Commercial Market Update – Melbourne Units Cityscope March 2021

Sales recorded for Melbourne Units Cityscope for the three months to February 2021 totalled $516.5 million from 718 sales, an increase compared to the $495.3 million from 648 sales recorded to November 2020, and the $133.2 million from 224 sales recorded for the quarter to August 2020. This quarter’s data includes the new strata buildings of Tower A and Tower B at the West Side Place development.

The latest data brings the twelve-month sales total close to $1.291 billion, a decrease from…