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Auction activity is slowly picking up, with 440 capital city homes taken to auction last week, up from 262 over the previous week. One year ago, 476 homes were taken to auction. 253 results have been collected so far, returning a preliminary

The Orica Building, ‘Australia’s first skyscraper’ at 1 Nicholson Street, East Melbourne has been sold for $155 million dollars. The Charter Hall Direct Office Fund (DOF) has sold the building to property developer, Harry Stamoulis with

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Capital City auction activity inches higher for the first week of spring

Being marketed as ‘An Iconic CBD Freehold Opportunity’, the Republic Hotel in the Sydney CBD at 69-73 Pitt Street has been placed on the market by Nick Lower and Nick Butler of Savills and Ben McDonald and James Barber of JLL.

Auction activity down week-on-week across combined capitals

Cityscope has been researching commercial property in the capital city CBD markets of Australia for nearly 50 years. In the past month, new sales transaction data has been released for the markets below.

The auction market ended the spring selling season with a whimper as the preliminary combined capitals clearance rate fell to 63.4%, on par with the first week of November as the lowest early clearance rate of the year so far.

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