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 | ||
Region | Houses | Units |
Adelaide | Bottom of market | Bottom of market |
Adelaide hills | Bottom of market | Bottom of market |
Barossa Valley | Bottom of market | Bottom of market |
Iron Triangle | Bottom of market | Bottom of market |
Mount Gambier | Bottom of market | Bottom of market |
Riverland | Bottom of market | Bottom of market |
Alice Springs | Declining market | Rising market |
Darwin | Rising market | Rising market |
Southwest WA | Start of recovery | Start of recovery |
Perth | Peak of market | Peak of market |
Alistair Walsh
Deutsche Welle online reporter