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These two charts show you whether your property is growing or falling in value

Image: Getty
Image: Getty

Sydney and Melbourne are on a downward slope, but that doesn’t mean every other region is following.

In fact, if you’re a house-owner in Adelaide, you’re in a rising market and if you’re an apartment-owner in Albury your market is approaching its peak.

When it comes to houses, there are actually 26 different markets which are either beginning their recovery, rising or approaching their peak, the November data from property valuation company, Herron Todd White revealed.

Markets in green have changed position since the last month. Information source: Herron Todd White
Markets in green have changed position since the last month. Information source: Herron Todd White

For units, there are 18 different markets where the property market is either improving, rising or approaching its peak.

Markets in purple have changed position since the last month. Information source: Herron Todd White
Markets in purple have changed position since the last month. Information source: Herron Todd White

These figures are based on markets’ rental vacancy trends and levels, demand for new houses and construction trends, as well as the volume of house sales.

Also read: Apartments prices set to plummet another 8 per cent

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