The love affair with real estate is ingrained into the Australian psyche. You can touch it, see it, drive past it and improve it. But with home prices falling, policy questions over tax incentives and less availability of credit, perhaps the love affair with residential property investment is over. So what does this mean for commercial real estate?
The first CoreLogic Quarterly Rental Review for 2019, which tracks median rents and rental yields across Australia, shows that national weekly rents have risen by 1 per cent during the first three months of the year.
This April sees two of Wollongong’s market leaders, MMJ Real Estate and Amplify Business Sales partner up to provide a real estate powerhouse like no other in the Illawarra. MMJ Real Estate already offers the most diverse real estate experience for clients in the Illawarra, but has now increased its range of services to include Business Sales & Acquisitions.