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2017_03_17_Auction_Graph

Commercial Auction Results – Week ending 17 March 2017

CoreLogic collected five results for the week ending the 17th of March, with all properties selling at auction. All results collected were in NSW, and had a combined sales value of $29.7 million. All but one of the sales was in retail. All but one of the sales was located in the Sydney metropolitan area, with […]

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Commercial Market Update – Christchurch Cityscope

The latest research from Christchurch Cityscope shows that commercial property sales in Christchurch’s CBD have decreased in the past three months. For the three months to March 2017 there were 6 sales at a total value of $62.6 million, compared to 15 sales at a total value of $72.6 million for the previous quarter. The […]

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Commercial Market Update – South Sydney Cityscope

The latest research from South Sydney Cityscope shows property sales for the quarter to March 2017 have decreased in terms of total value. Sales recorded in the most recent quarter totalled $279.1 million from 53 sales, as compared to the $419.1 million from 50 sales in the quarter to December 2016 and down from the […]

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2017_03_10_Auction_Table

Commercial Auction Results – Week ending 10 March 2017

CoreLogic captured eight commercial auction results in the week ending the 10th of March. These preliminary auction results show a 100% clearance rate and a combined sales volume of $13 million. The highest value result was a $2 million factory office and unit in Yennora, NSW. Of the properties sold, 4 were located in NSW, with […]

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Source: CoreLogic

This unlucky Irish pub signals trouble for Melbourne

The Corkman Irish Pub was built in 1857. Located 2km north of the Melbourne CBD, and opposite the Law Building of Melbourne University, it was favoured by local students. The property sold in 2014 for $4.8 million with a net income of $82,000 a year. The income was surprisingly low given the sale terms of […]

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Commercial Market Update – Canberra Cityscope

The latest research from Canberra Cityscope shows property sales have increased significantly in the past three months. Sales recorded in the quarter to March 2017 totalled $710.5 million, a substantial increase from the $75.5 million recorded in the three months to December 2016 and from the $141.8 million recorded in the three months to September […]

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Commercial Auction Results – Week ending 3 March 2017

The preliminary auction results for the week ending the 3rd of March saw 8 properties for auction across Australia. The combined clearance rate was 100%. All but one of the auctions was in the Melbourne CBD. The highest collected sale was a shop in Clifton Hill, Victoria, which sold at Auction for $2,150,000. The combined […]

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Commercial Market Update – Perth Cityscope

The latest research from Perth Cityscope shows property sales have decreased in the past three months. Sales recorded in the quarter to March 2017 totalled $43.7 million, a large decrease from the December 2016 quarter which totalled $251.1 million, and from the $157.2 million recorded in the three months to September 2016. This data brings […]

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Commercial Market Update – Brisbane South Cityscope

The latest research from Brisbane South Cityscope shows property sale numbers have more than halved over the past three months. The last three months to the end of February 2017 recorded 10 sales for a total of over $106.1 million; with $71.1 million for commercial, $30.8 million for commercial strata, $400,000 for retail strata and […]

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Commercial Market Update – Sydney Cityscope

The latest research from Sydney Cityscope shows that Sydney CBD commercial property sales for the three months ending February 2017 have increased in total value from the preceding quarter. There were 92 sales recorded for the most recent quarter with a total value of $1.201 billion, as compared to 104 sales for a total of […]

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