in Alice springs though are a rising market.

In its capital city analysis Adelaide is at the Bottom of the cycle, Perth is at the peak and Darwin is rising.

Stage of property cycles in regional VIC/TAS
RegionHousesUnits
AdelaideBottom of marketBottom of market
Adelaide hillsBottom of marketBottom of market
Barossa ValleyBottom of marketBottom of market
Iron TriangleBottom of marketBottom of market
Mount GambierBottom of marketBottom of market
RiverlandBottom of marketBottom of market
Alice SpringsDeclining marketRising market
DarwinRising marketRising market
Southwest WAStart of recoveryStart of recovery
PerthPeak of marketPeak of market
Source: Herron Todd White

Alistair Walsh

Deutsche Welle online reporter

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