Further reports suggest that the Australian property market may well have reached its peak, and that a fall in prices is imminent. This article claims that investors in the market will put over AUD 5bn worth of office towers, shopping malls, and logistics centres up for sale ﻿over the final quarter of the year, partly due to the record high prices, and partly because the next three months has typically represented a strategic time to sell property, (﻿so as to record the proceeds in end of year results)﻿.
Further reports suggest that the Australian property market may well have reached its peak, and that a fall in prices is imminent. This article claims that investors in the market will put over AUD 5bn worth of office towers, shopping malls, and logistics centres up for sale ﻿over the next three months, partly due to the record high prices, and partly because the final quarter of the year has typically represented a strategic time to sell property, (﻿so as to record the proceeds in end of year results)﻿.