Office market strength felt across the nation www.propertycouncil.com.au/Web/Content/Media_Release/National/2020/Office_market_strength_felt_across_the_nation_06022020.aspx Read the latest news on commercial property vacancy rates from Australia's no. 1 commercial property site, realcommercial.com.au. 29 Aug 2019 This statistic depicts the vacancy rate in the office market in selected cities in Australia in the financial year 2017 with projections for the 5 Aug 2019 Melbourne has the lowest CBD office vacancy rates nationwide according to the latest Property Council of Australia report. 23 Dec 2019 Vacancy rates in Sydney and Melbourne are expected to ease slightly to around 5%, still significantly below the long term averages. In Brisbane,
letting markets are healthy, vacancy rates are unlikely to change much OFFICES. IN EUROPE. No letup in European office market activity in 2018. CENTRAL PARIS Middle East, Australia, International and Other. Major Refurbishments 6 Feb 2020 As Melbourne's CBD total vacancy rate fell to 3.2%, the lowest in Australia, and rents continued to rise, by comparison Essendon Fields has a
prices, residential vacancy rates, returns on rented property and commentary on the major factors affecting the real estate industry across Australia. Commercial building vacancy rates are forecast to decrease slightly, due to rising demand for office space. This trend is particularly true for Perth and Brisbane, Australian Real Estate Quarterly Review | Q1 2019. Page 1 of. 13. Australian. Real Estate. Quarterly Sydney CBD office cap rates vs interest yields. Source: RBA The vacancy rate in Melbourne CBD of 3.7% is at a. 10-year low and 6 Feb 2020 The Property Council of Australia's latest Office Market Report shows a 10 per cent increase in the CBD vacancy rate from 12.8 to 14.0 per cent With historical vacancy rates from October 2002, the REIV collects vacancy rates and rental data from Members and realestateview.com.au leases on a monthly 8 Oct 2019 According to the 2019 Property Council of Australia (PCA) Office Market Report, the Brisbane Fringe market has improved in terms of vacancy 6 Feb 2020 Demand from commercial market to establish offices in Parramatta is surging ahead, new figures from the Property Council of Australia report
6 Feb 2020 Demand from commercial market to establish offices in Parramatta is surging ahead, new figures from the Property Council of Australia report 14 Oct 2015 Photo: Property analysts predict Perth's office vacancy rate will hit 24 per an upside because the Australian dollar had fallen at the same time.
Office vacancy rates in Sydney and Melbourne have hit a 10-year low, with the workspace boom sparking surging CBD rents, according to Savills Australia. The two largest Australian office markets saw the number of empty offices decline in the first half of 2018 after hitting the lowest vacancy level since the Global Financial Crisis. The Sydney CBD vacancy rate dropped from 4.6 per cent to 4.1 per cent in the six months to January 2019 mainly due to withdrawals from the market. However, the Sydney CBD holds a higher vacancy rate than Melbourne at 3.2 per cent which sits at a 10 year low and remains the lowest of any Australian CBD.