Decoding Trends: The Latest in Real Estate Insights

In our latest episode of “Talking Real Estate with John Gibson,” we dive into the commercial leasing market.

John Gibson reveals why there’s no better time to lease office space. With new office buildings still being constructed and plenty of supply available, landlords are offering exceptionally sharp deals. Modern office fit-outs are making it even more attractive for tenants to move in and set up shop.

Don’t miss out on these expert insights! Plus, hear from Rugby League legend Ben Ross as he shares his own property journey in the full episode.

Listen to the full podcast here.

The national weekend auction market reported a clearance rate of 68.2%, significantly higher than the same weekend last year.

Over the weekend, auction markets experienced slightly lower clearance rates and fewer listings on Saturday, reflecting the quieter winter market now taking shape.

The question arises: is a new housing boom underway? In April, a global house-price index, excluding China, increased by over 3% year-on-year. American house prices have risen 6.5% from a year ago, Australian prices are up 5%, and Portuguese prices are soaring.

Despite these indicators, buyers are encountering delays in the anticipated market transformation, largely due to persistent challenges. One such challenge is inflation, which continues to linger, postponing potential Federal Reserve rate cuts.

Among our tenant representation clients this year, 68% have shown a preference for offices with existing or newly built fito-uts, while only 33% have preferred to build their own.

It is clear that the commercial real estate market in Australia is on an upward trajectory. Offshore investment is thriving, with Sydney ranked third globally for offshore investment in commercial property according to the latest Australian Investment Review.

Property Investment Insights: Choosing Between Residential and Commercial

When venturing into property investment, understanding the distinct advantages and challenges of residential versus commercial properties is crucial.

Here are some key points to consider:

At Locate Negotiate, we provide comprehensive guidance through the complexities of both residential and commercial property investment, equipping you with the knowledge to make well-informed decisions.