Brisbane upward cycle really just beginning – HTW
With Herron Todd White (HTW) releasing their June 2016 property clock it is easy to see why the south are flocking north for investments.
According to the latest property clock released by valuation firm Herron Todd White (HTW) it looks as though Brisbane still has a long way to go before it slows down. The clock puts Brisbane in its “recovery” stage of its cycle meaning that it is really just starting out along its growth line.
In the property clock you can see that Melbourne houses have now reached the expected market peak and will now move into decline. The Sydney market is starting to decline and joins Perth which has been in decline for some time now.
While these “clocks” are not always 100% accurate they are good indicators of the market. If you are an investor learning how to invest and trying to look at market trends these indicators should be taken note of. Although property is a long term investment, it is nice to be able to get some capital growth from your investment immediately so that that equity growth can then be used to get you into your next investment.
As the Melbourne and Sydney markets hit record prices and Perth declines in value, there doesn’t leave much room to grow. This means there could be a serious wait in those markets before growth is achieved. Therefore, savvy investors start to look elsewhere such as Brisbane.
If you would like to know more about the changing markets please feel free to call or email us today.
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