Postcard from Sydney

Each city in Australia offers a slightly unique real estate investment perspective.  Let’s take a closer look at Sydney:

• Deep liquid market: Sydney accounts for 45-50% of transaction value in Industrial and Office sectors. It accounts for ~35% of Residential transactions (by value) and ~30% of Retail asset value.
• Investment destination: Sydney has been ranked a Top 3 city in seven out of the past ten years for APAC investment prospects.
• Home of capital advisory: 95 leading firms in capital advisory are housed in Sydney CBD. Collectively they account for +500,000 sqm of prime office space.
• Trains, Airports, Mixed use, Hospitals: +$100bn investment in transforming infrastructure including Aerotropolis, Metro trains, Westconnex, Western Harbour tunnel, Parramatta light rail, Central precinct, Harbourside, Westmead Hospital and Fish Markets. 
• Consumer: By 2033, Sydney’s population is likely to be 6.3, with 3.4m workers and average income of $144,000.  This could add $190bn pa to pre-tax wallets.
• Liveability: Sydney ranks highly in global city rankings, particularly on low crime rate and quality of living. It also hosts four iconic festivals including Vivid, Ramadan Nights, New Year Harbour fireworks and Mardi Gras.