WESTERN SYDNEY TEAM UPDATE

The CivicMJD Western Sydney Team is positioned in Parramatta and has witnessed extensive re development throughout the Parramatta CBD which has enhanced this location and business opportunities. The office is managed by directors and senior valuers which are professionals across commercial, retail, industrial, development, rural residential, going concern and specialised property segments and have an exceptional understanding of the Greater Western Sydney commercial market. The Parramatta office also presents a strong graduate program where individuals are mentored and work closely with senior staff in all aspects of valuation.

Over the span of 2022 the Parramatta team witnessed an everchanging environment met by a shifting economy resulting in changing property market conditions spanning across multiple asset classes. In order to mitigate these risks, the team employed resources such taking advantage of established relationships with leading commercial and residential agents and allied property professionals to fathom an understanding of the most up-to-date market affairs. The attended numerous seminars to further enhance their understanding of the current economic climate and up and coming industry changes.

Over the span of 2022 the Parramatta team witnessed an everchanging environment met by a shifting economy resulting in changing property market conditions spanning across multiple asset classes.

In order to mitigate these risks, the team employed resources such taking advantage of established relationships with leading commercial and residential agents and allied property professionals to fathom an understanding of the most up-to-date market affairs.

The attended numerous seminars to further enhance their understanding of the current economic climate and up and coming industry changes.

CivicMJD Western Sydney Team.

2022 Valuation highlights for the team included:

-Mortgage valuations for rural residential properties which includes undertaking valuations which incorporates areas including ‘The Hills’ area, Blue Mountains, and southwestern markets.

Mortgage valuations for development properties which includes land subdivisions, residential and mixed-use development sites and specialised projects. CivicMJD Parramatta has been heavily involved in the rapidly increasing subdivision sites focused on markets in Riverstone, Box Hill, Marsden Park, Leppington, Austral and immediate areas.

-Mortgage valuations for industrial properties which incorporates undertaking valuations for strata units, strata complexes and freestanding industrial buildings which vary in age and size.

2023 has already provided a challenging, albeit exciting year for the Parramatta team as economic concerns become apparent and have altered the property market in many segments. New clients are welcome to contact the Parramatta office for any enquiries. We also thank our existing clients and look forward to an exciting and productive remainder 2023!

CivicMJD Western Sydney – Parramatta.