Property Update–Commercial Industry Market Wrap – Perth

| September 8, 2013

Industry Market Wrap – Perth  

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The latest research from Perth Cityscope shows property sales have increased in the past three months. Sales recorded in the quarter ending September 2013 totalled $527.0m, an increase from the $294.9m recorded in the three months to June 2013, and an increase from the $92.8m recorded to March 2013.  

Industry Market Wrap – Canberra

The latest research from Canberra Cityscope shows property sales have significantly increased in the past three months. Sales recorded in the quarter ending August 2013 totalled $194.1 million, an increase from the $51.7 million recorded in the three months to May 2013, and an increase from the $9.5 million recorded in the three months to February 2013.   

Latest National Auction Results   

    
The commercial auction clearance rate was recorded at 37.9% last week, down from 50.0% the previous week and 42.9% at the same time last year. Over the past four weeks, 256 commercial properties have been taken to auction, 128 of which sold. Of these 128, 102 were reported to RP Data with a sale price and the total value of these sales was $155.3 million.  
Commercial market updates for Canberra and Perth Cityscope as well as the latest national auctions results and auctions by state

More  at rp data

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Category: 2013, Australia, property outlook

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