In a survey conducted in the third quarter of 2024 about commercial property in Australia, the respondents expected that the office capital value would decrease in Victoria by 2.7 percent in the next twelve months. In all other states and territories except Western Australia and South Australia and the Northern Territory, respondents expected the office capital value to decrease.
Expectations of office capital values in the next 12 months in Australia in Q3 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). (November 1, 2024). Expectations of office capital values in the next 12 months in Australia in Q3 2024, by state or territory [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1120655/australia-expectations-of-office-capital-values-in-next-12-months-by-state/
NAB (Australia). "Expectations of office capital values in the next 12 months in Australia in Q3 2024, by state or territory." Chart. November 1, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1120655/australia-expectations-of-office-capital-values-in-next-12-months-by-state/
NAB (Australia). (2024). Expectations of office capital values in the next 12 months in Australia in Q3 2024, by state or territory. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1120655/australia-expectations-of-office-capital-values-in-next-12-months-by-state/
NAB (Australia). "Expectations of Office Capital Values in The next 12 Months in Australia in Q3 2024, by State or Territory." Statista, Statista Inc., 1 Nov 2024, https://www.statista.com/statistics/1120655/australia-expectations-of-office-capital-values-in-next-12-months-by-state/
NAB (Australia), Expectations of office capital values in the next 12 months in Australia in Q3 2024, by state or territory Statista, https://www.statista.com/statistics/1120655/australia-expectations-of-office-capital-values-in-next-12-months-by-state/ (last visited December 21, 2024)
Expectations of office capital values in the next 12 months in Australia in Q3 2024, by state or territory [Graph], NAB (Australia), November 1, 2024. [Online]. Available: https://www.statista.com/statistics/1120655/australia-expectations-of-office-capital-values-in-next-12-months-by-state/
