{"id":2253,"date":"2022-04-02T02:14:01","date_gmt":"2022-04-02T02:14:01","guid":{"rendered":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/"},"modified":"2022-04-02T02:14:01","modified_gmt":"2022-04-02T02:14:01","slug":"surging-demand-sees-cbds-bounce-back","status":"publish","type":"post","link":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/","title":{"rendered":"Surging demand sees CBDs bounce back"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><strong>From lockdowns to social distancing, high vacancy rates to people working from home, and even closed down cafes, bars and shops \u2014 our <u><a href=\"https:\/\/propertyupdate.com.au\/the-cbd-isnt-dead-workers-will-return-to-the-inner-city-but-work-looks-different-now\/\">CBD<\/a><\/u>s took a beating during the Covid-19 pandemic.<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-161157 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/02\/cbd-300x225.jpg\" alt=\"Cbd\" width=\"300\" height=\"225\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/02\/cbd-300x225.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/02\/cbd.jpg 800w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/>The influx of <u><a href=\"https:\/\/propertyupdate.com.au\/economy-thrives-while-cbds-dive-the-argument-that-cbds-are-the-engine-rooms-of-the-australian-economy-is-being-tested-right-now\/\">CBD-based workers<\/a><\/u>, visitors, and new residents have been key in CBDs maintaining their role as centres for activity and employment.<\/p>\n<p>So since our borders shut and life as we knew it ceased, these business centres slowly <u><a href=\"https:\/\/propertyupdate.com.au\/how-covid-all-but-killed-the-australian-cbd\/\">shut down too<\/a><\/u>.<\/p>\n<p>But now the tide is turning.<\/p>\n<p>Since the announcement that the country would welcome back overseas migrants and students, <u><a href=\"https:\/\/www.realestate.com.au\/insights\/australias-struggling-cbds-set-for-renewed-growth-as-demand-for-city-rentals-surges\/\">PropTrack data<\/a><\/u> shows that there has been a sharp rise in the number of people looking to rent homes in the centre of major cities.<\/p>\n<p>Amazingly, the total number of searches for rentals in capital city CBDs in the first 10 weeks of this year was 27% higher than the same period in 2021.<\/p>\n<p><a href=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/03\/001-2.png\"><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-162801 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/03\/001-2-1160x828.png\" alt=\"001\" width=\"1160\" height=\"828\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/03\/001-2-1160x828.png 1160w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/03\/001-2-300x214.png 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/03\/001-2-970x692.png 970w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/03\/001-2.png 1270w\" sizes=\"auto, (max-width: 1160px) 100vw, 1160px\"\/><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-162576 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/03\/melb-cbd-300x200.jpg\" alt=\"Melb Cbd\" width=\"300\" height=\"200\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/03\/melb-cbd-300x200.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/03\/melb-cbd.jpg 600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/>Melbourne\u2019s CBD comes out on top with the highest growth in rental searches across the country \u2013 at 46%.<\/p>\n<p>The next closest is Sydney CBD with 17%, followed by Brisbane CBD with an 11% increase in interest.<\/p>\n<p>In fact, the <a href=\"https:\/\/www.realestate.com.au\/insights\/australias-struggling-cbds-set-for-renewed-growth-as-demand-for-city-rentals-surges\/\">PropTrack data<\/a> also reveals that over the past 6 months, every capital city except Darwin has seen the average number of views per listing surge.<\/p>\n<p>Over this time, the Adelaide CBD saw the biggest jump in average views per rental listing (up 88%), followed by Docklands (61%), and the Melbourne CBD (47%).<\/p>\n<p><strong>Why?<\/strong><\/p>\n<p>In the 12 months prior to the COVID-19 pandemic, 10% of all CBD rent searches on realestate.com.au came from overseas, REA Group economist <u><a href=\"https:\/\/www.realestate.com.au\/news\/author\/anne.flaherty\/\">Anne Flaherty<\/a><\/u> explains.<\/p>\n<p>Unsurprisingly, this figure collapsed when the Morrison government decided to implement a hard border closure which lasted for the best part of 2 years.<\/p>\n<p>But now the international <u><a href=\"https:\/\/propertyupdate.com.au\/will-international-borders-reopening-revive-inner-city-rents\/\">border has reopened<\/a><\/u>, the share of overseas searches has begun to recover, surpassing 10% in both January and February, Flaherty points out.<\/p>\n<p>The data shows that the United Kingdom accounts for the largest share of overseas searches for rentals on realestate.com.au, followed by the United States and then New Zealand.<\/p>\n<p>Indonesia, Japan, and India round out the top six.<\/p>\n<blockquote>\n<p><em>\u201cThe number of permanent and long-term arrivals into Australia from overseas has risen substantially since the end of last year,\u201d <\/em>she says.