Month-In-Review-March-2015
Month-In-Review-March-2015
Month-In-Review-March-2015
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<strong>Month</strong> in <strong>Review</strong><br />
<strong>March</strong> <strong>2015</strong><br />
Victoria/Tasmania Property Market <strong>In</strong>dicators – Houses<br />
Victorian and Tasmanian Property Market <strong>In</strong>dicators – Houses<br />
Factor Bendigo Echuca Horsham Gippsland Melbourne Mildura Shepparton<br />
Rental Vacancy Situation<br />
Shortage of<br />
available<br />
property<br />
relative to<br />
demand<br />
Shortage<br />
of<br />
available<br />
property<br />
relative to<br />
demand<br />
Balanced<br />
market<br />
Shortage of<br />
available<br />
property<br />
relative to<br />
demand<br />
Balanced<br />
market<br />
Balanced<br />
market<br />
Balanced<br />
market<br />
Latrobe<br />
Valley<br />
Shortage<br />
of<br />
available<br />
property<br />
relative to<br />
demand<br />
Rental Vacancy Trend Steady Steady Steady Tightening Tightening Steady Steady Tightenin<br />
g<br />
Warrnam<br />
bool<br />
Balanced<br />
market<br />
Burnie /<br />
Davenport Hobart Launceston<br />
Balanced<br />
market<br />
Balanced<br />
market<br />
Balanced<br />
market<br />
Steady Steady Steady Steady<br />
Demand for New Houses Strong Fair Fair Fair Strong Fair Strong Fair Strong Strong Strong Strong<br />
Trend in New House Construction <strong>In</strong>creasing Steady Steady <strong>In</strong>creasing Steady -<br />
<strong>In</strong>creasing<br />
Steady <strong>In</strong>creasing <strong>In</strong>creasing <strong>In</strong>creasing Steady Steady Steady<br />
Volume of House Sales <strong>In</strong>creasing Steady Steady <strong>In</strong>creasing <strong>In</strong>creasing<br />
strongly -<br />
<strong>In</strong>creasing<br />
<strong>In</strong>creasin<br />
g<br />
Steady <strong>In</strong>creasing Steady <strong>In</strong>creasing <strong>In</strong>creasin<br />
g<br />
<strong>In</strong>creasing<br />
Stage of Property Cycle<br />
Rising<br />
market<br />
Rising<br />
market<br />
Peak of<br />
market<br />
Rising market Rising market Start of<br />
recovery<br />
Bottom of<br />
market<br />
Rising<br />
market<br />
Rising<br />
market<br />
Start of<br />
recovery<br />
Start of<br />
recovery<br />
Start of recovery<br />
Are New Properties Sold at Prices Exceeding<br />
Their Potential Resale Value<br />
Occasionally Occasionally<br />
Occasionally<br />
Occasionally<br />
Occasionally<br />
Occasionally Occasionally Occasionally<br />
Occasionally<br />
Occasionally<br />
Occasionally<br />
Occasionally<br />
Red entries indicate change from previous month to a higher risk-rating<br />
Blue entries indicate change from previous month to a lower risk-rating<br />
1<br />
Market<br />
<strong>In</strong>dicators<br />
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