Market Reports

FY23 Market Report

October 19, 2023

FY23 Market Report -
Our knowledge, Your power


FY23 Market Report

Our knowledge,  Your power 

As a genuine, factual and statistically driven tool, Nichols Crowder has released its Annual Market Report in order to arm buyers, business owners and investors with invaluable insights about the local commercial and industrial property market.

Not only does it clear the clutter around the current state of the market, but compliments sentiment with actual results.

Nichols Crowder Director, Matt Nichols said the daily challenges the property industry encountered over the 2022-2023 financial year were both consistent and complex.

“As a company, we have been able to learn, adapt and effectively communicate with current and future clients to meet these challenges, which have included inflationary pressures, interest rate rises, global economic uncertainty and an overall slowing economy,” Mr Nichols said.

“We have invested heavily in leadership training, technology innovation and an open arms team environment that reflects the exemplary customer service we provide to our clients.”

Fellow Nichols Crowder Director, Michael Crowder said the information provided in the ‘23 Market Report was designed to assist current and potential clients to make informed decisions about the commercial and industrial property market.

“It is also designed to provide a level of confidence so that the life changing decisions being made are educated ones. That is what drives us and why we’ve done our best to answer some of the most pertinent questions in commercial and industrial real estate,” he added.

The report also includes insight, input and the incredible stories of property legends Kevin Nixon and Geoffrey Crowder, information that simply should not be missed.

The families of Matt Nichols and Michael Crowder have been selling, leasing and providing industry leading real estate services in Melbourne’s South East since 1922.

Nichols Crowder has three offices with over 60 staff located in Moorabbin, Carrum Downs and Mornington offering sales, leasing and asset management services across thousands of commercial and industrial properties.

For further insights and how they may relate to your property, feel free to contact us.


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, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.