Brisbane and Melbourne retail markets are peaking: HTW Retail Clock

Three of the eight capital cities are now at the top of the retail market, with Melbourne and Brisbane joining Canberra, according to valuation firm Herron Todd White's (HTW) latest retail property clock.

The Central Coast, Gold Coast, Ipswich and Coffs Harbour also moved to the peak of market position.

Sydney remained at the approaching peak of market position this month, while Ballarat, Bendigo, Burnie-Devonport and Launceston are holding as rising markets.

Mackay joined Adelaide, among others, beginning their retail market recovery.

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Geelong and Illawarra remain at the start of their decline.

There's not great news for Ballina, Newcastle, Lismore and Toowoomba, which are now declining markets, joining Echuca and Gippsland.

Hobart's retail market is still nearing the bottom of the market, as is Gladstone, South West WA and now Rockhampton.

Alice Springs joined Perth, Darwin, Cairns, Townsville, Wide Bay, and Emerald at the bottom of the market.