Commercial Market Update – Eastern Melbourne Cityscope February 2021

The latest research from Eastern Melbourne Cityscope shows property sales have decreased in the past three months in total sale value and volume.

Sales recorded in the quarter ending January 2021 totalled $32 million from 13 sales, compared to the $51.8 million from 16 sales in the quarter ending October 2020 and the $128 million from 19 sales recorded in the three months ending July 2020.

This data brings the 12-month total to $652.7 million, an increase from the $635.2 million recorded…