Investors advised Alice Springs house market is in decline, but units are rising: Herron Todd White

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
Source: Herron Todd White

Alistair Walsh

Alistair Walsh

Deutsche Welle online reporter

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