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The Gold Coast continues to attract strong investment interest, particularly from the southern states, as private investment funds and institutional investors look for yields.
Allan Griffiths of First National Commercial Broome (WA) says the local market is declining following the completion of major construction projects in the resources sector.
Tui Magner of First National Commercial Karratha (WA) reports an increase in enquiry for commercial office space in Karratha, with a rush of viewings over the past month.
First National Commercial Northwest (Dural, NSW) and First National Commercial Hills (Castle Hill, NSW) have jointly sold three industrial lots of 2,100 sqm each for a cracking $3,400,000.
Michael Taylor of First National Commercial Stanton & Taylor (Penrith, NSW) reports that while rents and prices remain stable in Western Sydney, the agency is seeing growth in demand from small to medium enterprises for new industrial developments.
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