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#59 The future of commercial property: Demographic shifts you need to know

Inside Commercial Property

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Shifts in Australia’s Office Market Post-COVID

This chapter explores the changing dynamics of the office market in Australia following the COVID pandemic, emphasizing the rise of fringe office spaces in suburban areas over central business districts. It highlights demographic shifts driven by urban sprawl, migration trends, and the evolving preferences of millennials towards more affordable workspaces. The discussion also addresses the future demand for commercial properties and neighborhood shopping centers amidst changing consumer behaviors and urban planning challenges.

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