NOW IS THE TIME TO INVEST IN COMMERCIAL PROPERTY A veteran real estate analyst is urging investors to seize opportunities in commercial property, predicting a surge in values across various sectors. CBRE’s Head of Research, Sameer Chopra, believes it’s an…
BRISBANE PROPERTY PRICES COULD SURGE 50% BY 2032 Property prices in Brisbane could see a boom of over 50% in the lead-up to the 2032 Olympics, according to industry insiders. REA Group Chief Executive Officer, Owen Wilson, said he expects…
WHY YOU SHOULD BUY IN JANUARY Buying a property, whether as an investment or as your principal place of residence, is never a straightforward process. It takes time to do the research, look at various properties and then make a…
TOP COMMERCIAL PROPERTY PREDICTIONS FOR 2023 After a tough year for commercial property investors, the outlook will be better in 2024, according to an expert. Ray White Commercial, Head of Research Vanessa Rader said that towards the end of 2024…
High-quality office space seeing ongoing demand As businesses continue trying to woo workers back to the office, demand for high-quality office space continues rising. Ray White Commercial Head of Research, Vanessa Rader, said businesses have been looking at creative ways…
Borrowers managing the fixed-rate mortgage cliff The fixed-rate mortgage cliff was expected to hit borrowers hard, but according to research so far from CoreLogic, there has been no data to suggest mortgage holders are being forced to sell. CoreLogic estimated…
70% of home buyers turned to a mortgage broker last quarter The move towards mortgage brokers and away from direct lenders by borrowers is continuing to increase, with new data showing that mortgage brokers accounted for nearly 70% of the…
Changing demand trends weigh on office sector Demand for office assets continues to be lower than pre-COVID times, according to an expert. Ray White Commercial Head of Research Vanessa Rader said prior to COVID, office assets were considered a premium…
Commercial development on the rise Despite residential building experiencing a slowdown, new data shows that commercial building approvals are seeing a sharp uptick. According to The Australian Bureau of Statistics (ABS), non-residential building approvals grew 39.8% last month, well ahead…
