Herron Todd White-September 2013 report
- Thread starter Ajax
- Start date
Hi china,
the monthly report is free. Go to
http://www.htw.com.au/Downloads.aspx
On Vaucluse units comment, I saw a similar thing happen with houses in Bondi Junction. The heat map for all surrounding suburbs was purple (median sale over $1.2m) yet Bondi Junction was red...median over $1m. The heat map now shows all purple. Bondi Junction house prices up 14% in 12 months.
http://www.homepriceguide.com.au/Re...n&LocationType=Suburb&State=NSW&SuburbId=5302
Here's the heat map for units in Vaucluse:-
http://www.homepriceguide.com.au/Re...&LocationType=Suburb&State=NSW&SuburbId=45282
If the house (or unit) is surrounded by suburbs with more expensive houses (or units) sale prices in the cheaper area have a habit of rising closer to neighbouring suburb prices.
I'd be watching houses in Surry Hills and Redfern which are only orange (median over $800k) and houses in Kingsford (red over $1m) as the next areas to rise in price.
Wollstonecraft in the north (houses) is another area that has lagged surrounding suburbs on the heat map.
the monthly report is free. Go to
http://www.htw.com.au/Downloads.aspx
On Vaucluse units comment, I saw a similar thing happen with houses in Bondi Junction. The heat map for all surrounding suburbs was purple (median sale over $1.2m) yet Bondi Junction was red...median over $1m. The heat map now shows all purple. Bondi Junction house prices up 14% in 12 months.
http://www.homepriceguide.com.au/Re...n&LocationType=Suburb&State=NSW&SuburbId=5302
Here's the heat map for units in Vaucluse:-
http://www.homepriceguide.com.au/Re...&LocationType=Suburb&State=NSW&SuburbId=45282
If the house (or unit) is surrounded by suburbs with more expensive houses (or units) sale prices in the cheaper area have a habit of rising closer to neighbouring suburb prices.
I'd be watching houses in Surry Hills and Redfern which are only orange (median over $800k) and houses in Kingsford (red over $1m) as the next areas to rise in price.
Wollstonecraft in the north (houses) is another area that has lagged surrounding suburbs on the heat map.
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