MELBOURNE
THE INDUSTRIAL LAND SHIFT | 20
NATIONAL OVERVIEW SYDNEY
BRISBANE PERTH ADELAIDE CONTACT INFORMATION
Industrial Land Take-up And Years Remaining
Melbourne recorded just over 280 hectares of industrial land take-up in 2025, the highest 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. 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.
Melbourne Industrial Land Take-up (hectares)
100 150 200 250 300 350
0 50
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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