The Property Clock – April 2017
Herron Todd White is one of the largest independent property valuation and advisory groups in Australia and their regular property market reports are highly regarded by the industry.
For investors, first home buyers, or owners seeking the latest ‘insider’ opinion on the property market in their preferred suburbs, the Herron Todd White (HTW) monthly review is the go-to for this information.
For those interested in the NSW and ACT market, turn to page 25 of the April report to find out what areas are smoking hot and outperforming all others, and which ones may be smouldering just under the surface.
We all know about the huge price gains made by property in Sydney’s inner suburbs over the last few years, but the result of that has seen many outer suburbs such as St George and satellite regions, like Illawarra and Central Coast, demonstrate strong growth as buyers seek more affordable housing.
Canberra is not missing out on significant price growth either due to a limited supply of stock coming onto the market. Notably, houses are proving more popular than units. In fact, some recent house sales have broken Canberra auction records.
But house price growth is not limited to just in and around the capital cities. Most regions from the southern to the northern borders, especially along the coast, are experiencing good growth as well.
If you want to see for yourself how the HTW report rates your area’s market potential, you can download it here.
And if you’d like to discuss how I may be able to assist with financing you into a new property purchase, please feel free to give me a call.