Victorian employment growth and the impact on property

Victorian employment growth and the impact on property

Victoria’s increasing population and the resulting strong education sector has led to significant job growth. In the year to July 2018, average employment grew by 2.8 per cent; this was the strongest among the states and above the national average. In the same year, more jobs were created in Victoria than the rest of the country combined.

This Colliers International special research feature discusses how impact of white collar employment growth is driving strong underlying demand for office space in Melbourne’s CBD and metropolitan markets.

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