NATIONAL OVERVIEW
SYDNEY
MELBOURNE
BRISBANE
PERTH
ADELAIDE
CONTACT INFORMATION
THE INDUSTRIAL LAND SHIFT
| 20
Industrial Land Take -up And Years Remaining
Melbourne recorded just over 280 hectares of industrial land take
-up in 2025, the highest
Melbourne Industrial Land Take
-up (hectares)
level nationally and almost 25% above the 10
-year average. Activity remained concentrated
within a small number of institutional estates and was increasingly influenced by hyperscale data centre acquisitions across the West and North.
350
300
Unlike previous years, where take
-up was primarily driven by industrial development, 2025
saw data centre operators become a significant source of industrial land absorption, accounting for around a quarter of total land take -up for the period. Melbourne's South East remains an active development market, and as a result, the submarket accounted for almost half of land take -up in 2025, and stems from continued development across institutional estates including Salta's Nexus Estate at Dandenong South and ESR's Greenlink Estate at Cranbourne West. Momentum has continued into 2026, with more than 100 hectares already absorbed. Recent transactions include Zerra DC's acquisition of approximately 18 hectares at the former Ford Broadmeadows site, reinforcing the growing influence of digital infrastructure on Melbourne's industrial land market.
250
200
150
100
50
0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10-Year Average
Melbourne 2025 Industrial Land Take
-up Share by Submarket
1,258 ha ACTIVE LAND SUPPLY
903 ha DEVELOPER CONTROLLED ACTIVE SUPPLY
19%
South East
260 ha BASE CASE ANNUAL TAKE -UP (Five -year annual average)
260 ha BASE CASE ANNUAL TAKE -UP (Five -year annual average)
West
47%
North
East
34%
4.8 YEARS ACTIVE LAND SUPPLY REMAINING
3.5 YEARS DEVELOPER -CONTROLLED ACTIVE LAND SUPPLY
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