Brisbane is one of Australia’s largest cities, home to 2.3 million people and also home to some of the greatest business real estate in the country. If you’re thinking of buying commercial property in Brisbane, there are three reasons why you should take the plunge. The Vacancy Rate Is Low One of the best reasons
If you’ve invested in a commercial property for many years and believe it might be time to sell, you need to know how to start the process, and what’s involved. Here’s some of our best tips – and we’re here to help you once you’re ready to take the next step. Check Your Taxes –
When investing in commercial property, Brisbane offers quality properties and huge variety. You get the serenity of the beaches mixed with the bustling nature of a city. Commercial property in Brisbane is highly sought-after, with a generally low vacancy rate, and the potential for properties to return a high yield of 6+% (the average for
While 2020 was certainly a tough year for the Australian property market as a whole, technically we’re already on the other side of the COVID recession. Jobs are rapidly returning, migration has been strengthening, and both vaccines are looking promising. The combination of all these positives are looking to start supercharging the commercial property market
Despite experiencing the worst recession since the Great Depression, a number of the property predictions from early last year largely held true. In fact, much of the property market in Brisbane actually performed pretty well throughout 2020. While the market displayed some extraordinary resilience as a whole, it certainly wasn’t without its challenges. Demand was
According to the latest research from Cityscope, the number of property sales in the Brisbane Fringe have increased noticeably over the last three months, while the sale amounts have only increased slightly. Brisbane Fringe recorded 60 commercial property sales totalling $323.5 million in the last 12 months to early February. This number falls over $200
Cityscope’s latest research found the number of commercial properties sold over the last three months in Brisbane have remained stable, but the total sales figures have decreased. And according to Cityscope, there were 41 sales recorded in Brisbane over the last 12 months to the end of January totalling $775.3 million. This figure is $2.16
New car sale volumes in Australia have generally been falling from mid way through 2018 through to today. The Covid-19 health pandemic has further exacerbated this trend. A disastrous year of new car sales did have a good finish with November and December reporting larger than historic trend sales volume estimates. There were a total
Heading towards the northern end of the Gold Coast and there is plenty of development activity happening. A major project is the $1.5 billion Pacific View Estate. This is to be developed between Highland Park and Worongary on a site known as the largest remaining development parcel on the Gold Coast in single ownership. The
At McGees, we’re branching out. And as we move into 2021, the Moreton Bay region is on our radars. The region has grown immensely over the past decade, and continues to do so. In 2021, there’s an abundance of projects underway, set to bring jobs and business into the area. Here’s a quick rundown: North