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Herron Todd White - Property clock - July 2015
Herron Todd White (HTW), the largest independent property valuer in country released it's July 2015 property clock
Whilst other areas are in different cycle, 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,
In July 2015 HTW had this to say about Toowoomba
While there is general demand across the board for properties for sale below $500,000, it is predicted that the owner-occupier dominated suburbs such as East Toowoomba, Middle Ridge, Kearneys Spring, South Toowoomba, Mount Lofty, Darling Heights and Rangeville will record a more stable growth pattern than new investor driven developments across Toowoomba’s western suburbs.
Source: HTW Month in review July 2015
In June 2015 HTW had this to say about Toowoomba
... 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.
Source: HTW Month in review June 2015