In a survey conducted in the first quarter of 2024 about commercial property in Australia, the participants estimated a decrease of 1.4 percent in the retail capital value in New South Wales in the next twelve months. In general, a negative annual growth was expected across most states.
Expectations of retail capital values 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 capital values in each commercial property market sector in the following time frame: annual growth in the next 12 months.
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NAB (Australia). (May 23, 2024). Expectations of retail capital values in the next 12 months in Australia in Q1 2024, by state or territory [Graph]. In Statista. Retrieved September 21, 2024, from https://www.statista.com/statistics/1120694/australia-expectations-of-retail-capital-values-in-next-12-months-by-state/
NAB (Australia). "Expectations of retail capital values in the next 12 months in Australia in Q1 2024, by state or territory." Chart. May 23, 2024. Statista. Accessed September 21, 2024. https://www.statista.com/statistics/1120694/australia-expectations-of-retail-capital-values-in-next-12-months-by-state/
NAB (Australia). (2024). Expectations of retail capital values in the next 12 months in Australia in Q1 2024, by state or territory. Statista. Statista Inc.. Accessed: September 21, 2024. https://www.statista.com/statistics/1120694/australia-expectations-of-retail-capital-values-in-next-12-months-by-state/
NAB (Australia). "Expectations of Retail Capital Values 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/1120694/australia-expectations-of-retail-capital-values-in-next-12-months-by-state/
NAB (Australia), Expectations of retail capital values in the next 12 months in Australia in Q1 2024, by state or territory Statista, https://www.statista.com/statistics/1120694/australia-expectations-of-retail-capital-values-in-next-12-months-by-state/ (last visited September 21, 2024)
Expectations of retail capital values 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/1120694/australia-expectations-of-retail-capital-values-in-next-12-months-by-state/