Monday, 27 March 2017
New South Wales
Sydney Auction Clearance Rates (www.domain.com.au)
Sydney recorded an auction clearance rate of 80% over the weekend with 880 properties listed.
Hornsby Office Building Sold (www.afr.com)
A foreign investor has acquired a 3,506m² office building at 22-28 Edgeworth David Avenue, Hornsby for $22 million ($6,275/m² of lettable area), reflecting a yield of 5.68%.
Melbourne Auction Clearance Rates (www.domain.com.au)
Melbourne recorded an auction clearance rate of 80% over the weekend with 1,351 properties listed.
Tarneit Englobo Land Sold (www.afr.com)
Central Equity has acquired a 184ha englobo land parcel in Tarneit for $180 million ($978,261/Ha of land).