Sales in South Sydney on the increase

The latest research from Cityscope for commercial property in South Sydney reveals that sales have increased for the fourth consecutive quarter.

Sales recorded over the three months to December 2011 totalled $200.4 million, as compared to $87.2 million for the previous quarter and $74.7million for the corresponding period in the previous year.

The latest data shows that total sales for the twelve months to December 2011 came to $380.9 million, down from $520.9 million for the twelve months to December 2010. It was, however, an increase on the total sales for the twelve months to September 2011, which came to $256.1 million.

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