Archive | July, 2016

Commercial Market Update – Melbourne Cityscope

The latest research from Melbourne Cityscope shows that commercial property sales have decreased in the past three months. Sales recorded in the quarter ending June 2016 totalled $507.4 million, a decrease from the $800.9 million in sales recorded in the three months to March 2016 and the $941.4 million recorded in the three months to December […]

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Wellington Cityscope Quarterly Sales

Commercial Market Update – Wellington Cityscope

The latest research from Wellington Cityscope shows that commercial property sales in Wellington’s CBD have declined in the last quarter. In the three months to July 2016, there were 9 sales at a total value of $40 million, compared to 18 sales at a total value of $125.4 million in the previous quarter, and 25 sales […]

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Parramatta Cityscope Quarterly Sales

Commercial Market Update – Parramatta Cityscope

The latest research from Parramatta Cityscope shows sales have increased in the quarter to June 2016. In the latest quarter there were 26 sales at a total value of $137 million, compared to the 20 sales at a total value of $65.8 million for the quarter to March 2016. This brings the 12-month data to […]

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CoreLogic National Auction Preview, week ending 10 July 2016

Upcoming auctions: There will be more auction activity across the capital cities this week, with auction volumes currently sitting at 1,328 across the combined capitals. Although the number of auctions has increased following the quieter Federal Election week, there are still far fewer auctions than the 1,704 held at the same time last year. Compared […]

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Dwelling approvals drop in May 2016, a year after they hit a record high

Building approvals data for May 2016 was released earlier this week by the Australian Bureau of Statistics (ABS).  According to the data there were 19,276 dwellings approved for construction over the month. The 19,276 approvals in May 2016 the lowest number of monthly approvals in four months.  Despite a monthly fall in approvals, they remain […]

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Auction markets slow in the wake of the Federal Election with only 811 capital city auctions

70.7 per cent of capital city auctions were successful this week, according to preliminary results. This week’s result indicates an upwards shift in the auction clearance rate from last week, when 66.4 per cent of auctions were successful and is also higher than the clearance rate recorded over the first month of winter 2016 (67.1 […]

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Gold Coast Cityscope Quarterly Sales

Commercial Market Update – Gold Coast Cityscope

The latest research from Gold Coast Cityscope shows property sale figures have increased in the past three months. Sales recorded in the three months to June 2016 recorded 54 sales for a total of $198.6 million. Of this, $6.9 million was for commercial, $11.8 million was for commercial strata, $9.3 million was for retail, $15.2 […]

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Commercial Auction Results – Week ending 24 June 2016

Over the week ending 24 June, 54 commercial auction results were reported with exactly half of these selling. The 50 per cent clearance rate is a slight increase on a week-on-week basis, up from 48.1 per cent over the previous week across 52 reported auctions. In comparison, one year ago, there were 133 auctions reported […]

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Christchurch Cityscope Quarterly Sales

Commercial Market Update – Christchurch Cityscope

The latest research from Christchurch Cityscope shows that commercial sales activity has decreased in the past three months.  Sales recorded in the three months to June 2016 totalled $16.3 million, a decrease from the quarter ending March 2016 when sales totalled $51.1 million and from the quarter ending December 2015 when sales totalled $26.8 million. The […]

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