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Melbourne Market Report.pdf

VIC-June-2017.pdf
Preview of Melbourne Market Report
🔗 Source: prp.com.au
📊 Size: 2.75 MB
👤 Author: user
⬇️ Downloads: 97

Summary

Melbourne CBD's office market increased by 24,000 square meters over six months to July 2017, with retail turnover declining 0.3% in June, and building approvals for houses decreasing 8.8% in the Greater Melbourne region. Median house prices in Melbourne rose 7.6% to $826,000 in the March quarter, while apartment prices increased 3.8% to $583,000. Several major office sales and leasing transactions occurred in the Melbourne CBD, with yields ranging from 4.2% to 6.5% and rents from $350 to $600 per square meter. New developments will add nearly 500,000 square meters of office space by 2019.

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Description

Melbourne CBD's office market increased by 24,000 square meters over six months to July 2017, with retail turnover declining 0.3% in June, and building...

Technical Information

  • File Format: PDF
  • File Size: 2.75 MB
  • Pages: 24
  • Language: EN
  • Author: user
  • Total Downloads: 97
  • Last Updated: 1 week ago

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