Commercial Market Update (Feb 2017)– Eastern Melbourne Cityscope

The latest research from Eastern Melbourne Cityscope shows property sales have decreased in the past three months. Sales recorded in the quarter ending January 2017 totalled $111.6 million, a decrease from the $170.5 million recorded in the three months to October 2016, and a decrease from the $164.1 million recorded to July 2016.

This data brings the 12-month total to $602.9 million, also a decrease from the $720.6 million recorded over the previous year.

The table below shows sales…