October Market Update: Overseas Buyers Drive Business Sales

Despite a slight dip in local activity, the business market remains buoyant thanks to strong interest from overseas buyers. These international investors are snapping up businesses across a wide range of sectors, demonstrating confidence in the local economy.

This surge in activity has led to a flurry of deals, with many businesses currently under offer. Brokers are anticipating a busy lead-up to Christmas as they work to finalise these transactions.

While business values haven’t fully recovered to their peak of four to five years ago, they are steadily firming up. This positive trend, coupled with the influx of overseas buyers, suggests a healthy and promising outlook for the business market.