Commercial Market Update – Melbourne Cityscope October 2019

The latest research from Melbourne Cityscope shows that commercial property sales value has decreased significantly in the past three months, due to the sale of 80 Collins Street that was recorded in the June update.

Sales recorded in the quarter ending September 2019 totalled $958 million from 70 sales, compared to the $1.938 billion from 49 sales recorded in the three months ending June 2019 and the $614.3 million recorded in the three months ending March 2019.

This data brings the…