Property Forecasting > Report

Canberra Commercial Property Prospects 2021-2031

​The Canberra office market continues to fare better than most other Australian CBD office markets with its metro/Civic vacancy rates expected to hit 6.8%/7.1% by December 2021. Demand is set to remain strong near term, keeping vacancy rates contained and supporting solid rental growth. Combined with a further 30 bps of yield firming, we expect A grade Civic assets to generate an attractive five-year IRR of 7.9%. 

To read the full briefing please
If you are not a subscriber, request a free trial by filling out the form below