Property Outlook

Australia overview

High level of business and consumer confidence flows through to Australian property.

Consumer confidence levels remain elevated and business confidence has now had a sustained increase over the past 12 months. This started to flow through to a number of occupier markets at the beginning of 2015 with Sydney CBD office in particular showing a significant decline in vacancy over the year. This run is expected to continue to spread to other markets with Melbourne CBD office, Sydney industrial and national neighbourhood and large format centres likely to experience particularly strong demand conditions. 

Even though there is expected to be a return of occupier markets nationally, there will still be pockets where this does not lead to rental growth. In some markets, elevated levels of supply are offsetting the strong growth in tenant demand. Similarly, those locations impacted by parts of the economy experiencing a slowdown – for example, markets dependent on the mining sector – will be the under performers in 2016. 

John Kenny

John Kenny
CEO | Australia & New Zealand

For more information read our news release, or click on the links below to read more about the outlook for specific Australian property markets.

Capital Markets Office

Capital Markets

Click here to find out more about Australian investors investing offshore in 2016.

Property Outlook   


Click here to find out the key leasing trends for office in 2016.

Property Outlook  


Click here to read about the impact of infrastructure spend and other trends in industrial in 2016.

Property Outlook  


Click here to find out about the ownership of retail assets and our appetite for online retail.

Property Outlook  


Click here to find out the key drivers for the residential market in 2016. 

Property Outlook  


Click here to find out about the supply trends and tourism trends impacting the hotel industry.

Property Outlook  

Rural & Agribusiness

Click here to find out the key factors driving the rural and agribusiness sector in 2016.

Property Outlook  

Healthcare & Retirement Living

Click here to find out more about institutional investors’ appetite for HRL assets.

For more information please contact
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