Commercial Market Update – Eastern Melbourne Cityscope October 2020

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

Sales recorded in the quarter ending October 2020 totalled $51.8 million, compared to the $128 million from 19 sales in the quarter ending July 2020 and the $441 million from 26 sales recorded in the three months ending April 2020 (which was mainly due to the large sale at 200 – 216 Victoria Parade, East Melbourne).

This data brings the…