Do Commercial Investors have anything to fear?
WHILE NEGATIVE GEARING is relied upon by investors across various sectors in the Australian economy, it has once again been brought under the spotlight within the context of property investment.
And both sides of politics have shared their positions, where it has been hotly debated over the last few months.
MELBOURNE IS WELL KNOWN for its amazing selection of shopping, dining and entertainment. Consequently, more and more commercial property owners have joined the renovating bandwagon to produce popular hotspots for both local residents and those visiting.
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THIS IS CERTAINLY a two-speed story, according to the Property Council’s most recent Office Market Report.
The vacancy rate in Perth currently sits at around 20%; with office rentals down about 40% since there 2012 peak.
Sydney saw a 100,000 sqm take-up in the 12 months to December — which is three times its historical average. And the demand for office space was also strong for Melbourne.
