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Commercial Market Update – Richmond Cityscope February 2021

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The latest research from Richmond Cityscope shows property sales value have decreased in the past three months.

Sales recorded in the quarter to February 2021 totalled $29.7 million with 6 sales, a decrease from the $34.9 million recorded in the three months to November 2020 but an increase from the $15.1 million recorded in the three months to August 2020.

This data brings the 12-month total to $88.3 million, a significant decrease from the $304.6 million recorded for the same time last year.

The table below shows sales recorded for the past eight updates of Richmond Cityscope.

Richmond Sales Grid

Recent standout sales in Richmond include:

  • 375-377 Punt Road, Richmond, a 6-storey building consisting of 17…



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