Investors advised Albury one of five regional NSW markets at bottom of property cycle: Herron Todd White

Alistair WalshDecember 7, 2020

Albury is one of the five NSW regional housing markets still at the bottom of the property cycle, according to Herron Todd White’s latest monthly report.

The four other regional locations at the bottom of the cycle are – Central Coast, Tweed Coast, Wollongong and Coffs Harbour.

Wagga Wagga and Canberra/Queanbeyan are listed as the areas in a declining market.

Orange and Tamworth are both at the peak of their cycle for houses and units.

For units, Griffith is at the start of recovery as well as Newcastle.

The house and unit markets in Sydney were considered to be rising.

Stage of property cycles in regional NSW
RegionHousesUnits
AlburyBottom of marketBottom of market
BathurstRising marketRising market
Canberra/QueanbeyanDeclining marketDeclining market
Central CoastBottom of marketRising market
DubboRising marketBottom of market
GriffithStart of recoveryStart of recovery
MudgeeRising marketRising market
NewcastleStart of recoveryStart of recovery
OrangePeak of marketPeak of market
SydneyRising marketRising market
TamworthPeak of marketPeak of market
Tweed CoastBottom of marketBottom of market
Wagga WaggaDeclining marketDeclining market
WollongongBottom of market - rising marketBottom of market - rising market
Coffs HarbourBottom of marketBottom of market

 

Source: Herron Todd White

Alistair Walsh

Deutsche Welle online reporter

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