Market Update January – December 2022
RECORD BREAKING 2022 AS ALL KEY METRICS IMPROVE 2022 could only be described as a standout year for industrial property. Our market was underpinned by a thirst for the South East region, limited opportunity, and overwhelming demand. Total transaction volume increased by 8%. Key Indicators: Sales and Leasing transactions balanced out at almost 50/50. This…Read More→
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Old is gold: 40+ years old warehouses sold at a record rate
35 & 37-39 Glenvale Crescent, Mulgrave Two 40+ year old brick office/warehouses that had been occupied by a highly respected printing company, Eastern Press, have now been sold through auction last 26th of May, 2022. At a record rate of $2,000,000 ($3,636m2), 35 Glenvale Crescent was sold to a local owner occupier. This result showcases…Read More→
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Market Update January – December 2020
A Roller Coaster 2020 Ending with a Full Head of Steam When you look at the metrics of a COVID 2020 it’s amazing to see the resilience of a market disrupted by so much but ultimately rebounding so strongly due to underlying fundamentals. Key Points: Transactions weighted more to leasing than the previous 12 months….Read More→
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Market Update July – December 2019
Balanced Market Performs As Predicted The last six months of 2019 performed as anticipated with pleasing results. Volume remained steady as did the split between sale and lease transactions Average square metre rates and pricing remained constant. A 7% increase in average sale rates per m2 was noticeable and can be attributed to popular small…Read More→
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Casey Demons partner with Cameron
Cameron are proud to announce a new major partnership with high profile VFL club the Casey Demons. As part of the deal, the Cameron logo will appear on the front of the playing shorts of Casey’s VFL and VFLW teams from 2020 onwards. General Manager – Casey Football, Peter Maynard, said he was thrilled to…Read More→
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Market Update July 2018 – June 2019
Steady Market as both Supply and Lending Tighten The wash up of financial year 2018/2019 was pretty much as predicted in our last market update. The ratio of sales to leasing transactions remained constant as did square metre rates and average prices across both sales and leasing activity. Most interestingly was the strength and resilience…Read More→
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Market Update July – September 2018
Strong volume as average leasing rates rise. The first quarter of the financial year was particularly busy in the sub 600m2 factory range which continued the trend of the last 12 months. Sub 600m2 transactions accounted for 84% and 71% of the sales and leasing factory market respectively. Average leasing rates pushed past the $90 per m2…Read More→
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The card’s in the mail and so is the cheque
CREDIT: Commercialrealestate & Simon Johanson | 27 June 2018 The card’s in the mail and so is the cheque. Cameron’s Angus Clark and Ivo Redmond sold Biscay Greeting Cards’ 7830 square metre warehouse at 108 Logis Boulevard to a local owner-occupier for an unprecedented $12 million. “This buoyant south east industrial market truly does speak for…Read More→
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$2.36m sale: Dandenong church destined for development
CREDIT: Real Commercial & Charlotte Durut | 27 APRIL 2018 A former church building at 11-21 Walker St, Dandenong, has sold for $2.36 million. A former church in Dandenong has sold for $230,000 above reserve to a developer-investor, who swept past four other bidders to snatch up the property for $2.36 million. The site of…Read More→
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Market Update January – March 2018
A Steady Start To 2018 Following a slower than normal start to the year the pace quickened throughout the quarter culminating in 163 transactions which could best be described as a steady start to 2018. Sales activity was solid accounting for 55% of all transactions, this as a metric points to an extremely strong buying…Read More→
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Dandenong church drop-in centre could be snatched up by developers
A CHURCH in Dandenong which operated for 25 years as a shelter for homeless people and those in need could soon be in the hands of developers.Believed to be built in 1957, the former Church of Christ building at 11-21 Walker St is already surrounded by towering city buildings on its 1234sq m corner block.It has been…Read More→
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Market Update July 2016 – June 2017
Exceptional 12 months with Strong Demand Across Most Asset Classes The financial year closed at the same fast pace it commenced buoyed by increasing activity from investors, owner occupiers and tenants alike. The demand for Melbourne’s Eastern corridor continues to expand primarily driven by connectivity and quality development. Successful businesses supported by a strong localised…Read More→
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