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Commercial Market Update (Mar 2018)

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The latest research from Southbank Cityscope shows property sales value have increased in the past three months. Sales recorded in the quarter February 2018 totalled $428.3 million, an increase from the $305.9 million recorded in the three months to November 2017, and increase from the $177.5 million recorded in the three months to August 2017.

This data brings the 12 month total to $1.525 billion, a decrease from the $2.515 billion recorded the same time last year. 

The table below shows sales recorded for the past eight updates of Southbank Cityscope.

CoreLogic Southbank Cityscope Quarterly Sales

Notable sales in the February 2018 update of Southbank Cityscope include: 

  • 102-156 City Road, Southbank, a BMW Melbourne sales showroom, comprising a high one-and…



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