Australia
Australian new home loan commitments down 4.3% to $30.76 in August
This is the biggest drop since May 2020.
Australian new home loan commitments down 4.3% to $30.76 in August
This is the biggest drop since May 2020.
Australia’s residential property listings drop to a record 200,000
Listings ranged between 300,000-380,000 properties between 2011 and 2019.
Melbourne’s neighbourhood, large-format retail assets outperform other subsectors
Investors prefer these assets due to their stable earnings.
Melbourne industrial yields to hit a new midpoint record low by Q4 2021
Strong investor demand is causing downward pressure on midpoint yields.
Perth’s industrial gross takeup breaches 10-year average
The city recorded 224,100 sqm of gross takeup over the past year.
Adelaide offices’ net absorption records first positive quarter since 1Q20
Net absorption hit 1,800sqm in the second quarter of 2021.
Melbourne CBD office rents drop for the fifth consecutive quarter
Prime net effective rents fell 2.7% in the second quarter of 2021.
Sydney CBD retail rents see biggest drop of 11% in Q2
Rents in regional and sub-regional areas fell 5.4% and 2%, respectively.
Australian child care real estate asset’s 'investable universe' now at a whopping $28b
Total asset sales hit $170m in H1 2021, surpassing 2020 figures.
Australia’s apartment sector mired in construction cost concerns
Timber costs increased 6.4% over the past year, and border closures drive significant labour shortages.
Sydney’s sublease offices down 8% in H1 2021 as firms take back space
Subleasing may have reached its peak and the trend is now slowly reversing.
Sydney named world's strongest luxury property market in 2021
Prime home prices in the city are forecast to increase by 10% this year.
Why Australian student housing remains a resilient asset class despite international student drought
The sector will see 15,240 more beds between 2022 and 2024.
Australian industrial property’s capital returns hit 5-year high of 9%
The industrial markets have been robust over the last 12 months.
Australia, New Zealand dominate world’s most liveable cities ranking
But house affordability remains a challenge.
Investment into Australia’s build-to-rent segment hits record highs
Thanks to Greystar’s largest capital raising of $1.3 billion.
Commercial property investments in regional New South Wales gain momentum
Newcastle, Wollongong, and Gosbord are attracting hefty investments.
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