Commercial Market Update (Jun 2018)

The latest research from Macquarie Park Cityscope shows property sales for the three months to November 2017 have decreased from the preceding quarter. Sales recorded in the quarter ending May 2018 totalled $42.7 million, a decrease from the $118.4 million recorded in the three months to February 2018, and from the $183.5 million recorded in the three months to November 2017.

For the 12 month ending in May 2018 there were 73 sales at a total value of $1.561 billion, compared to the 86 sales…