<\/p>\n<p><em>\u201cCompared to domestic renters, international migrants and students are more likely to live in inner-city suburbs, and their return is supporting demand for these properties.\u201d<\/em><\/p>\n<\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-94203 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2017\/09\/Melbourne-Downtown-CBD-Skyline-300x200.jpg\" alt=\"Melbourne Downtown Cbd Skyline\" width=\"300\" height=\"200\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2017\/09\/Melbourne-Downtown-CBD-Skyline-300x200.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2017\/09\/Melbourne-Downtown-CBD-Skyline-768x512.jpg 768w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2017\/09\/Melbourne-Downtown-CBD-Skyline-1024x683.jpg 1024w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2017\/09\/Melbourne-Downtown-CBD-Skyline-1160x773.jpg 1160w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2017\/09\/Melbourne-Downtown-CBD-Skyline.jpg 1254w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/>She adds that changes in search volumes are particularly important for inner-city unit markets in Melbourne and Sydney, which were hardest hit by the pandemic.<\/p>\n<p>Over the past two years, the median cost to rent a unit in the Melbourne CBD fell by a whopping 29%, while rents in the Sydney CBD dropped 13%.<\/p>\n<blockquote>\n<p><em>\u201cThese markets now seem to have passed the bottom of the cycle, and the reopening of our borders should support further growth,\u201d<\/em> Flaherty says.<\/p>\n<\/blockquote>\n<h2>The impact of Covid-19 on Australia\u2019s CBDs<\/h2>\n<p>The influx of CBD-based workers, visitors, and new residents have been key in maintaining their role as centres for activity and employment.<\/p>\n<p>However, when the Covid-19 pandemic first started, it caused a <u><a href=\"https:\/\/propertyupdate.com.au\/the-impact-of-covid-19-on-australias-cbds\/\">profound shift in purchasing and visitation behaviours<\/a><\/u> of Australians.<\/p>\n<p>Our CBD\u2019s bore the brunt of social distancing requirements, trading restrictions, job losses, and large numbers of office-based workers working from home, with most CBD workers and shoppers typically travelling from middle and outer suburbs.<\/p>\n<p>A NAB <u><a href=\"https:\/\/image.research.nab.com.au\/lib\/fe9a12747762047e75\/m\/5\/92b94a42-22a3-40b5-b918-9148e5be4c5c.pdf\">consumer insight report<\/a><\/u>, released at the time, showed that around 6 in 10 Australians either stopped visiting their CBD or visited less \u2013 almost 1 in 5 have stopped visiting altogether (even higher for the over 50s).<\/p>\n<p>Melbourne was the most affected state (over 7 in 10 people stopped or visited less), followed by Sydney.<\/p>\n<p>Darwin was the least impacted but 29% were still visiting less. Hobart and Perth also dropped (44% overall).<\/p>\n<p>Top reasons Australians stopped visiting\/or visited less often were having no reason to do so, social distancing\/fear of Covid, preferring to shop\/eat locally, expensive parking, not wanting to use public transport, too many closed shops\/cafes\/restaurants, working from home and lack of life\/vibrancy.<\/p>\n<h2>Remember: Not all properties make good investments<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-161158 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/02\/cbd-jobs-300x225.jpg\" alt=\"Cbd Jobs\" width=\"300\" height=\"225\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/02\/cbd-jobs-300x225.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/02\/cbd-jobs.jpg 800w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/>Even though the CBD apartment market looks set to enjoy renewed growth now that Australia\u2019s hard border closure has ceased, it doesn\u2019t mean it makes good investment sense to buy in these areas.<\/p>\n<p>In fact, I would say that very few CBD apartments can be regarded as <u><a href=\"https:\/\/propertyupdate.com.au\/is-the-investment-grade-apartment-market-primed-for-growth\/\">investment-grade<\/a><\/u>.<\/p>\n<p>Why?<\/p>\n<p>Because a good investment property is one that has scarcity, a high land to asset ratio, and a depth of buyer demand.<\/p>\n<p>Whereas CBD apartments lack scarcity (an oversupply in some cases) or owner appeal meaning the value increase will always be minimal if any at all.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-152301 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/04\/Sydney-cbd-300x169.jpg\" alt=\"Sydney Cbd\" width=\"300\" height=\"169\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/04\/Sydney-cbd-300x169.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/04\/Sydney-cbd-1230x692.jpg 1230w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/04\/Sydney-cbd-1536x864.jpg 1536w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/04\/Sydney-cbd-2048x1152.jpg 2048w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/04\/Sydney-cbd-1160x653.jpg 1160w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/>What investors should look for instead is family-friendly apartments in inner- and middle-ring suburbs in good neighbourhoods.<\/p>\n<p>These make much more investment sense, especially during a time when the gap between house and unit prices is the largest it has been in a long time.<\/p>\n<p>Most importantly, I always recommend that people engage a reputable and experienced buyers\u2019 agent to assist them with selecting the right property to invest in.