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Are Real Estate Prices Falling in Melbourne?

Are Real Estate Prices Falling in Melbourne?

An announcement from ANZ had found that prices of houses and units across Melbourne had dropped 2.2% since March 2020 at the beginning of the COVID 19 lockdowns. Why hasn’t the market fallen further and is the impact of the restrictions being felt across all aspects of the market?   Banks are supporting mortgages Most […]

Escape to the Country

Escape to the Country

Melburnians looking to escape the city for regional areas have increased their desire to buy property amid the latest coronavirus-induced lockdown. Domain.com.au reported that buyers living in Melbourne have tripled in there searches in some regional areas, concentrating on towns that are not locked down like metropolitan Melbourne and the Mitchell Shire. With working from […]

The “New Normal”

The “New Normal”

Due to COVID-19, the global and local economic condition has been widely impacted. According to GDP Venture and Citi Group reports, many industries such as transportation, accommodation, and entertainment have decreased by 72% in sales. This issue has resulted in many micro, small, and medium enterprises (MSME) having to take unusual steps to support their […]

How to Choose a Commercial Property Location

How to Choose a Commercial Property Location

When trying to choose commercial property to set up your business, one of the key factors during the decision-making process will definitely be the location. Poor choice of location can be fatal to your business in terms of accessibility to clientele, exposure and the ability to provide the best product/service you offer. Before you spend […]

5 Simple Tips on How to Grow Your Business

5 Simple Tips on How to Grow Your Business

How do businesses actually grow? The concept is simple, but actually achieving it is a different story. Try these five tips to help you attract more clients and sustain the ones you have! 1. Know your business inside and out It’s easy to set up a business these days, anyone could do it. However, to […]

5 Workplace Trends You Should Know About (You won’t expect number 4…)

5 Workplace Trends You Should Know About (You won’t expect number 4…)

The traditional office design is slowly dying as the demand for a more flexible workplace rises. According to Jenny Brown from commercialrealestate.com.au, the conventional office layout such as working in a personal cubicle, is a contributing factor to the rate of absenteeism that has cost Australia a total of approximately $5.12 billion annually in lost […]

FREE Commercial Property Investment Cheatsheet

FREE Commercial Property Investment Cheatsheet

  You’ve grown your residential investment portfolio, you might be thinking, what’s the next step? Well, you could look into other alternatives like stocks, businesses, or more residential properties, but what if your next investment is a stable, solid and low risk? Investment in a commercial property is known to have many strong benefits. Some […]

Should you buy or lease a commercial space?

Should you buy or lease a commercial space?

As a business owner, one of the concerns that you will face is finding a space to run your business operations. Since there are many different kinds of businesses, obviously the type of space will depend on what requirements you need. Setting up your own business can be exciting and challenging at the same time. […]

June Quarter 2019 Commercial Real Estate Update

June Quarter 2019 Commercial Real Estate Update

Research from Core logic shows Melbourne commercial property sales has significantly increased in the past three months, and the trend is expected to continue. Recorded sales in the quarter ending June 2019 were 3x higher than the previous quarter ending March 2019 with $1.897 billion in sales compared to $615.4 million and $621.5 million in […]

Melbournes Office Space Boom

Melbournes Office Space Boom

According to the latest research by BIS Oxford Economics, Melbourne’s office market boom will continue until at least 2024. With rents in prime locations to rise another 30-40% during the next five years While the present record low CBD vacancy rate of 3.2% is expected to move up, slowly rising above 5% in 2020 as […]