Archive | August, 2015

201508 capital city

New listings across the capital cities push total stock levels slightly higher than one year ago

Relative to last year, total listings across both the combined capital cities and at a national level are similar, with the combined capital city total stock available for sale virtually level with last year at a nominal 0.5 per cent higher, while nationally, stock levels are -1.3 per cent lower. At an aggregate level, the […]

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20150831 Brisbane

Final week of winter returns high auction volumes and a strong clearance rate

For the last week of winter, the preliminary auction clearance rate was 75.4 per cent, with 2,583 auctions held across Australia’s capital cities. So far, 2,109 results have been reported to CoreLogic RP Data. This week’s preliminary clearance rate is higher than last week’s result of 72.9 per cent and is likely to revise as […]

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2015_08_21_Auction_Table

Commercial Auction Results – Week ending 21 August 2015

For the week ending 21 August 2015, 33 commercial auctions were reported with a preliminary clearance rate of 51.5 per cent, compared to a higher result over the previous week, when 66.1 per cent of the 56 reported auctions were sold. When compared to last year, current conditions across the commercial auction market are slightly […]

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News of the Week

Sale of two towers reflects healthy Sydney market

A leading Australian real estate investment group has added yet another lower north shore commercial investment to their books with the purchase of  Tower A and B at 207 Pacific Highway, St Leonards. In a sale arranged by Josh Cullen and Richard Butler of CBRE and Tyler Talbot of Knight Frank North Sydney, Altis Property Partners has […]

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Macquarie Park Cityscope Quarterly Sales graph

Commercial Market Update – Macquarie Park Cityscope

The latest research from Macquarie Park Cityscope shows property sales have increased in the past three months. Sales recorded in the quarter ending August 2015 totalled $137.1 million, an increase from the $132 million recorded in the three months to May 2015, and an increase on the $63.6 million recorded to February 2015. This data brings the […]

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Sydney Cityscope Quarterly Sales

Commercial Market Update – Sydney Cityscope

The latest research from Sydney Cityscope shows Sydney CBD commercial property sales for the three months to August 2015 have increased substantially in value from the preceding quarter. There were 89 sales recorded for the most recent quarter, compared to 99 for the three months to May 2015. However, the total value of this quarter’s sales […]

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AuctionPreview04

Auction volumes set to reach new record highs over winter 2015

CoreLogic RP Data National Auction Preview, week ending 30 August 2015 The combined capital city weighted average clearance rate fell to 72.9 per cent last week, down from 74.6 per cent the previous week, while auction volumes rose from 2,118 to 2,248. Over the current week, CoreLogic RP Data is tracking 2,639 scheduled auctions, which […]

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20150824 Sydney

Melbourne’s lowest clearance rate since February

The preliminary auction clearance rate across the combined capital cities was 74.1 per cent this week, across 1,784 reported results. There were a total of 2,192 auctions held across Australia’s capitals this week, up from 2,118 last week. This week’s preliminary clearance rate remained relatively steady over a week on week basis (74.6 per cent) […]

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Source: Nine Network

Channel Nine wins in sale of the century

In a sale that ushers in the end of an era that began on September 16, 1956, Channel Nine has sold its Willoughby studio for $147.5 million. Nine Entertainment Co, the parent company of Nine, is a publicly listed Australian media and entertainment company. The sale was arranged by CBRE’s Matt Ramsay, Scott Gray-Spencer and […]

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Burke Road Cityscope Quarterly Sales graph

Commercial Market Update – Burke Road Cityscope

The latest research from Burke Road Cityscope shows property sales for the three months ending August 2015 have increased from the preceding quarter. There were 3 sales recorded from the most recent quarter with a total value of $22.8 million, as compared to 9 sales for a total of $13.2 million for the quarter ending May […]

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