July 15, 2024 by ian Winn

Herron Todd White produces a national "property clock". The clock depicys which market they think each region is operating in, somehwre between the peak and the bottom of the market.
Shown directly below is the most recent clock, June 2024 and further down is December 2023.....it is intersting to see the changes in the last 6 months.
Central Coast has improved from "approaching bottom of the market" to "start of recovery"
Newcastle has changed from "peak of the market" to "start of recovery", which means it probably just paused its growth in the first half of 2024.
Sydney has been in a "rising" market for at least the last 6 months.