In 2024, Western Sydney’s commercial market has faced several challenges, including a sustained peak interest rate of 4.35%, construction cost pressures, and shifting investor expectations.
In this report, our team of commercial real estate specialists has shared their expert insights across the fields they excel in, covering industrial, development sites, blocks of units, office, residential development, Asian markets, retail, and childcare sectors.
We delve into the challenges and experiences encountered by each asset class throughout the year, along with our predictions for the next 12 months.