NATIONAL OVERVIEW
SYDNEY
MELBOURNE
BRISBANE
PERTH
ADELAIDE
CONTACT INFORMATION
THE INDUSTRIAL LAND SHIFT
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Submarket State Of Play
Melbourne's industrial land pipeline is increasingly concentrated within a limited number of major precincts. Although this r delivery, ownership patterns and planning progress mean each corridor will contribute to future supply at a different pace.
eflects the natural evolution of the city, differences in infrastructure
ACTIVE LAND SUPPLY
LONG TERM LAND SUPPLY
SUPPLY DYNAMICS & CONSTRAINTS
SUBMARKET
• The West accounts for Melbourne's largest industrial land pipeline; however, around half of the supply (approximately 1,300 h delivered until 2032 at the earliest, which materially distorts headline supply. • Delivery of future land supply remains closely tied to infrastructure sequencing, utility servicing and planning progress acr
ect ares) cannot be
oss key growth
precincts.
WEST
555 hectares
2,141 hectares
• As a result, the market is likely to experience ongoing short
-term supply pressure despite the scale of the broader pipeline. Sh
ould current data
centre demand persist, competition for industrial land is expected to strengthen further, reducing land availability for trad
itional logistics and
industrial occupiers.
• The North is increasingly becoming Melbourne's major freight and logistics corridor, supported by the proposed Beveridge Inte Terminal, the Northern Freight Precinct, Melbourne Airport expansion and the future Outer Metropolitan Ring. • While the longer -term pipeline is substantial at almost 800 hectares, much of this land cannot support near infrastructure, precinct servicing and planning are progressively delivered, meaning the headline supply materially overstate
rst ate Freight
-term development unt
il freight
s d evelopment
NORTH
369 hectares
762 hectares
ready supply.
• The active land supply pipeline is centred on Craigieburn, Mickleham and Melbourne Airport; however, the North’s longer term
str ategic land
supply shifts further towards Beverage.
• The South East remains Melbourne's most established industrial market, anchored by Dandenong South and other State Significan
t Industrial
Precincts that continue to receive strong planning protection for industrial and employment uses. • Although the submarket contains more than 900 hectares of longer
-term supply, much of this is concentrated within Officer and Pa
kenham
where development remains reliant on major transport infrastructure and Precinct Structure Plan delivery before meaningful la
nd release can
SOUTH EAST
329 hectares
921 hectares
occur.
• Development -ready land across core precincts including Dandenong South continues to tighten, with redevelopment increasingly rep
lacing
greenfield expansion in these areas as the primary source of new supply.
• Industrial land availability within the East is effectively exhausted, with just six hectares of active supply remaining and
no meaningful longer -
term land supply.
EAST
6 hectares
0 hectares
• New industrial development opportunities are expected to be confined to redevelopment of existing industrial assets, with ong expected to continue supporting land values and encourage occupiers seeking larger requirements to relocate towards Melbourne
oin g scarcity
’s key growth
corridors.
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