<\/p>\n<p><span style=\"color: #ff9900;\"><strong>ALSO READ:<\/strong><\/span> <a href=\"https:\/\/propertyupdate.com.au\/suburbs-with-the-smallest-price-gap-between-houses-and-apartments\/\" target=\"_blank\" rel=\"noopener\">Suburbs with the smallest price gap between houses and apartments<\/a><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/propertyupdate.com.au\/surging-demand-sees-cbds-bounce-back\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] From lockdowns to social distancing, high vacancy rates to people working from home, and even closed down cafes, bars and shops \u2014 our CBDs took a beating during the Covid-19 pandemic. The influx of CBD-based workers, visitors, and new residents have been key in CBDs maintaining their role as centres for activity and employment. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,38],"tags":[],"class_list":["post-2253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-property-investment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Surging demand sees CBDs bounce back | Urban Buyer: Buyers Agent &amp; Advocates | Best Property Buyers For You<\/title>\n<meta name=\"description\" content=\"From lockdowns to social distancing, high vacancy rates to people working from home, and even closed down cafes, bars and shops \u2014 our CBDs took a beating\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Surging demand sees CBDs bounce back\" \/>\n<meta property=\"og:description\" content=\"From lockdowns to social distancing, high vacancy rates to people working from home, and even closed down cafes, bars and shops \u2014 our CBDs took a beating\" \/>\n<meta property=\"og:url\" content=\"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/\" \/>\n<meta property=\"og:site_name\" content=\"Urban Buyer: Buyers Agent &amp; Advocates | Best Property Buyers For You\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-02T02:14:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/04\/cbd-1-1160x773.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1160\" \/>\n\t<meta property=\"og:image:height\" content=\"773\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"urbanbuyer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"urbanbuyer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/\"},\"author\":{\"name\":\"urbanbuyer\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#\\\/schema\\\/person\\\/e512343607f0603098a628b2f082e58d\"},\"headline\":\"Surging demand sees CBDs bounce back\",\"datePublished\":\"2022-04-02T02:14:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/\"},\"wordCount\":861,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/cbd-1-1160x773.jpg\",\"articleSection\":[\"Latest\",\"Property Investment\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/\",\"name\":\"Surging demand sees CBDs bounce back | Urban Buyer: Buyers Agent &amp; Advocates | Best Property Buyers For You\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/cbd-1-1160x773.jpg\",\"datePublished\":\"2022-04-02T02:14:01+00:00\",\"description\":\"From lockdowns to social distancing, high vacancy rates to people working from home, and even closed down cafes, bars and shops \u2014 our CBDs took a beating\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#primaryimage\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/cbd-1-1160x773.jpg\",\"contentUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/cbd-1-1160x773.jpg\",\"width\":1160,\"height\":773},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Surging demand sees CBDs bounce back\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#website\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/\",\"name\":\"Urban Buyer: Buyers Agent &amp; Advocates | Best Property Buyers For You\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Organization\",\"Place\"],\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\",\"name\":\"Urban Buyer\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/\",\"logo\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#local-main-organization-logo\"},\"image\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#local-main-organization-logo\"},\"telephone\":[],\"openingHoursSpecification\":[{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Monday\",\"Tuesday\",\"Wednesday\",\"Thursday\",\"Friday\",\"Saturday\",\"Sunday\"],\"opens\":\"09:00\",\"closes\":\"17:00\"}]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#\\\/schema\\\/person\\\/e512343607f0603098a628b2f082e58d\",\"name\":\"urbanbuyer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g\",\"caption\":\"urbanbuyer\"},\"sameAs\":[\"https:\\\/\\\/urbanbuyer.wpengine.com\"],\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/author\\\/urbanbuyer\\\/\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/surging-demand-sees-cbds-bounce-back\\\/#local-main-organization-logo\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/UB-Logo-Colour.png\",\"contentUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/UB-Logo-Colour.png\",\"width\":3920,\"height\":761,\"caption\":\"Urban Buyer\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Surging demand sees CBDs bounce back | Urban Buyer: Buyers Agent &amp; Advocates | Best Property Buyers For You","description":"From lockdowns to social distancing, high vacancy rates to people working from home, and even closed down cafes, bars and shops \u2014 our CBDs took a beating","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/","og_locale":"en_US","og_type":"article","og_title":"Surging demand sees CBDs bounce back","og_description":"From lockdowns to social distancing, high vacancy rates to people working from home, and even closed down cafes, bars and shops \u2014 our CBDs took a beating","og_url":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/","og_site_name":"Urban Buyer: Buyers Agent &amp; Advocates | Best Property Buyers For You","article_published_time":"2022-04-02T02:14:01+00:00","og_image":[{"width":1160,"height":773,"url":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/04\/cbd-1-1160x773.jpg","type":"image\/jpeg"}],"author":"urbanbuyer","twitter_card":"summary_large_image","twitter_misc":{"Written by":"urbanbuyer","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#article","isPartOf":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/"},"author":{"name":"urbanbuyer","@id":"https:\/\/royabhishek.in\/urbanbuyer\/#\/schema\/person\/e512343607f0603098a628b2f082e58d"},"headline":"Surging demand sees CBDs bounce back","datePublished":"2022-04-02T02:14:01+00:00","mainEntityOfPage":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/"},"wordCount":861,"commentCount":0,"publisher":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization"},"image":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#primaryimage"},"thumbnailUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/04\/cbd-1-1160x773.jpg","articleSection":["Latest","Property Investment"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization"}},{"@type":"WebPage","@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/","url":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/","name":"Surging demand sees CBDs bounce back | Urban Buyer: Buyers Agent &amp; Advocates | Best Property Buyers For You","isPartOf":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#website"},"primaryImageOfPage":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#primaryimage"},"image":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#primaryimage"},"thumbnailUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/04\/cbd-1-1160x773.jpg","datePublished":"2022-04-02T02:14:01+00:00","description":"From lockdowns to social distancing, high vacancy rates to people working from home, and even closed down cafes, bars and shops \u2014 our CBDs took a beating","breadcrumb":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#primaryimage","url":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/04\/cbd-1-1160x773.jpg","contentUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/04\/cbd-1-1160x773.jpg","width":1160,"height":773},{"@type":"BreadcrumbList","@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/royabhishek.in\/urbanbuyer\/"},{"@type":"ListItem","position":2,"name":"Surging demand sees CBDs bounce back"}]},{"@type":"WebSite","@id":"https:\/\/royabhishek.in\/urbanbuyer\/#website","url":"https:\/\/royabhishek.in\/urbanbuyer\/","name":"Urban Buyer: Buyers Agent &amp; Advocates | Best Property Buyers For You","description":"","publisher":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/royabhishek.in\/urbanbuyer\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Organization","Place"],"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization","name":"Urban Buyer","url":"https:\/\/royabhishek.in\/urbanbuyer\/","logo":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#local-main-organization-logo"},"image":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#local-main-organization-logo"},"telephone":[],"openingHoursSpecification":[{"@type":"OpeningHoursSpecification","dayOfWeek":["Monday","Tuesday","Wednesday","Thursday","Friday","Saturday","Sunday"],"opens":"09:00","closes":"17:00"}]},{"@type":"Person","@id":"https:\/\/royabhishek.in\/urbanbuyer\/#\/schema\/person\/e512343607f0603098a628b2f082e58d","name":"urbanbuyer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g","caption":"urbanbuyer"},"sameAs":["https:\/\/urbanbuyer.wpengine.com"],"url":"https:\/\/royabhishek.in\/urbanbuyer\/author\/urbanbuyer\/"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/royabhishek.in\/urbanbuyer\/surging-demand-sees-cbds-bounce-back\/#local-main-organization-logo","url":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2021\/08\/UB-Logo-Colour.png","contentUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2021\/08\/UB-Logo-Colour.png","width":3920,"height":761,"caption":"Urban Buyer"}]}},"_links":{"self":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/posts\/2253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/comments?post=2253"}],"version-history":[{"count":0,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/posts\/2253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/media\/2254"}],"wp:attachment":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/media?parent=2253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/categories?post=2253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/tags?post=2253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}