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Eastern Melbourne records yearly increase in commercial property sales value

The latest research from Eastern Melbourne Cityscope shows a year-on-year increase in commercial property sales value for 2019

Queensland (Qld)

Markets

Palm Beach retail survey reveals strong performance

A new report from Ray White Commercial GC South has outlined how an increase in population density and holiday accommodation options has benefitted the local retail market of Palm Beach on the Gold Coast.

Victoria (Vic.)Melbourne

Deals

North-east Melbourne industrial asset sold for $3.4 million

A well-placed industrial property in the Fairfield commercial hub of north-east Melbourne has sold under the hammer for $3.4 million through Gray Johnson.

News Roundup

https://www.retalkasia.com/news/2019/11/22/chinese-buyers-philippines-take-breather-after-long-sprint/1574407168

Chinese buyers in Philippines take a breather after long sprint

After four quarters of sprinting through double and triple-digit growth, Chinese buyers took a breather in the third quarter of 2019, according to Juwai Executive Chairman Georg Chmiel

RETalk Asia

https://www.commo.com.au/news/2019/11/27/interstate-buyers-helping-drive-perth-leased-investment-sales-ray-white/1574815354

Interstate buyers helping drive Perth leased investment sales - Ray White

Purchasers from interstate have helped drive recent leased investment sales across Perth as investors look to capitalize on assets under $500,000, according to Ray White Commercial.

COMMO

https://www.thehotelconversation.com.au/news/2019/11/27/yoko-opens-its-doors-howard-smith-wharves/1574812351

Yoko opens its doors at Howard Smith Wharves

Brisbane's Howard Smith Wharves has added a taste of Tokyo’s izakaya culture with the opening of the Yoko Dining.

The Hotel Conversation

https://www.theaseandeveloper.com/news/2019/11/22/sydney-oxford-central-development-reaches-completion/1574375844

Sydney Oxford Central development reaches completion

Australian developer Greaton has completed its first Sydney project, with the Oxford Central mixed-use development in Epping now open for business.

The ASEAN Developer

https://www.therealestateconversation.com.au/news/2019/11/26/housing-affordability-back-square-one-cities-reach-new-peaks/1574725779

Housing affordability back to 'square-one' as cities reach new peaks

With the property markets in Sydney and Melbourne projected to reach new peaks by the end of 2020, it’s back to ‘square one’ for housing affordability, according to RiskWise Property Research.

The Real Estate Conversation