Commercial Case Study: 14-20 Elizabeth Ave, Clontarf QLD

‘High exposure ‘value add’ retail building with residential redevelopment potential’ How did Prosper Group assist their client? Off market advantage Prosper Group’s reputation and industry contacts provided their client with the opportunity to purchase this property off market before it was presented to any other buyers. This allowed Prosper Group and their client the opportunity … Continued

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Advantages for upsizers in a downward market

The last 2 years have consisted of a large amount of pessimistic property media which continues today. The downturn in the market was initiated by APRA investigating and applying pressure on banks to reduce interest only loans, at the same time tightening margins on living expenses whilst applying for loans. This was then closely followed … Continued

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How to navigate through a market of rising vacancy and falling rental rates?

SQM Research recently stated “Sydney’s residential property investors have been hit with falling rents and rising vacancies as the country’s largest city suffers an unexpected oversupply of new dwellings.” As an example, asking rents for two-bedroom units over the last twelve months to September are down 15.2%. An increase in new supply and slowing population … Continued

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The Importance of Being Selective

Last newsletter we covered the general softening of the Sydney property market which began over 6 months ago. Many would now agree we have been travelling in a ‘flat’ market for a number of months, and this could be an ongoing trend for a while to come. Much has been made of low auction clearance … Continued

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Sydney Industrial Market Revolution

The industrial investment class has now caught up to the more traditional office and retail asset classes as an asset class sort after by private and institutional investors. Prime industrial investments are now being purchased on comparable yields to traditional prime office and retail investments. This revolution is being driven by a lack of supply … Continued

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Where is the Sydney Market Headed?

After years of consistent price growth, we can safely say that Sydney has finally cooled to a more balanced market for buyers and sellers alike. Auction clearance rates which were recently topping the 80% mark are now consistently sitting around 70%. Last weekend saw Sydney hit a new low of 67%. As it is generally … Continued

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