The Industrial Land Shift

NATIONAL OVERVIEW

SYDNEY

MELBOURNE

BRISBANE

PERTH

ADELAIDE

CONTACT INFORMATION

THE INDUSTRIAL LAND SHIFT

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Submarket State Of Play

Sydney's industrial land supply profile varies considerably across its submarkets, both in terms of the quantum of land avail

abl e and its capacity to support near

-term development. The Outer

West accounts for the majority of active and longer

-term supply, although infrastructure delivery and ownership constraints cont

inue to influence the rate at which land can be absorbed.

Elsewhere, supply is increasingly concentrated within a limited number of major estates, and development

-ready land across estab lished infill markets remains extremely scarce.

ACTIVE LAND SUPPLY

LONG TERM LAND SUPPLY

SUPPLY DYNAMICS & CONSTRAINTS

SUBMARKET

• Active supply is concentrated within the Mamre Road Precinct at Kemps Creek, which collectively accounts for around half of t active land stocks. The balance includes select estates at Badgerys Creek and Bradfield, as well as remaining parcels at East

he submarket’s

ern Creek, Horsley

Park and Erskine Park.

2,526 hectares

• Fragmented private ownership remains a constraint to development. The progression of the longer infrastructure delivery and servicing timeframes. • Although the headline number is substantial, servicing and associated infrastructure are expected to occur at a pace similar

-term pipeline will ultimately de

pend on

OUTER WEST

649 hectares

to demand. Data

centre activity also presents upside risk to land absorption given the availability of scalable sites.

• Active supply is concentrated within a small number of major estates, including ESR’s Moorebank Intermodal Precinct and Chart

er Hall estates

at Minto and Smeaton Grange.

• Opportunities outside these estates remain limited, particularly for larger requirements, with the average lot size below thr ability to deliver sites at scale constrained. • Longer -term supply is limited at just 59 hectares and is largely concentrated within smaller, privately owned lots at Leppington

ee hectares and the

SOUTH WEST

86 hectares

59 hectares

, Austral and

Gregory Hills. Site consolidation will be important to the development of much of this land.

• Active supply is underpinned by the Marsden Park Business Park and ESR’s Huntingwood Logistics Estate. • Outside these estates, land availability is fragmented and generally limited in scale, restricting opportunities for larger i

ndu strial developments.

NORTH WEST

81 hectares

132 hectares

At 132 hectares, the longer

-term supply pipeline remains modest relative to the Outer West and is concentrated around St Marys a

nd

Riverstone. Several large parcels towards Marsden Park North are actively seeking rezoning to industrial use which will provi

de a long -term

supply relief.

• Development -ready land remains extremely scarce, with just 13 hectares of active supply across the West and Central West and no

active

supply identified within the North or South. • Longer -term supply is higher, and includes the 65

ESTABLISHED INFILL MARKETS

-hectare Botany Industrial Park, although extensive remediation works are requi

red before

13 hectares

106 hectares

development can occur.

• Future supply will increasingly rely on the redevelopment of existing industrial assets.

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