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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 – Office<br />

SA, NT and WA Property Market <strong>In</strong>dicators – Office<br />

Factor<br />

Rental Vacancy Situation<br />

Adelaide<br />

Over-supply of<br />

available<br />

property relative<br />

to demand<br />

Adelaide<br />

Hills<br />

Over-supply of<br />

available<br />

property relative<br />

to demand<br />

Barossa Valley Iron Triangle Riverland Alice Springs Darwin<br />

Over-supply of<br />

available property<br />

relative to demand<br />

Over-supply of<br />

available<br />

property<br />

relative to<br />

demand<br />

Large oversupply<br />

of<br />

available<br />

property relative<br />

to demand<br />

Over-supply of<br />

available<br />

property relative<br />

to demand<br />

Over-supply<br />

of available<br />

property<br />

relative to<br />

demand<br />

South West<br />

WA<br />

Over-supply of<br />

available<br />

property relative<br />

to demand<br />

Perth<br />

Large over-supply<br />

of available<br />

property relative to<br />

demand<br />

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

Rental Rate Trend Stable Stable Stable Stable Stable Declining Declining Declining Declining<br />

Volume of Property Sales Steady Steady Steady Steady Steady Steady Steady Declining Declining<br />

Stage of Property Cycle<br />

Bottom of<br />

market<br />

Bottom of<br />

market<br />

Bottom of market<br />

Bottom of<br />

market<br />

Bottom of<br />

market<br />

Declining<br />

market<br />

Declining<br />

market<br />

Declining<br />

market<br />

Bottom of market<br />

Local Economic Situation Contraction Contraction Contraction Contraction Flat Flat Flat Flat Contraction<br />

Value Difference between Quality Properties<br />

with National Tenants, and Comparable<br />

Properties with Local Tenants<br />

Large Large Large Large Large Small Small Nil Large<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 />

Market<br />

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

1<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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