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

The latest research from St Kilda Road Cityscope shows property sales have increased in the past three months. Sales recorded in the quarter ending January 2017 totalled $410.7 million from 162 sales, a large increase from the 119 sales totalling $105.9 million recorded to October 2016. This data brings the 12-month total to $690.6 million from 481 sales, a decrease from the $863 million from 840 sales recorded over the previous year.

The table below shows sales recorded for the past eight…