Infrastructure Changing our Cities

The Federal and State Governments have committed to significant transport infrastructure which is materially changing the make-up of our CBDs and opening up non-CBD expansion areas.

Key micro economic considerations

• Greater support for concentrated residential development on main transport networks
• Retail demographic analysis confirms a change in retail spending with increased online alternatives and greater demand within larger centres for services and entertainment-based experiences
• A historical lack of commercial product and high levels of demand in Sydney and Melbourne CBDs have resulted in a complete re-rating of rents
• Increasing conversions of previous commercial property and the more challenging planning regulations is limiting supply
• Intense infrastructure investment and new premium and A-Grade projects are lifting values and attracting off shore and local investment capital