The Property Council of Australia’s latest Office Market Report shows vacancy rates have declined over the past six months in the Canberra market, despite negative demand.
The Sydney CBD office market continues to be one of the tightest CBD markets in Australia and has the lowest vacancy rate in over ten years with the vacancy rate dropping from 4.8 to 4.6 per cent in the six months to July 2018 according…
The Property Council of Australia’s latest Office Market Report released shows that Parramatta continues to be one of Australia’s strongest emerging commercial office markets with total vacancy increasing slightly in the six months to July 2018 due to much needed supply additions.
Builders remain relatively upbeat despite the moderating housing market, according to the latest real time snapshot of business confidence in the building industry.