April Wrapped

"Last month the team attended the sod-turning for our latest development, Plex4305 at Flinders View — a collection of 20 industrial units designed to service the growing Ipswich community. We also had a busy month transacting, with 7 properties either contracted or having agreed terms, these include a mix of development sites and investments across multiple asset types, with several more in the final stages of negotiation. This ongoing activity highlights continued demand in both the development and investment sectors for well-located, correctly priced assets. And with the federal election now being finalised, whether good, bad or ugly, it gives the market some solidarity for the short to medium term future.

There was also the ever-present “networking” on the golf course, with Grant attending the annual AMG Brisbane Golf Day at Royal Queensland."

—Grant Brix, Founder/ Director

Market Overview

April saw a natural dip in productivity, shaped by three short weeks, school holidays, and the lead-up to the federal election — all contributing to a slower pace in decision-making and deal activity. Despite this pause, buyer and tenant sentiment remains positive, with many gearing up to re-engage as we head into May.

The re-election of the Albanese government on May 3 will at a minimum provide a sense of political stability, which is expected to help restore momentum when coupled with growing anticipation of an interest rate cut at the upcoming RBA meeting on May 20. Confidence is returning, particularly among owner-occupiers and investors seeking to capitalise on more favourable lending conditions.

For more information, please contact our Founder/Director, Grant Brix on grant@quartzcorp.com.au or 0488 241 193.

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