July 2018 – Western Australia Commercial Investment Activity Financial Year Review
11 July, 2018 / Vanessa Rader and Russ Parham / Download Research

The Western Australian market has seen some improvements over the 2017/2018 financial year with rebound in the commodities market and continued demand from China holding up WA’s export earnings. Business investment is showing bright shoots with improvements emerging aided by the sustained low interest rate environment. This has assisted in increased confidence in commercial property markets, with improvements in sales volumes seen during this period highlighting this sentiment shift. Despite some upward movement in the unemployment rate, the labour market...


June 2018 – SEQ VACANT LAND
10 July, 2018 / Vanessa Rader and Tony Williams / Download Research

Ray White Commercial (QLD) is pleased to release the latest SEQ Vacant Land Market Report for the 2017 calendar year. This report provides an in-depth look at the South East Queensland vacant residential land market, and has been developed in order to provide the performance of the 2017 year in comparison against previous years for each of the ten local authorities across SEQ. This report can be read in conjunction with our region specific reports, with data being sourced from...


July 2018 – BRIEF: CRL and the transformation of Mount Eden
4 July, 2018 / Vanessa Rader and John Davies / Download Research

While the Auckland CBD is currently seeing massive disruption; the pain will be relatively short lived for the huge potential it will provide the city. The City Rail Link (CRL) is the largest infrastructure project ever to be undertaken in New Zealand and will improve access in and around the city and will see the reactivation and development opportunities along its route. The project is well underway and the full CRL is expected to be completed by early 2024 at...


June 2018 – Inner East Brisbane Retail Strips
25 June, 2018 / Vanessa Rader and Jonathon Jones / Download Research

The Brisbane Retail market is performing well off the back of strong population growth albeit the overall sluggish Queensland economy. As interest rates have remained low, many investors are looking for a secure property holding with sound returns, which has impacted the yields for small strip retail assets to long term lows. Despite employment growth still slow, GSP levels are showing some positive signs together with residential market value improvements which have all aiding in growing retail trade results. Household...


June 2018 – Sunshine Coast Industrial Overview
1 June, 2018 / Vanessa Rader and Michael Shadforth / Download Research

The Sunshine Coast has witnessed a strong growth in population over the past ten years, fuelled by the release of land and affordable housing in the region. Investment into this region has been high with improvements in a variety of infrastructure projects including the Sunshine Coast University Hospital, Sunshine Coast Airport and various other economic and employment land development which has resulted in Gross Regional Product estimated at $14.05billion, which represented 4.50% of the state’s GSP in 2016. During 2017...


May 2018 – Queensland Retail Centre Insights (sub $20million)
22 May, 2018 / Vanessa Rader and Michael Feltoe / Download Research

Improvements in key economic indicators across the State of Queensland (QLD) have assisted in driving investment demand in QLD retail assets. Historically low interest rates and the associated cheap cost of debt have continued to ‘fuel the fire’ with average yields experiencing their sixth year of compression from 9.75% in 2012 to 6.77% in 2018. A leading driver of this has been the continuing trend of southern state (NSW and VIC) investors targeting QLD, to take advantage of comparatively higher...


May 2018 – Bayside Commercial Overview
15 May, 2018 / Vanessa Rader and Nathan Moore / Download Research

With interest rates low and quality investment options limited, 2017 saw a large increase in the number of small private investors seeking commercial property nationally. An alternative to residential or other asset classes, demand rose across most of the country for smaller sub $1.5million assets which offer attractive yields or improved rental potential. Owner occupiers also are evident in the market looking to shelter from rents and taking advantage of low interest rates, many purchasing through their super fund. This...


May 2018 – Brisbane 5,000sqm+ Industrial Leasing Market
11 May, 2018 / Vanessa Rader and Dan Costello / Download Research

Leasing activity across the Brisbane Industrial market (over 5,000sqm) has continued at a steady pace into 2018 with demand still strong particularly by logistic and transport users. Absorption over the 12 months to April 2018 has been recorded at over 285,000sqm, slightly down on last year’s results which reflect the reduction in speculative development keeping vacancies moving downward. Some speculative development however remains vacant which serves to caution other approved developments to hold until commitment is sourced. Becoming increasingly obvious...


May 2018 – Melbourne Industrial Kingston LGA
9 May, 2018 / Vanessa Rader and George Kelepouris / Download Research

Sales turnover trajectory has continued its upward momentum. Activity levels across the Melbourne Industrial market have shown considerable uptick for the 2017 calendar year after two years of limited investment. High demand for properties coupled with a shortage of available stock kept turnover levels subdued in 2015 and 2016, however improvements in these stock levels has also resulted in strong capital value growth. The broader strong fundamentals of Melbourne including robust population improvements and strong employment growth have all resulted...


May 2018 – Greater Brisbane Professional Medical Space Overview
4 May, 2018 / Vanessa Rader and Jonathon Jones / Download Research

As many smaller investors strive to find secure, high yielding investments; interest in slightly alternative asset classes has increased most notably over the past two years. The appeal of medical type premises being particularly high given their often high returns and secure tenant type. These assets also are typically fitted out to a high standard meeting many regulatory measures pertaining to health and safety which are attractive to potential owners. Similarly when tenants commit to quality fixtures they seek longer...