Commercial Property Market Trends

Planning new and emerging cities is the easy part. Getting people to change the way they work and live is proving to be more of a challenge, Nerida Conisbee writes. This article originally appeared on theaustralian.com.au/property.

The race for office space across Sydney is on as the city experiences its greatest spike in market growth in more than 20 years.

Eager investors have splurged more than $12 billion on office space in Sydney and Melbourne alone in one year as the cash splash on Australian commercial property continues.

Retirement living in southeast Queensland is going high-rise, as a report shows almost a dozen people aged between 70 and 84 for every existing unit. This article originally appeared on theaustralian.com.au/property.

REA Group chief economist Nerida Conisbee says it’s only a matter of time before Donald Trump’s presidency impacts Australia’s financial and property markets. But it’s not all bad news.

Brothels might not be the first choice for many commercial property investors, but agents say they make surprisingly astute buying.

Petrol stations are trending up as one of the commercial market’s glamour classes, with record deals rolling on and agents reporting astonishing interest in properties leased to fuel providers.

Juicy yields could be a thing of the past in Australia’s retail property market, with rabid interest from trusts and foreign investors seeing prices soar as competition continues to heat up.

Melbourne is playing a lone hand in firing up Australia’s industrial leasing market, having been the only Australian city to record significant growth over the last year. SEE HOW YOUR CITY PERFORMED.