An all-time high level of sales volume recorded in the Suburban office market contributed to the second highest ever level of Non-CBD office investment activity, surpassing $1 billion for only a second time.
Office investment sales activity ($10m+) in the Melbourne Non-CBD office markets over 2015 totalled $1.22 billion across 39 properties. The volume of sales achieved in 2015 was 67% higher than the long term average, but 42% lower than the record high level of 2014.
Source : Knight Frank