Insights H1 2025 | 33 Joe Burgun of Commercial Dubbo says owner occupiers are continuing to drive the local market with investors cautiously watching yields, and waiting for expected interest rate falls in 2025. “We are seeing astute and experienced investors confidently seize opportunities in a softer market before potential interest rate cuts increase competition,” notes Joe. The retail and office sectors, especially in prime locations, have shown unexpected resilience. However, Joe says the industrial market remains the best performer, driven by a scarcity of standalone warehouses. Rising land costs and limited releases of industrial-zoned land have further contributed to elevated property values in Dubbo’s industrial property market. Joe adds, “Investors are increasingly focusing on alternative assets such as fast food retail, childcare centres and medical facilities, which are becoming mainstream commercial assets due to strong occupancy rates and yields comparable to traditional asset types.” Joe Burgun joe@rhdubbo.com.au Dubbo Office Industrial Retail Rents p/m² Vacancy Yields Rates p/m² Six-month market outlook For more information, contact: Office Industrial Retail Rents p/m² $200-$400 $75-$200 $200-$700 Vacancy 5-8% <5% 5-8% Yields 5-8% 5.5-6.5% 5-8% Rates p/m² $2,000-$4,000 $1,000-$3,000 $2,500-$5,000 Current market conditions $2,050,000 82-86 Erskine Street, Dubbo Recent Notable Transactions SOLD $758,000 2/1 Commercial Avenue, Dubbo SOLD
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