Insights
Victorian Market Snapshot H2 2023
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 …
South Australian Market Snapshot H2 2023
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 …
Queensland Market Snapshot H2 2023
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 …
New South Wales Market Snapshot H2 2023
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 …
National Seniors Living Insight
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 …
New South Wales Industrial Insight
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 …
Build to Rent Insight
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 …
New South Wales CBD Office Insight
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 …
Victoria Market Snapshot October 2023
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 …
New South Wales Market Snapshot October 2023
The New South Wales property market continues to face economic headwinds, but we are seeing an ongoing resilience across sectors in 2023 as the market readjusts to current conditions. A lack of capital available on the market has contributed to a low volume of transactions across commercial sectors. This is anticipated to increase again once …
South Australia Market Snapshot September 2023
The South Australian property market continues to achieve overall growth, driven by solid fundamentals including a lack of stock and continued steady demand, and a stable economy. There has been reduced transactional activity, reflective of Australia-wide market conditions, but we anticipate that purchasers will return to the market once the cash rate stabilises. Government funding …
Queensland Market Snapshot H1 2023
Overall, the Queensland property market has remained resilient, with occupier fundamentals remaining strong across the broader commercial and residential property markets, which has resulted in solid rental growth. However, many buyers and developers have continued to adopt a ‘wait and see’ attitude due to the cost of construction, debt and higher market volatility being experienced …
National Industrial Market
Our latest National Industrial Market Snapshot for H1 2023 is now available. The report finds record-breaking rents are propping up values as yields soften across Australia’s Industrial sector. Fundamentals remain strong, although sales volumes have decreased somewhat due to market conditions. However, tight vacancy rates across markets are fuelling strong rental growth and reduced incentives. …
National Residential Development Market
There are multiple factors influencing Australia’s residential development market, with sentiment cautious but not negative. In a recent NAB Commercial Real Estate Property Development Webinar, M3 Property Managing Director, Victoria, Luana Kenny presented on some of these key issues and the way they are impacting markets across Adelaide, Brisbane, Melbourne, Perth and Sydney, including: Are we …
M3 Property Announces 15 Promotions Nationally
M3 Property announces a series of senior appointments, as the company expands towards its mission of being the best independent valuation business in Australia. Fifteen promotions have been announced across the national business effective from 1 July, including Cristian Pagano, Director – Residential Development NSW; Frank Riccio, Director – Residential Development SA; Jonathon Close, Director …