Portfolio Collection 161

Welcome to Portfolio 161

Once again we witnessed incredible results at our recent May auction, transacting $114 million for our vendors. Record breaking sales included the Goodstart Early Learning centre in Mosman NSW, achieving a 2.75% yield, the lowest ever seen in this sector.

The campaign generated strong interest throughout, resulting in an impressive success rate of 78.5% and a blended yield of 5.67%; results that clearly show the latest interest rate rise has not suppressed investor appetite.

We anticipate momentum will continue, especially after the Budget announcement last month. With focus on easing the cost of living, clean energy and Medicare, savvy investors who take advantage of the current market will certainly reap rewards later on.

Looking ahead, we’re excited to present another exceptional portfolio to finish the financial year, headline by two prized Bunnings offerings in Collingwood VIC and Young NSW.

We’re also proud to celebrate that Canberra MD, Guy Randell and Head of Agency NSW, Yosh Mendis, were honoured with top accolades at REA Group’s AREA Awards, reflecting their dedication and success in our industry.

Portfolio Listings and Insights