Prop Weekly
Australian commercial property — news, market data and listings, every week
Week of 21 August 2026
THIS WEEK IN COMMERCIAL PROPERTY · MONETARY POLICY
RBA keeps cash rate steady at 4.35% amid ongoing uncertainties
The Reserve Bank has chosen to hold the official cash rate, indicating that while inflation remains a concern, the Board is closely monitoring mixed economic signals.
Commercial Property · 11 August 2026
MORE THIS WEEK
10 stories
RESEARCH
A new era for CRE: investors pivot to income-led strategies
With a rate pivot on the horizon, investors are shifting from opportunistic plays toward long-term income strategies.
JLL · 19 Aug 2026
RETAIL
Fund-through deals surge in supermarket-anchored retail
A shortage of finished assets is pushing buyers to lock in supermarket-anchored centres before completion.
Stonebridge · 18 Aug 2026
HERITAGE
Five historic bank buildings hit the Australian market
Restored country estates and prime regional corner sites offer heritage architecture with commercial upside.
Commercial Property · 20 Aug 2026
INDUSTRY
Colliers Residential named RICS Agency of the Year finalist
Recognition reflects service delivery and transaction success ahead of the 2026 RICS Australia Awards.
Colliers · 10 Aug 2026
PEOPLE
Specialist Freddy Kosasih re-joins Colliers Australia
Kosasih points to collaborative culture and platform strength behind his return to the national team.
Colliers · 9 Aug 2026
PEOPLE
Why top talent is returning: James Trescowthick
Trescowthick on growth opportunities and platform support behind his return to investment services.
Colliers · 2 Aug 2026
MONETARY POLICY
RBA keeps cash rate steady at 4.35%
The Reserve Bank holds its cash rate while monitoring mixed economic signals and an uncertain outlook.
Commercial Property · 11 Aug 2026
OFFICE
Brisbane CBD vacancy falls below historical average
Vacancy tightened to 10.2%, the strongest-performing capital city CBD in the July survey.
Property Council · 6 Aug 2026
OFFICE
Canberra vacancy hits third-highest rate on record
Negative net demand pushed the market to 14.7%, a 4.5-point rise over six months.
Property Council · 6 Aug 2026
OFFICE
Melbourne office market stabilises as vacancy eases
CBD vacancy edged down to 18.9%, though Melbourne still records Australia’s highest capital-city rate.
Property Council · 6 Aug 2026
TOP 5 TRANSACTIONS — LAST WEEK
Week ending 22 August 2026
ASSET
BUYER
SECTOR
VALUE
YIELD
Southpoint, 275 Grey St
South Brisbane, QLD LDR Capital / Lederer Group Office / Retail $255.0m ~8.0% Charter Hall convenience retail
QLD + SA CH Convenience Retail Fund Retail $216.7m n/d Parklea Markets
Parklea, NSW Revelop Retail / Dev $150.0m n/d Clock Hotel + Bank Hotel
Sydney, NSW Charter Hall + Australian Venue Co Hospitality $94.0m ~5.0% McGraths Hill Home
North-west Sydney, NSW Centennial Large-format $66.8m 5.6%
South Brisbane, QLD LDR Capital / Lederer Group Office / Retail $255.0m ~8.0% Charter Hall convenience retail
QLD + SA CH Convenience Retail Fund Retail $216.7m n/d Parklea Markets
Parklea, NSW Revelop Retail / Dev $150.0m n/d Clock Hotel + Bank Hotel
Sydney, NSW Charter Hall + Australian Venue Co Hospitality $94.0m ~5.0% McGraths Hill Home
North-west Sydney, NSW Centennial Large-format $66.8m 5.6%
INDICES
RBA CASH RATE
4.35%
Held steady · August 2026
OFFICE VACANCY · JUL 2026
National16.1%▲0.3
CBD average14.9%▲0.1
Non-CBD average18.9%▲0.6
CBD VACANCY BY CITY
Brisbane10.2%▼1.6
Sydney13.3%▼0.5
Canberra14.7%▲4.5
Perth15.4%▼1.5
Adelaide16.3%▲0.8
Melbourne18.9%▼0.1
RETAIL TRANSACTION VOLUME
Q2 2026$3.4bn
Rolling annual$13.6bn ▲30%
Sources: PCA Office Market Report (Jul 2026), Savills Retail (Aug 2026)
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Classifieds
Top 10 for sale & for lease listings nationally · Week of 23 August 2026
FOR SALE
View all properties for sale →
FEATURED SALE
TypeRetail / office portfolio
Price>$1.0bn
Size122,500 sqm GLA
AgencyCBRE
NotesEOI campaign launching Sep 2026
TypeHotel / leisure / development
Price$35,000,000
Size2,707 sqm (1,600 sqm site)
AgencyFor Sale By Owner
NotesVacant possession
TypeFast food / retail investment
Price$15,000,000 guide
SizeNot disclosed
AgencyStonebridge
Notes20-year net lease
TypeRetail / hospitality
PriceOffers north of $8m
Size1,919 sqm
AgencyCushman & Wakefield
NotesEOI closes 9 Sep 2026
TypeOffice / medical
PriceOver $7,950,000
Size1,380 sqm
AgencyCorwells
NotesFreehold multi-tenanted
TypeOffice / retail
Price$7,300,000 ex GST
Size1,858 sqm
AgencyColliers
NotesFully leased; $599,789 pa net
TypeOffice
Price$7,000,000 ex GST
Size2,070 sqm
AgencyColliers
Notes11 tenancies; 66% occupied
TypeOffice
Price$6,000,000 ex GST
Size1,849 sqm
AgencyColliers
Notes10 tenancies; 76% occupied
TypeDevelopment site / land
Price$5.5m–$6.0m
Size534 sqm
AgencyCreate Real Estate
NotesFreehold at city edge
TypeIndustrial / showroom
Price$5,500,000 + GST
Size835 sqm
AgencyBelle Property Perth
NotesHigh-exposure warehouse
FOR LEASE
View all properties for lease →
FEATURED FOR LEASE
TypeIndustrial / hardstand
PriceContact agent
Size1,000–50,000 sqm
AgencyCentennial / Colliers
NotesReady to occupy
TypeIndustrial / warehouse
PriceContact agent
Size1,000–30,000 sqm
AgencyNot disclosed
NotesUnder construction
TypeIndustrial / warehouse / office
PriceContact agent
Size1,500–20,000 sqm
AgencyCBRE / One Commercial
Notes161 car spaces
TypeCommercial land
PriceContact agent
Size5,000–20,000 sqm
AgencyBelle Property
NotesAvailable immediately
TypeIndustrial / warehouse
PriceContact agent
Size16,850 sqm
AgencyCBRE / Colliers
NotesB-double friendly
TypeOffice
PriceContact agent
Size200–15,000 sqm
AgencyStockland / CBRE
NotesFlexible configurations
TypeOffice / retail
PriceContact agent
Size1,034–10,045 sqm
AgencyNot disclosed
NotesDA-approved A-grade tower
TypeOffice
PriceContact agent
Size2,250–10,000 sqm
AgencyETC. Melbourne
NotesContiguous floors
TypeIndustrial / warehouse
PriceContact agent
Size7,089–8,796 sqm
AgencyColliers
NotesAvailable now
TypeDevelopment site / depot
PriceContact agent
Size~8,000 sqm
AgencyLJ Hooker United
NotesSheds and site office
Prop Weekly
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