Latest updates

Ray White Commercial has announced changes to its leadership team, with James Linacre stepping into the role of General Manager.

More than 200 people tuned in to June’s Between the Lines Live webinar which focused on the commercial real estate market in Australia’s capital city.

Over the last ten years we have seen a growing number of buyers invest in commercial assets. This was highlighted in particular during COVID-19 where interest rates hit rock bottom and investors looked to diversify their portfolios.

The office market has been through a tough few years, with COVID-19 changing the way tenants interact with offices, resulting in changing income profiles and demand for investment.

A retail centre in the heart of Mooloolaba has sold for $4.35 million in an off-market deal.

Sydney CBD’s Midtown precinct is receiving a facelift, with a variety of new shops and eateries opening their doors in the area.

After a robust 2020-2022 period where sales volumes peaked for investment grade stock, the rising interest rates have put a dampener on ongoing investment across all property types.

An auction at 73 Hastings Parade, North Bondi which sold under the hammer for $7.705 million is proof that commercial and residential agents working together can achieve the best results.

Healthcare assets are still demanding premiums with a Norman Park asset selling under the hammer for more than $300,000 over its reserve.

Growing interest rates and uncertainty surrounding their movement, together with high inflation causing investors to be more considered in their property decision making, while some buyers have completely retreated from the marketplace.

A Moorabbin industrial warehouse has sold under the hammer for $4.16 million.

Ray White Commercial hosted its inaugural call-a-thon on Wednesday, with 467 appraisals booked across Australia and New Zealand.