Mildura and Shepparton among the half of regional Victorian property markets at bottom of price cycle: HTW

Alistair WalshAugust 18, 2013

In Victoria, five of the 9 dominant regional property markets are at the bottom of the property cycle, according to Herron Todd White’s latest monthly report.

They include Mildura and Shepparton.

Bendigo and Echuca are in a rising market while Melbourne is at the start of a recovery.

For units Echuca is at the start of a recovery while most others are the bottom of the market.

In the capital city analysis Melbourne was between the bottom of the market and a recovery while Hobart was in a declining market.

All regions in Tasmania are in a declining market.

Stage of property cycles in regional VIC/TAS
RegionHousesUnits
BendigoRising marketRising market
EchucaRising marketStart of recovery
BallaratBottom of marketBottom of market
GippslandBottom of marketBottom of market
MelbourneStart of recoveryStart of recovery - bottom of market
MilduraBottom of marketBottom of market
SheppartonDeclining marketBottom of market
Latrobe ValleyBottom of marketBottom of market
WodongaBottom of marketBottom of market
Burnle/DavenportDeclining marketDeclining market
HobartDeclining marketDeclining market
LauncestonDeclining marketDeclining market
Source: Herron Todd White

Alistair Walsh

Deutsche Welle online reporter

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