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Market Insights

Read the latest news about commercial properties in Melbourne and Victoria from CBRE.

17.07.2019

Port Melbourne: Premium bayside positioning

Port Melbourne is located 2.5km south of the Melbourne CBD and is best known as a vibrant, lifestyle precinct, synonymous for its high-quality living standards and immediate bayside positioning.  Bay Street, Port Melbourne is the primary retail precinct within the region and is a densely populated activity centre with 7,907 residents* living within a 500m…

11.07.2019

Why now is the best time to buy a development site?

Amidst the backdrop of a stagnating residential and off-the-plan sales market coupled with political and lending uncertainty, transactions in the development site market have reduced significantly.  However, a closer look at the market fundamentals and key drives of the development process, create a highly compelling argument that it is an excellent time to be buying…

09.07.2019

Sydney investor pays $47m for Coburg North Village

The prized Coburg North Village shopping centre has been snapped up by a Sydney based investor after an expressions of interest campaign which drew strong competition from local and off-shore buyers. The price, on a 4.7 per cent yield, represents a hefty premium on the previous sale in November 2016 when another private investor paid…

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