Market Reports

2017/2018 Market Report

November 5, 2018

Market Report 2017/2018

Real facts, real solutions

Market Report 2017/2018 Out now

Nichols Crowder’s (Nixon Industrial’s) Annual Commercial & Industrial Property Market Report for 2017-18 is now available.

The report contains unique insights into local commercial and industrial property trends through the analysis of more than 630 sales and new leases that we transacted over the 12 months.

Some of the highlights in the report include:

  • Total transactions increased almost 10% in 2017-18, led by a major increase in new leases. A more cautious market and fewer properties being listed resulted in a fall in sales transaction volumes over the 12 months.
  • Sales of industrial properties under 250sqm remained popular, with the average price per square metre increasing 8.2% to $2,273. Low interest rates and growth in small businesses drove this higher pricing.
  • Demand for industrial properties more than 250sqm in size showed the strongest sales growth, particularly in the outer south east region. Greater supply, competitive pricing and high demand benefited this segment.
  • Bayside retail tenancy research reveals valuable trends and character traits for Landlords of our popular local shopping strips.
  • Increasing shortages of industrial and commercial land suitable for development is providing both opportunities and challenges for developers and owner occupiers alike.

For your copy of Nichols Crowder’s 2017-18 Market Report, please contact us at request@nicholscrowder.com.au

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Dandenong to Carrum Downs and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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