Thursday 05 Oct 2017
Sydney remains perched at the top of the housing cycle, according to the October residential property clock by property valuation firm Herron Todd White.
The top has a new entrant as well, Griffith. The rest — Coffs Harbour, Newcastle and NSW Central Coast — stay put.
There are no changes from September at the bottom of the market or the group of cities and regions approaching the peak, which includes Melbourne. Perth and Darwin are the two capital cities that remain at the bottom of the market.
Interestingly, there are no candidates in the starting to decline phase, while the declining market of the clock has only one Latrobe. Both were empty in September.