Western Australia The industrial and service sectors of the commercial property market are expected to show the greatest growth for the state’s commercial property market.
Rural All Western Australian rural property members expect the rural property market to be steady in the first half of 2013, where rural property prices will hold at current levels.
Real estate business outlook All Western Australian members expect their businesses to grow in the coming six months.
Responses
As shown in the graph below, 57% of members say 60-80% of their business comes from sales; 29% say 40-60% comes from sales; while 14% say only up to 20% comes from sales.
0-20% (0%)
21-40% (14.29%)
41-60% (28.57%) Answer
61-80% (57.14%)
81-100% (0%)
The remainder of their respective business comes from property management, which is expected to represent the most active sector for 14% of members, while 86% say it will be residential sales. The majority of members (57%) expect staff numbers to remain the same, however, 43% expect to put on additional staff.
2013 Property Market Outlook | First National Real Estate
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