Commercial Market Update – Melbourne Units Cityscope
Sales recorded for Melbourne Units Cityscope for the three months to November 2016 totalled $405.2 million, an increase from the $145 million recorded for the quarter to August 2016, and from the $178.9 million recorded for the quarter to May 2016. The latest data brings the 12-month sales total to $1.045 billion, a decrease from the previous 12 months, which recorded sales of $1.149 billion.
The table below shows sales recorded for the past eight updates of Melbourne Units Cityscope.
Some notable sales include:
- Unit 3108, Vision Apartments, at 496-504 Elizabeth Street, Melbourne, an apartment with a balcony on level 31, which sold for $3.71 million;
- Unit 6, The Bond Store, at 30 Oliver Lane, Melbourne, a 213 sqm apartment with a terrace on level 3 plus double car spaces, which sold for $2.325 million; and
- Unit 4, 10-22 Manton Lane, Melbourne, a three-bedroom second floor unit with two car spaces, which sold for $2.15 million.
Commercial Research
Cityscope covers 28 predominantly capital city CBD markets across Australia and New Zealand, providing a rich level of property level data including building attributes, tenancy detail, sales and ownership.For more information on Cityscope or any other CoreLogic products call 1300 734 318 or visit the website at www.corelogic.com.au/products/cityscope.
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