Australian retail markets listed as most expensive in the world
CBRE’s quarterly survey which tracks the most expensive global retail markets has listed Sydney (above), Melbourne and Brisbane in the top 10 for Q1 2013. Ranked fifth, Sydney recorded prime retail rates at…
Brisbane off-the-plan apartment sales hit nine-year high: Place Advisory
The March 2013 quarter produced astounding results – Brisbane’s inner city recorded 625 unconditional off-the-plan sales totalling a gross sale amount of $324 million, the highest since the September 2004 quarter. We did…
VIDEO: Q1 2013 Market Pulse with Dr David Rees – Jones Lang LaSalle
In this Q1-2013 Market Pulse update with Jones Lang LaSalle’s Head of Research and Consulting, Australia Dr David Rees provides a 6 minute update on the state of commercial property markets around the country.
Colliers predict 2013 foreign investment expected to reach $18 billion
New research from Colliers International shows that offshore investors will spend an estimated $18 billion in Australia’s office, retail and industrial property sectors this year. According to Colliers, foreign investment has risen from…
Australian home prices fall in most capital cities
Home prices in Australian capital cities have eased after strong gains during the first few months of the year. Capital city home prices fell 0.5 per cent in April, following growth of 2.8…
Jakarta, Bangkok and Miami top global prime property growth
The average price of luxury homes in the world’s key cities fell by 0.4% in the first quarter of 2013, although the annual rate remained positive at 3.6%, according to Knight Frank’s Prime…
East Melbourne reaches record low office vacancy rates
East Melbourne has recorded the lowest office vacancy rate of any CBD and non-CBD market in Australia. According to the latest data from the Property Council of Australia (PCA), East Melbourne has a…
CBRE record positive growth for Australian residential market
After three years of declining growth, the latest Residential MarketView report from CBRE suggests that the Australia residential market is finally on the road to recovery. CBRE’s Regional Director of Residential Valuations, Tom…
VIDEO: Capital city dwellings rise by 2.8% over Q1 2013: RPData
RPData’s research guru Tim Lawless has released the Australian Housing Market Update for April 2013. Key points: - Capital city dwellings rise by 2.8% over the first three months of 2013 - …
Sydney CBD investment reaches all time high: Jones Lang LaSalle
Investment in the Sydney’s CBD - Australia’s largest commercial office market – reached an all time record of $4.29 billion in 2012, according to Jones Lang LaSalle‘s Sydney CBD Investment Market Review. The figure…
