The latest Australian Census of Population and Housing was conducted in August 2016, and initial results have recently been released by the Australian Bureau of Statistics. The Census is a comprehensive and accurate reflection of Australian society and is used extensively for evidence based reporting, policy and decision making. We have collated and analysed some of the data for the Greater Perth area.
NEWS AND RESEARCH
Legislation was recently passed that may affect superannuation for you or some of your clients, and this will come into effect from 1 July 2017. This could mean that important decisions need to be made in the lead up to this date. Please read our article on how Property Valuation & Advisory may be able to assist you in the lead up to 30 June 2017.
The Perth Industrial market is still feeling the effects of the contraction in the resources sector, which has largely impacted on core estates where mining based activity is a significant driver. As with the office market, downward pressure on rents continues to fuel a flight to quality. The number and value of Industrial building approvals declined significantly in the year to March 2017…
After several challenging years for owners of Perth’s CBD offices, characterised by a softening of the WA economy, large levels of new supply, high vacancy rates and falling demand, the market appears to be showing tentative signs of a slow recovery. Property Valuation & Advisory (WA) are pleased to offer you their latest indicators and commentary on the Perth CBD office market.
Workzone East, an office building on the fringes of the Perth CBD, was recently acquired by Corval from Charter Hall. Property Valuation & Advisory (WA) are pleased to share with you their analysis of this property transaction. We hope you find the information of interest. For further information contact Gavin Chapman on (08) 6500 3600.
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