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Month-In-Review-March-2015

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<strong>Month</strong> in <strong>Review</strong><br />

<strong>March</strong> <strong>2015</strong><br />

Northern Territory, South Australia & Western Australia Property Market <strong>In</strong>dicators – Units<br />

SA, NT and WA Property Market <strong>In</strong>dicators - Units<br />

Factor Adelaide Adelaide Hills<br />

Rental Vacancy Situation<br />

Balanced<br />

market<br />

Balanced market<br />

Barossa<br />

Valley<br />

Balanced<br />

market<br />

Iron Triangle<br />

Balanced<br />

market<br />

Mount<br />

Gambier<br />

Balanced<br />

market<br />

Riverland Alice Springs Darwin<br />

Shortage of<br />

available<br />

property relative<br />

to demand<br />

Balanced market<br />

Balanced<br />

market<br />

South West<br />

WA<br />

Balanced<br />

market<br />

Perth<br />

Over-supply of<br />

available property<br />

relative to<br />

demand<br />

Rental Vacancy Trend Steady Steady Steady Steady Steady Tightening <strong>In</strong>creasing <strong>In</strong>creasing Steady <strong>In</strong>creasing<br />

Demand for New Units Soft Soft Soft Soft Soft Soft Fair Fair Strong Soft<br />

Trend in New Unit Construction Steady Steady Steady Steady Declining Steady Steady Steady Steady Declining<br />

Volume of Unit Sales Steady Steady Steady Steady Steady Steady Steady Steady Steady Steady<br />

Stage of Property Cycle<br />

Start of<br />

recovery<br />

Start of recovery<br />

Start of<br />

recovery<br />

Start of<br />

recovery<br />

Bottom of<br />

market<br />

Bottom of<br />

market<br />

Peak of market Peak of market Peak of<br />

market<br />

Peak of market<br />

Are New Properties Sold at Prices Exceeding<br />

Their Potential Resale Value<br />

Occasionally Occasionally Occasionally<br />

Occasionally Almost never Almost never Occasionally Occasionally Almost never Almost never<br />

Red entries indicate change from 3 months ago to a higher risk-rating<br />

Blue entries indicate change from 3 months ago to a lower risk-rating<br />

1<br />

Market<br />

<strong>In</strong>dicators<br />

No responsibility is accepted to any third party that may use or rely on the whole or any part of the content of this publication.<br />

© Herron Todd White Copyright 2013

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