Blog

Strong Demand for Space in CBD, St Kilda Rd – Jun 2011

Several leases have shown that demand for large floor plates is strong, particularly in the CBD and St Kilda Road, according to agent Lemon Baxter.

Richard Curtain, Manager of commercial, industrial sales and leasing at Lemon Baxter, said many businesses would move to larger premises with higher rents, but there was a shortage of large premises for lease in St Kilda … Read more »

Commercial & Industrial Economic Forecast – Jul 2011

Australian Economic Outlook

 

The economy hit a soft patch late last year just as the Reserve Bank last raised interest rates. This was compounded by the impact of floods and cyclone on mining and agricultural production and exports. As a result, consumer confidence has steadily weakened throughout 2011 and business investment in most sectors outside of mining remains subdued.

 

Even so, we … Read more »

Speak to The Experts – Aug 2011


Commercial and Industrial Property Experts
 

Should you be considering selling, leasing or require your property interests to be professionally appraised or managed,

contact us today on 03 9699 7500 for immediate attention.

 

Lemon Baxter Gets Results!

Eco-friendly Buildings Have Higher Value – Sept 2011

Green office buildings are valued higher than other buildings, the first significant Australian report on the subject has shown.

Office buildings that rated highly using either the National Australian Built Rating System (NABERS) Energy or Green Start schemes also have lower vacancy, outgoings, incentives and yields, building a stronger case for landlords to invest in sustainable development.

The study quantifying premiums for green … Read more »

Rate Cut in Prospect as Economy Falters – Oct 2011

The Reserve Bank has left its key interest rate unchanged for another month, ignoring for now the gathering signs of a slowdown in growth at home and abroad.

The dollar dived as the RBA indicated that it is prepared to cut interest rates ”to provide some support for demand,” pending fresh inflation figures for the September quarter.

For now, though, the central bank … Read more »

Rate Cut Based on Flawed Reasoning – 2 Nov 2011

Bearish economist Steve Keen says there are a few flawed reasons for the Reserve Bank interest rate cut.

“They have cut rates this time around not because they are proactive, but because they are reactive to their own flawed modelling.

“The only economic models that the RBA use are neoclassical, so by definition they have deficiencies in their modelling,” Keen wrote on The … Read more »

ABBA World Record! Lemon Baxter Official Sponsors – 17 Nov 2011

ABBA World Record! Lemon Baxter Official Sponsors Bjorn Again, the official ABBA tribute band attended a fundraising event at Kew Primary School last week. As a fundraiser event, we came up with the concept of having the largest number of ABBA impersonators in one room for the Guinness Book of World Records day around the world which was last Thursday A … Read more »

Home Values Rise For First Time In 2011 – 30 Des 2011

Homeowners have received a bout of good news at year’s end, with a private survey showing the first rise in capital city home values in 11 months.

Capital city home values lifted 0.1 per cent in November – the first increase since December 2010, according to the RP Data-Rismark Home Value Index. Regional house values also increased the most since December 2010, … Read more »

Australia Inundated by Wave of Foreign Investors – 22 Des 2011

FOREIGN investors have bought $3.7 billion worth of commercial property this year, accounting for 37% of transactions, according to CBRE.

According to CBRE this is the highest level of offshore investment by share and absolute terms in almost 20 years.

All sales over $AU20 million shows $AU9.8 billion worth of properties changed hands in 2011 up 13% than the previous year, of which … Read more »

Why January Can Be A Good Month to Buy Property – 9 Jan 2012

Prime holiday times like January can present opportunities for those looking to buy a house, which can translate to lower prices and more flexible conditions for a better buy.

Holiday periods are definitely slower times in the market cycle, when many people are tied up with vacations and families.

Fewer buyers mean less competition and the added benefit for buyers to … Read more »