In this edition of Opteon’s publication On The Pulse, our property valuation experts share the latest property news in Australia.
Opteon’s Annual Data Review 2022: Commercial market shows strong trend – headwinds ahead
Opteon’s in-house data analysts have analysed more than 22,000 of our valuations (Q2-2019 – Q2-2022) with insights extrapolated for commercial (retail and office) and industrial (warehouse and manufacturing) assets in the sub $15 million asset class. The valued properties are located in NSW, Victoria, WA and Queensland.
Find out how the industrial and commercial market has performed across the country.
The Call of the Caravan Park
There’s no doubt COVID-related travel and lockdown restrictions have fuelled growth in Caravan Parks, Holiday Houses and Other Accommodation sector. Many Australians who had accrued savings and annual leave while being cooped up throughout lockdowns and border closures have embraced holidaying options closer to home. Demand is so high that tourist bookings remain solid well beyond the typical seasons.
In the Spotlight: Chris Mitrothanasis
Recently appointed Senior Director – Government & Advisory, Chris Mitrothanasis currently leads Opteon’s Government services teams in NSW, QLD, NT and WA.
With over 26 years’ experience within the property industry, Chris has worked in various leadership roles throughout his career. Delve into his progressive career journey.
