Insights

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 …

M3 Property has announced its July 2024 promotions, with 14 employees nationally promoted into more senior positions. The promotions include Georgia McKay, Director, Rating & Taxation, and Andrew Cash, Director, Retail who have demonstrated exceptional dedication, leadership and expertise in their field. M3 Property Acting Chief Executive Officer, Andrew Duguid said, “We are proud to …

Perfect storm for large growth in daily childcare rates This Childcare Insight for NSW offers perspective into the multiple market factors that are culminating to drive daily childcare rates higher, creating a flow-on effect into valuations for the sector. Click the link below to read the full insight M3 Property Insight – NSW Childcare May …

Patrick Curran joins M3 Property as Director of Industrial, Victoria M3 Property announces the appointment of Patrick Curran as Director of Industrial, Victoria commencing 20 May 2024. With over 18 years’ industry experience in commercial real estate, including his most recent role as a commercial director, Mr Curran has conducted valuations across most asset classes, …

Green Star and NABERS Energy-rated buildings set to reinvigorate Melbourne’s office market Premium Melbourne CBD Office Supply Pipeline exceeds 230,000 sqm Premium-grade office buildings in Melbourne’s CBD with Green Star and NABERS Energy ratings are set to reinvigorate the city’s office market, according to the latest M3 Property research. There is 234,593 square metres of …

Victoria’s property sectors continued to see low levels of transactional activity over the second half of 2023 as a result of the broader inflationary and high interest rate environment. However, over the course of 2024 we anticipate levels of activity to start to increase as a result of more confidence returning to the market off …

Strong fundamentals in the South Australian property market, including steady demand, a stable economy and a lack of supply, continues to drive overall growth albeit with reduced transactional activity reflective of broader national trends. As confidence returns to the market, we anticipate transactional activity to increase moving into the second half of 2024. In our …

The Queensland property market continues to see positive occupier demand, with growth expected across many sectors in 2024 underpinned by a healthy pipeline of infrastructure projects and strong population growth. Over the second half of 2023 the market saw limited transactions due to factors including inflationary headwinds, however, expectations between buyers and vendors should continue to realign …

The New South Wales property market is experiencing an improvement in confidence and transaction volumes as interest rates and bond yields stabilise, in the context of a more positive inflation outlook. In most sectors, limited transactions over 2023 highlight the disconnect between buyer and seller pricing expectations. However, this pricing gap should decrease given the adjustment …

Land Lease Sector Grows in Appeal for Retirees and Investors A snapshot of Australia’s Healthcare sector Summary This Insight provides an overview of the Seniors Living sector in Australia, with a special focus on Land Lease Communities which is growing in appeal for both retirees and investors as an asset class. Overview of the Land …

Industrial migration is set to increase in regional NSW This Insight explores the anticipated growth in demand and drivers for key regional industrial markets across NSW. Newcastle/Hunter Valley, Tamworth/New England and the Central Coast are poised for growth off the back of key infrastructure investment, population growth, and rising delivery requirements. Regional NSW Industrial demand …

Australia’s Build to Rent Sector Set to Expand The Build to Rent (BTR) model of residential accommodation, referred to as multi-family housing in the US, is designed and purpose built for long term residential rental accommodation. These investment assets are predominantly held under a single title and are owned, managed and operated by an institutional …

Tenants spur activity in Sydney’s CBD with a flight to quality for office space Office occupiers are seeking office space upgrades, while improvements in rents will create a flow-on effect for well-managed assets once capital returns to the market. Our latest Property Insight for November 2023 discusses the latest data and trends in the Sydney …

As anticipated, 2023 has been a multifaceted year across Victoria’s property sectors. We’ve seen a reduced number of transactions this year with extended selling periods as a result of broader macroeconomic conditions. However, asset classes including healthcare and self-storage continue to see solid demand due to strong market fundamentals. The outlook for 2024 is more …