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 the back of stabilised interest rates, and as vendor and purchaser expectations realign.
In our latest Victorian Market Snapshot – H2 2023, representatives from our valuation sectors share their insights into the year to date as well as opportunities and challenges for the year ahead.
Take a look at:
• Healthcare
• Hotels and Accommodation
• Industrial
• CBD Office
• Residential Development
• Retail
• Self Storage
Click the link below to read the full snapshot.
M3 Property – VIC Market Snapshot H2 2023
Time to talk?
With 140+ experts across Australia, our property solutions are as independent as they are extensive.
Confidence and success in property starts by asking the right questions. From valuation and asset advisory to taxation, rating and litigation, our property advice looks beyond the immediate, providing a premium, strategy-based solution.
Related 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 …
Always independent.
Our independence is a constant source of pride; ensuring we can be truly objective when it comes to our clients’ needs. Start your conversation with us – we're here to listen.