In a survey conducted in the first quarter of 2024 about commercial property in Australia, the participants expected the retail rents to decrease by 0.6 percent in the state of New South Wales in the next twelve months. In Victoria, an increase in rents was expected in the retail space.
Expectations of retail rents in the next 12 months in Australia in Q1 2024, by state or territory
property professionals surveyed included real estate agents/managers, property developers, asset/fund managers, and owners/investors
Supplementary notes
*Results for SA/NT may be biased due to a smaller sample size.
Participants were asked how they view gross rents in each commercial property market sector in the following time frame: annual growth in the next 12 months.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
NAB (Australia). (May 23, 2024). Expectations of retail rents in the next 12 months in Australia in Q1 2024, by state or territory [Graph]. In Statista. Retrieved October 11, 2024, from https://www.statista.com/statistics/1120526/australia-expectations-of-retail-rents-in-next-12-months-by-state/
NAB (Australia). "Expectations of retail rents in the next 12 months in Australia in Q1 2024, by state or territory." Chart. May 23, 2024. Statista. Accessed October 11, 2024. https://www.statista.com/statistics/1120526/australia-expectations-of-retail-rents-in-next-12-months-by-state/
NAB (Australia). (2024). Expectations of retail rents in the next 12 months in Australia in Q1 2024, by state or territory. Statista. Statista Inc.. Accessed: October 11, 2024. https://www.statista.com/statistics/1120526/australia-expectations-of-retail-rents-in-next-12-months-by-state/
NAB (Australia). "Expectations of Retail Rents in The next 12 Months in Australia in Q1 2024, by State or Territory." Statista, Statista Inc., 23 May 2024, https://www.statista.com/statistics/1120526/australia-expectations-of-retail-rents-in-next-12-months-by-state/
NAB (Australia), Expectations of retail rents in the next 12 months in Australia in Q1 2024, by state or territory Statista, https://www.statista.com/statistics/1120526/australia-expectations-of-retail-rents-in-next-12-months-by-state/ (last visited October 11, 2024)
Expectations of retail rents in the next 12 months in Australia in Q1 2024, by state or territory [Graph], NAB (Australia), May 23, 2024. [Online]. Available: https://www.statista.com/statistics/1120526/australia-expectations-of-retail-rents-in-next-12-months-by-state/