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Writer's pictureTeam CapStack
Sep 3, 20212 min read

REA Weekly Commercial Search Report Insights

'Buy' commercial property searches increased last week in all states except Tasmania.

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Year-on-year change in searches for commercial properties for sale in Australia.

Report Highlights


For-Sale Searches

  • Overall growth in searches of 2.9%.

  • Overall search volumes are currently 20.3% higher when compared to 12 months ago.

  • The ACT was the strongest riser (following lockdown-induced plunges), followed by SA (9% weekly increase) and NSW (5% weekly increase).

  • Compared to this time last year, searches are up nationwide, led by SA (38.6%), VIC (30.9%) and QLD (27.4%).

For-Lease Searches

  • Nationwide searches remained steady, rising by 0.1%, but still 10.1% lower when compared to this time last year.

According to the REA Report:

Overall, both buy and lease searches have proved to be sensitive to lockdown restrictions, and there has been significant volatility in search volumes over recent months. However, demand from buyers appears to be recovering faster, with rising vaccination rates buoying confidence in Australia’s ability to open up by the end of the year.

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