SELF STORAGE
PERFORMANCE INDICATORS March 2026
HIGHLIGHTS The SSPI monitors the performance of major self storage markets across Australia and New Zealand. Sourcing data from nearly 280 self storage facilities and contributions from major operators in each region, it offers the most accurate and comprehensive insights into the market performance of the Trans-Tasman self storage sector. The March 2026 results indicate that average storage fee rates continued to rise across all monitored markets, reinforcing the sector’s ability to maintain pricing momentum despite a softer demand environment. Brisbane recorded the strongest lift (3.28%), followed by Melbourne (2.40%) and Sydney (2.19%), with more moderate gains in Perth (1.86%), Auckland (1.45%) and Adelaide (0.55%). In contrast, occupancy continued to recalibrate, with five of the six markets recording a decline. The softening was most pronounced in Melbourne (3.59%) and Auckland (2.40%), while Sydney remained comparatively stable and was the only market to post a marginal increase (0.07%). RevPAM outcomes were mixed. Brisbane (3.71%), Sydney (3.70%) and Perth (2.00%) delivered the strongest growth, supported by solid rate increases and relatively contained occupancy movement. In contrast, Adelaide (3.85%), Auckland (2.76%) and Melbourne (0.87%) recorded declines, reflecting that recent pricing gains were not sufficient to offset weaker occupancy over the period.
Six Monthly Change
Average Storage Fee Rate Brisbane $384
+3.28%
Occupancy (by area) Sydney 87.0%
+0.07%
+3.70%
RevPAM Sydney $396
AVERAGE STORAGE FEE RATE ($/m² p.a.)
OCCUPANCY % (by area)
RevPAM ($/m² p.a.)
$500.00
95.00%
$450.00
$450.00
$400.00
90.00%
$400.00
$350.00
85.00%
$300.00
$350.00
80.00%
$250.00
$300.00
75.00%
$200.00
$250.00
70.00%
$150.00
$200.00
.
$100.00
$150.00
65.00%
Adelaide
Auckland
Brisbane
Adelaide
Auckland
Brisbane
Adelaide
Auckland
Brisbane
Melbourne
Perth
Sydney
Melbourne
Perth
Sydney
Melbourne
Perth
Sydney
SELF STORAGE
PERFORMANCE INDICATORS March 2026
MARKET METRICS
About Cushman & Wakefield Self Storage Valuation and Advisory
Average Storage Fee Rate ($/m² p.a.)
RevPAM ($/m² p.a.)
Six Month Change
Occupancy (by area)
Six Month Change
Six Month Change
Market
Cushman & Wakefield is the global leader in self storage valuation and advisory. Locally, our Australia and New Zealand Self Storage Advisory Group is recognised as the best in the business. As registered valuers in all States and Territories, our dedicated team conducts valuations for all major lenders, owners and stakeholders across Australia and New Zealand. With deep industry insight, our understanding of the self storage sector is second to none. We deliver timely, accurate and high-quality data, insights and research to support our clients in making informed decisions. Our strong connection to the self storage industry positions us as trusted advisors whether you're developing or expanding a facility, or considering a divestment through our vendor advisory services, we’re here to guide your next move.
Adelaide
$310
0.55% 84.2% -0.91% $253 -3.85%
Auckland
$371
1.45% 80.0% -2.40% $292 -2.76%
Brisbane
$384
3.28% 82.7% -0.59% $315
3.71%
Dominic Morley Divisional Director +61 458 728 660 dominic.morley@cushwake.com
Scott Hinds Director +61 415 205 882 scott.hinds@cushwake.com
Melbourne $402
2.40% 80.7% -3.59% $324 -0.87%
Perth
$396
1.86% 81.9% -2.03% $321
2.00%
Sydney
$454
2.19% 87.0% 0.07% $396 3.70%
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