Office Vacancy rates around Australia are falling — albeit faster in some capital cities, than others.
The chart below shows you where things currently stand.
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Space Shortage Looming?
22 September, 2010 by Leave a Comment
The Office Market is Looking Good
27 January, 2010 by Leave a Comment
While several capital cities still have a reasonably high Office vacancies, there is a general shortage of space looming.
Twelve months ago, it was all doom and gloom for the CBD Office markets in Perth and Brisbane — with falls expected in both rents and values. New projects were being finished, as the resources boom ground to a halt.
In Sydney … investment banks, lawyers and accountants were reducing staff in anticipation of a severe downturn in the finance sector.
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Recognise the Investment Opportunities …
12 November, 2008 by Leave a Comment
Anecdotal evidence suggests that consumers are cutting back on their spending around Australia. And it’s likely that luxury items and overseas travel will be the most affected.
A recent article in The Age expounded “The Flight to Value” — where Australian Property Monitors reported a 24% drop in the median price for Toorak Homes, in the 6 months to September.
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Melbourne Offices: Alive and Well
22 October, 2008 by Leave a Comment
Even though things may be slowing in Queensland and over in the West … the Melbourne CBD Office market seems to be travelling quite well.
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