Insights

New South Wales’ property market showed mixed momentum through H2 2024. Sydney office transactions doubled to $3.4B as yields stabilised and offshore capital dominated. Industrial recorded $3.8B in sales as demand shifted to Sydney’s western suburbs, though yields softened and rental growth moderated. Retail saw a resurgence with $3.8B in deals, led by private investors …

Victoria’s property market remained active through H2 2024, despite macroeconomic headwinds. Industrial saw $4.07B in transactions, driven by offshore and private capital, even though rental growth plateaued. Office vacancies in Melbourne’s CBD reached 18%, with incentives remaining heightened and investor activity cautious. Retail recorded $2.05B in sales, with strong demand for sub-regional assets and signs …

M3 Property announces the appointment of Penny Davidson as Director – Specialised Assets, Hotels & Leisure, based in NSW from April 7, 2025. With over 13 years of experience in the residential living sector across Australia and the UK, Penny has a background specialising in the valuation of assets within the Build to Rent (BTR), …

Brisbane residential property is at an all-time high, as one of Australia’s best-performing capital city markets is expected to roll into its third straight year of monthly growth in median house and unit prices, thanks to a strong state economy, massive infrastructure spending and the halo effect of Brisbane being named as host city for …

Australian property market buoyed by $10.52 billion of cross-border investment in FY24 The Australian property market remained optimistic during the financial year ending June 2024, with a total of c. $10.52 billion invested by overseas investors, according to new research from M3 Property. The Foreign Capital Investment in the Australian Property Market for FY24 report …

M3 Property announces the appointment of Richard Ong as Head of Property Risk & Compliance. Richard has more than 15 years’ experience in the industry in a range of roles focused on quality, quality assurance management and valuation, most recently as a Valuation Manager at NAB. “The Head of Property Risk & Compliance is a …

Gold Coast backpacker and hostels market sees undersupply Demand for backpacker and hostel accommodation in Queensland’s Gold Coast is exceeding the supply available on the market, according to findings from the latest M3 Property research report. The report, Gold Coast Backpacker Market Review – November 2024, analyses the current state of the backpackers and hostels …

South Australia’s property market has continued to experience strong fundamentals and steady demand during the first half of 2024, albeit with reduced transactional activity across some sectors of the market including Office and Industrial which is reflective of national trends in the current macroeconomic climate. Adelaide’s residential market is strong, with a lack of available …

New M3 Property research shows demand for data centre facilities is rapidly increasing across Australia  Our latest report, Data Centre Growth in Australia, investigates the growing demand for data centre facilities across Australian property markets. The research follows the announcement that Australian data centre firm AirTrunk has been bought out by Blackstone and the Canada …

The Queensland property market has remained resilient over the first half of 2024, with continued positive occupier demand across most property sectors. Investment demand is focused on good-quality, well-located assets, albeit with a subdued level of sales activity as a result of broader macroeconomic conditions. However, we can now expect the cost of debt to …

M3 Property announces the appointment of Antony Schober as Director of Specialised Assets, Victoria commencing 1 October 2024. With over 25 years’ industry experience in the real estate sector within areas of valuations, consulting and advisory, Antony has held senior positions in firms in Australia, the Middle East, UK and Europe including DTZ International and …

Edward Hine joins M3 as Commercial Director NSW M3 Property announces the appointed Edward Hine as Director of Commercial, NSW with a focus on Office Markets. With over 14 years’ industry experience in the real estate sector providing commercial and residential valuation advice, Edward has international experience in senior positions in firms in Australia and …

The New South Wales property market has seen steady growth during the first half of 2024 for well-positioned assets with strong income security, rental growth and lease covenants in sectors including Retail, Childcare and Hotels. In the Sydney Office sector, transaction volumes have been low over the past 24 months as increasing interest rates and …

Investor sentiment in Victoria continues to be challenged by increasing State property taxes, particularly with the introduction of the Commercial and Industrial Property Tax, a relatively slower recovery of the CBD market and lagging State economic growth. During H1 2024, some sub-markets were subdued, with low levels of transactional activity whilst other sub-markets have seen …

M3 Property is excited to formally announce that Andrew Duguid has been appointed the new CEO following a nation-wide executive search. With more than 30 years’ property industry experience, Andrew Duguid has been a Director with M3 Property for over 20 years and has most recently held the positions of Interim CEO, Managing Director NSW …