With an average sale price of under $5 million, childcare centres continue to be an attractive option for investors looking to get into commercial property.
According to Ray White, average metropolitan yields remain below 5.5 per cent, with some sales this year as low as 4.8 per cent, rivalling many other more established property asset classes.
The first five months of 2024 have seen just over $200 million in sales, with a strong emphasis on metropolitan assets.
However, volumes remain below the peak in 2021, which saw over $1 billion in assets change hands.
