Australian Retail Market Overview 2Q21

2Q21 statistics on the national Australia Retail markets

August 06, 2021

Transaction volumes totalled AUD 7.2 billion in the last 12 months, 10% above volumes recorded in the 12 months prior (AUD 6.5 billion). Activity picked up in the June quarter, with AUD 2.7 billion of transactions recorded – the strongest quarter since 4Q19 (AUD 3.6 billion). 

There have been 11 sales over AUD 100 million recorded in 2021YTD, with nine of these occurring in 2Q21, representative of the greater certainty around pricing and income for medium-sized assets. After being on market for an extended period of time, the sale of Clifford Gardens (AUD 145 million), Oasis Shopping Centre (AUD 103.5 million) and Rundle Place (AUD 210 million including car park) over the quarter represents a the gradual convergence of buyer and vendor expectations.

Fill out this form to download report

There was an error submitting the form. Please try again. 


Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally, the personal information we collect from you are for the purposes of downloading materials you have requested.

We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.