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Commercial property hotspots revealed

Australia's property hotspots have been revealed in a new report by international property advisors DTZ.

Australia's property hotspots have been revealed in a new report by international property advisors DTZ.

It shows that commercial property in Australia is heating up with retail property on the Gold Coast doing particularly well alongside industrial properties in Melbourne, smartcompany.com.au reports.

The latest DTZ Fair Value Index shows that the state capital cities Melbourne, Brisbane and Sydney now all contain solid industrial assets.

Brisbane and Sydney, however, contain premium office properties whereas the Gold Coast boasts some of the best-value retail assets in the country.

DTZ research director David Green-Morgan told the website: "There is quite a lot of opportunity all around the country and the market is holding up quite well, despite the rise in interest rates which is pushing up bond rates."

Back in August, a panel of experts carefully selected by API magazine identified Queensland as containing a high number of Australia's top 100 property hotspots.

Posted by Craig Francis

- property, hotspots, commercial, brisbane, melbourne, sydney

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