Market Updates

September 19, 2019

FY19 ANNUAL PROPERTY MARKET REPORT

FY2019 COMMERCIAL & INDUSTRIAL MARKET REPORT

Nichols Crowder is pleased to release its latest Market Report for the 2018-19 financial year.  The report outlines market conditions over the past 12 months, details our performance over the period, and highlights how we assist our clients with their commercial property needs.

2018-19 was a perfect storm for commercial and industrial property.  Negative sentiment across the economy and in residential property markets, combined with the banking royal commission, federal and state government elections,...

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June 19, 2019

Land Tax Debate - Fairer is Better

Land Tax is an important source of revenue for the Victorian State Government, and one that is likely to remain in place over the foreseeable future. 

As with any tax, the people paying it would prefer not to have to pay it, or would like to pay a lower rate. There are also regular calls from the property industry to make the system fairer, citing examples of major increases, but not offering any genuine or plausible solutions or taxation alternatives.

Nichols Crowder...

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March 27, 2019

MORNINGTON PENINSULA MARKET REPORT

MORNINGTON PENINSULA REPORT OUT NOW

We are pleased to announce the release of our latest market report, this time focussing on the Mornington Peninsula Commercial and Industrial Property Market.

Nichols Crowder has identified three key issues that will impact the market in the foreseeable future. 

  1. The positive impact of Major Activity Centres in Mornington, Rosebud and Hastings.
  2. A lack of industrial land.
  3. The potential re-zoning of land near the Port of Hastings.

This report discusses each of these issues offering insights for policy...

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November 01, 2018

ANNUAL MARKET REPORT 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...

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September 21, 2018

MOORABBIN MARKET REPORT

Moorabbin Business District: 60 Years in the Making

As a continuing service provided to clients and interested parties, the Nichols Crowder and Nixon Industrial research team has undertaken a thorough study of the commercial and industrial property markets in Moorabbin and surrounding precincts. 

Available now, Moorabbin Business District: 60 Years in the Making examines the historic, economic, business and industry drivers that have influenced the area over the past six decades.  

The report highlights several key trends, such as:

September 17, 2018

4 MORE MARKETING AWARDS

THE INDUSTRY'S MOST CONSISTENT PERFORMER

Nichols Crowder has achieved its 13th consecutive year of industry accolades, receiving yet another four Awards at the 2018 Real Estate Institute of Victoria’s Commercial and Industrial Marketing Awards.

Showcasing the best sales and leasing campaigns of the past year, these awards recognise the most effective commercial and industrial property marketing campaigns across a range of categories.  Since 2006, Nichols Crowder has received 34 REIV Marketing Awards. 

“We are extremely proud to have received these coveted Awards,”...

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February 08, 2018

Nichols Crowder’s New Front Line

With a strong commercial and industrial property market along the Mornington Peninsula, the region’s largest and most popular agent, Nichols Crowder, has increased its presence in the area.  This has seen Tanya Scagliarini, Jamie Stuart and Cristy Gatto join Tom Crowder to expand the Nichols Crowder team and meet the growing needs of local vendors, buyers and landlords

Nichols Crowder has been servicing commercial and industrial property markets across the Mornington Peninsula for over a decade.  Now, with an expanded team...

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November 03, 2017

NICHOLS CROWDER ON TOP OF THE REALCOMMERCIAL.COM.AU AGENCY RANKINGS

According to Australia’s leading commercial property sales and leasing website “realcommercial.com.au”, Nichols Crowder Property Solutions (Carrum Downs) is the leading commercial, industrial and retail agency in its key markets.

Recent active agency results show that Nichols Crowder Property Solutions (Carrum Downs) ranks first for the “buy, lease, sold and leased” categories in the suburbs of: Bonbeach, Carrum Downs, Chelsea Heights, Frankston, Mornington, Seaford and Tyabb.

Nichols Crowder Property Solutions (Carrum Downs) also ranked in the Top 3 agencies for selling and leasing...

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July 17, 2017

Bayside Business District

10 Years On

Most Bayside locals would be familiar with the major residential and commercial changes along eastern and central section of Bay Road, Sandringham over the past decade.  With ALDI and iSelect moving into the area during this period, and with the building of several multi-level residential apartment blocks east of Bluff Road, more people are now living, working and shopping in the precinct called the Bayside Business District (BBD). 

Also known as the Bayside Business Employment Area, the BBD started...

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May 24, 2017

Business Disruption – Are you making the most of it?

Business disruption seems to be affecting all industries, from taxis and restaurants, to information and retailing.  With new technologies constantly being developed and quickly spreading globally, business disruption is moving at a much faster rate than in prior decades.

The question is: will your business or industry go the way of taxis and be swamped by the equivalent of Uber?  Or, will an Airbnb disrupt your industry, just as it did to the hotel industry? 

In response to these types of disruptive...

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