Market Updates

CoreLogic’s preliminary commercial real estate auction results for the latest reporting period show there were 108 properties taken to auction of which 45 sold providing a clearance rate of 41.6%.

To the Gold Coast this week where an interesting property is being offered to the market by Colliers International Gold Coast and Black & Young Commercial. 64 Goodwin Terrace and 1823 Gold Coast Highway, Burleigh Heads are for sale together by expressions of interest closing April 30, 2019.

Situated in a prime Midtown location, 133 Mary Street, Brisbane, has sold for $96.5 million. The building was offered for sale by an expressions of interest campaign in August by Luke Billiau and Seb Turnbull of JLL Brisbane.

The latest research from Chatswood Cityscope shows that commercial property sales in the areas covered by it have significantly decreased in total sales value. For the quarter to March 2019 there were 17 sales at a total sales value of $28.2 million, compared to the 24 sales at a total value of $381.4 million...

The latest research from Christchurch Cityscope shows that commercial property sales’ value in Christchurch’s CBD have significantly decreased in the past three months.

The latest research from South Sydney Cityscope shows property sales for the quarter to March 2019 have decreased in terms of total value.

The latest research from Gold Coast Cityscope shows property sale numbers have remained steady in the past three months, although sales figures have dramatically increased. Sales recorded in the three months to mid March 2019 recorded 45 sales for a total of $214.8 million. Of this, $7.8 million was for...

While Dexus looks set to spend $1.3 billion on 80 Collins Street, Melbourne, less than a block away a slightly smaller property is available through Matthew Stagg and Daniel Wolman of Colliers International Melbourne.

After an interesting history with the building, the City of Sydney has finally purchased the historical Customs House at Circular Quay from the Federal Government.

The latest research from Canberra Cityscope shows property sales have increased in the past three months.

The latest research from Perth Cityscope shows although property sale numbers have remained steady, sale figures have significantly increased in the past three months due to three particularly large sales which together totalled over $600 million.

The last three months to the end of February 2019 recorded 10 sales for a total of over $55.7 million; with $45.5 million for commercial, $900,000 for commercial strata, $2.4 million for retail strata and $7 million for other.