RESEARCH
AUSTRALIA’S high-performing industrial market will continue to see mixed vacancy rate movements across sub-markets in 2025, with ongoing high amount of new stock...
New data from JLL shows Melbourne continued to boast the lowest vacancy rate of the eastern seaboard markets in the September quarter, with a rate of just 3.12%...
South-east Melbourne is the only precinct of scale to record declining vacancy over the quarter. The nearly-11 million sqm precinct has just
Sydney saw a slight uptick to 3.95% vacancy across its 23.1 million sqm, while Brisbane’s strong population trends helped the 13.6 million sqm market to...
JLL head of strategic research – Australia, Annabel McFarlane told Australian Property Journal Australian cities “attract a lot of population, and population has a very nice...
The population increase by itself can create significant demand because we’re all shopping, we’re all buying goods...
The demand story is mixed. At the moment it’s around the logistics sector, because with weakening consumer sentiment and retail spending, their contracts have not quite...
JLL data shows the average gross take-up of industrial space over the last 15 years is 2.7 million sqm, and that there has been a softening in the second half of 2024, with the total...
However, it’s still robust. Think of it as more normalising than pulling back substantially. It’s just not quite as mad as it was through the middle of the pandemic...
McFarlane said the forecast mixed vacancy results for 2025 “indicate that it’s a supply-led vacancy story rather than a demand softening story...
There’s quite a bit of elevated stock and an elevated level of construction happening. But what we’re seeing is that developers have started to be more considered around starting...
Despite some 2.3 million sqm of warehouses currently under construction across the country and a normalisation in demand following the pandemic boom, Australia’s industrial...
What we have noticed is that the inner suburbs within our precincts – the ones that are closer to the port and the CBD – they currently have lower vacancy and are outperforming in...
According to Savills’ most recent Industrial Shed Briefing, major markets such as Sydney west, Melbourne west and Brisbane southside have all seen rental growth stall...