Commercial Market Update – St Kilda Road Cityscope April 2021
The latest research from St Kilda Road Cityscope shows property sales’ value has increased in the past three months.
For the three months to April 2021, there were 139 sales at a total value of $123.2 million, an increase compared to the 100 sales at a total value of $88.7 million in the previous quarter to January 2021 but a decrease compared to the 337 sales at a total value of $299.8 million in the quarter to October 2020. This data brings the 12-month total to $892.8 million from 970 sales, an increase from the $869 million from 690 sales recorded over the previous year.
The table below shows sales recorded for the past eight updates of St Kilda Road Cityscope.
Outstanding commercial sales in April 2021…