Expert insights Investing Melbourne stays at top of market for units, Sydney in decline while Bendigo slips dramatically: HTW clock
Melbourne stays at top of market for units, Sydney in decline while Bendigo slips dramatically: HTW clock
Staff ReporterOctober 11, 2017
The peak of the market cycle for units remained unchanged in October, with Melbourne still at the top along with Coffs Harbour, Gold Coast, Newcastle and NSW Central Coast, according to property valuation firm Herron Todd White.
Sydney remains at the starting to decline position for unit prices.
There were few changes from September, with Bathurst and Orange moving a notch up to a rising market from their start of recovery in the previous month.
Whitsundays has gone from being at the bottom of the market cycle to start of recovery in the clock, according to HTW.
The biggest change, however, was Bendigo which dramatically slipped to approaching the bottom of the market from its rising market position in September.
