Vol 13. No.111

Wednesday 20 June 2012

Economic Overview


 Current +/- Movement
$AUS/$US 101.25 +0.12
Cash Rate 3.50 Steady   
90 Day Bill 3.48 -0.01
10 Year Bond 2.985 -0.08
ASX 200 4123.3 -13.6

National

Commercial Market Update (SMH Pg.9)
  • Research indicates the national vacancy rate for prime grade CBD commercial assets is currently 5.9%.
  • Prime rents have increased by 1.1% in the first quarter of 2012.
Residential Market Update (www.propertyobserver.com.au)
  • Research indicates the national vacancy rate for residential properties remained unchanged throughout May and is currently 1.8%.
  • The vacancy rate has increased 0.2% since May 2011.

Sources: As above
Disclaimer: All representations and information contained herein are made in good faith. The Information in this report contains material from other sources. Landsburys Property Pty Ltd has not checked those sources and accepts no responsibility for the accuracy for that information. The information contained in this communication is strictly confidential and intended solely for the use of the recipient/s. If you are not the intended recipient of this information, please delete and notify Landsburys Property Pty Ltd. Intended recipients should not copy or distribute this material without the authority of Landsburys Property Pty Ltd.

Previous Daily Wrap's

 

Research & Advisory

  • Market Demand Studies
  • Highest & Best Use Studies
  • Development Feasibilities
  • Tender Support
  • Product Analysis
  • Distressed Property Evaluations
  • Valuation Evidence Packs
  • Demographic Studies

Valuations

  • First Mortgage Valuations
  • GST Valuations
  • Unit Entitlements
  • Acquisitions
  • Land Tax & Rating
  • Evidence of Value
  • Internal Reporting
  • Stamp Duty