Commercial Market Update (Apr 2017) – St Kilda Road Cityscope

The latest research from St Kilda Road Cityscope shows property sales value has decreased in the past three months. Sales recorded in the quarter ending April 2017 totalled $294.1 million from 367 sales, a decrease from the 162 sales totalling $409.5 million recorded to January 2017. This data brings the 12-month total to $879.5 million from 747 sales, a slight increase from the $808.1 million from 709 sales recorded over the previous year.

The table below shows sales recorded for the…