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Investors Adjusting to Commercial Property Market in light of Tax Changes


The Commercial Property landscape in Melbourne's is experiencing considerable transformation as we proceed into 2024 as investors adapt to the tax changes of 2023. With a mix of long-held family assets entering the market and strategic investment shifts, presenting new opportunities.

Investment Strategy Shifts Towards Larger Assets

Investors in Melbourne's are currently adjusting their portfolios, moving away from owning multiple smaller properties to investing in fewer, larger-value assets. This consolidation is driven by the desire to manage land tax implications more efficiently and focus on asset classes that promise better long-term returns, such as retail and industrial properties.

Stabilising Interest Rates and Investor Activity

The stabilising of interest rates has injected some enthusiasm among key investors. With a keen eye for high-quality assets, there is a noticeable increase in activity, especially with properties that offer clear long-term growth potential. Blue chip properties have seen less competition allowing savvy investors to secure valuable assets with less opposition.

Featured Commercial Properties – For Sale / Sold

Leasing Update

The leasing market remains steady, with industrial properties performing well. The retail sector is also leasing well, particularly when solid incentives are offered to prospective tenants.

Advice and Looking Forward

Investors are encouraged to stay informed and connected as the market continues to evolve and adjust to the new taxes and interest rates. Our team are more than happy to have a confidential chat with you in respect to rent levels in certain locations or particular property issues you may be dealing with at present.


Contact Miles for your trusted source of local real estate knowledge and advice.

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