Australia

SE Queensland 2024 retail completions underperform 10-year average

New supply only reached 81,600sqm during the year.

Sydney to add 1,173 hotel rooms to existing stock

There are currently six hotels under construction, which will yield over 1,100 new rooms.

Brisbane industrial completions reach two-year low in Q4

Only 89,900sqm of new supply was added during the quarter.

Sydney annual retail stock at its lowest since 1989

Only 39,200sqm of new retail space was added in 2024.

Brisbane CBD office absorption hits 16,300sqm in Q4

Thanks to large tenant movements from various industries.

Why Australians are struggling to find affordable housing

61% of renters faced multiple rent hikes in two years.

Australia office rents up 1.9% in 2024

Brisbane saw the fastest rental growth rate of 11.8%.

Cross-border capital reemerging in Sydney’s office investment market

Foreign investors accounted for 56% of investments in the year to October.

Here’s a rundown of Australian industrial demand by region

West Melbourne saw a higher take-up in 2024 compared to a year ago.

How Sydney’s new metro will transform the office market

Deal volume already surged 54% YoY to AU$4.8b over the year to October 2024.

Australian retail property sector finally showing signs of recovery

Leasing demand has been strong despite a subdued growth in retail spending.

How will industrial take-up in Australia fare in 2025?

Analysts believe there are positive signs for the year.