HTW property clock June 2015

Herron Todd White (HTW), the largest independent property valuer in country released it's June 2015 property clock

Whilst other areas are in different cylce, leading the rising markets are Bendigo, Brisbane, Cairns, Canberra, Central Coats, Coffs Harbour, Echuca, Gold Coast, Ipswich, La Trobe Valley, Melbourne, Mudgee, Sunshine Coast, Tamworth, Toowoomba, Warrnambool & Wollongong,

Source:  HTW Monthin review June 2015
... low interest rates and the robust nature of the Toowoomba market have enabled momentum to remain stable in other sectors and land values continue to rise as demand outweighs supply.

As for sales, while there is a firming consumer sentiment as asking prices across all property types continue to rise, it is the sub $450,000 price bracket that is likely to remain the most popular due to its affordability and proven broad market appeal.

Across the board, the Toowoomba residential market has performed in line with expectations and thanks to low interest rates, this period of upswing looks likely to continue into the second half of 2015.