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  • The Stability of Private Hospital Strata Suites in the Face of Varying Cash Rates

    The commercial real estate sector, particularly private hospital strata suites, exhibits remarkable resilience amid economic shifts. Despite fluctuating cash rates, the demand for these essential healthcare facilities remains inelastic, driving consistent price growth from 2008 to 2023. Limited supply and stringent regulations bolster this trend, making these properties a stable and strategic investment for medical professionals. The sector’s immunity to broader economic conditions positions it as an attractive option for those looking to secure a future in healthcare services.

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  • Australia’s Healthcare Industry Faces Severe Worker Shortage: Addressing the Crisis

    Australia’s healthcare industry is confronting a critical shortage of workers, a challenge intensified by the aging population and a 15% surge in medical service demand expected in the next three years. With 1.7 million current jobs, the healthcare sector is the nation’s largest employer, representing 30% of the workforce. However, a daunting forecast predicts over 100,000 worker shortages by 2025.

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  • Commercial Property Outlook for 2024

    Despite challenges, 2024 promises investment opportunities in commercial real estate, especially in resilient sectors like medical properties, essential retail, and recovering office spaces, amid a high-interest rate environment.

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  • Repurposing Commercial Buildings into Dedicated Medical and Allied Health Precincts in Australia

    The article highlights Australia’s growing trend of transforming commercial buildings into medical precincts. This approach addresses healthcare challenges and revitalises communities, though adapting buildings to medical standards can be challenging. Successful examples include Melbourne’s former Myer store and Geelong’s Ford factory, showcasing benefits like enhanced healthcare access and economic growth.

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  • Rising Cost of Healthcare in Australia and What it Means for Patients and Providers

    This article explores the rising healthcare costs in Australia, now averaging $8,617 per person, driven by factors like an aging population, advanced medical technology, and expensive pharmaceuticals. It highlights the financial burden on patients and the cost-cutting pressures on providers, suggesting solutions like increased government funding and more affordable health insurance.

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