National Commercial Property News

National commercial property news, commercial real estate market data, business news and insights.

Riding the wave: Could this be a ‘watershed moment’ for Australia’s burgeoning surf parks?
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Riding the wave: Could this be a ‘watershed moment’ for Australia’s burgeoning surf parks?
When Australia’s first surf park opened in Melbourne in 2020, it was tipped as the start of a booming new industry. Four-and-a-half years on, there are only two commercial surf parks open to the public. …
The great backyard build: The $200K investment that can put hundreds in your pocket weekly
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The great backyard build: The $200K investment that can put hundreds in your pocket weekly
Homeowners looking to boost their household income or help out loved ones are increasingly building granny flats and dual occupancies in their backyards. While many homeowners would prefer to keep their backyards as they are, …
Signs sales could pick up as more vendors looks to get deals done
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Signs sales could pick up as more vendors looks to get deals done
Australia’s commercial property market has been in the doldrums for two years now, with sales volumes hovering around decade lows. But in a positive sign for brokers, several forward-looking indicators suggest deals may soon start …
Commercial property investment set to rise as mega deals close out financial year
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Commercial property investment set to rise as mega deals close out financial year
Mirvac’s sale of a two-thirds stake in its planned $2 billion Sydney office tower to Japanese conglomerate Mitsui Fudosan was the biggest Australian commercial property deal of the 2023-24 financial year.   MSCI data showed …
Ghost developments: Australia’s tourism meccas that are no more (or never were)
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Ghost developments: Australia’s tourism meccas that are no more (or never were)
From glittering island casinos to sun-dappled water parks, many of Australia’s former tourist meccas now sit abandoned as mere shells of their once glory days. While some of these once thriving holiday destinations have been …
Tourism roundup shows caravan parks and pubs are in hot demand
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Tourism roundup shows caravan parks and pubs are in hot demand
After some challenging years spanning the Covid pandemic, the tourism sector continues to bounce back as caravan parks and pubs emerge as high-quality assets for investors. In 2024, sales of mixed use holiday parks offering …
Investors flock to childcare assets as early education demand grows
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Investors flock to childcare assets as early education demand grows
Childcare centres have been changing hands at pace around the country, attracting mum and dad investors through to high-net-worth individuals seeking out assets seen as safe bets.   There has been a string of childcare centre …
Soft serve summers: The enduring legacy of Mr. Whippy
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Soft serve summers: The enduring legacy of Mr. Whippy
It was the business and cultural phenomenon whose sugary highs may have peaked more than half-a-century ago, but in a number of suburbs around Australia, Mr. Whippy vans are still trucking. In South-East Queensland, that …
Corner store no more: The rise and fall of the Aussie milk bar
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Corner store no more: The rise and fall of the Aussie milk bar
Once a staple of suburbia, the humble neighbourhood store has largely faded from our streets, but not our memories. If you grew up in New South Wales, you’d have called them milk bars. For Victorians, …
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