The Industrial Land Shift

BRISBANE

THE INDUSTRIAL LAND SHIFT | 23

NATIONAL OVERVIEW SYDNEY MELBOURNE

PERTH ADELAIDE CONTACT INFORMATION

Submarket State Of Play

Brisbane's industrial land pipeline is becoming increasingly polarised between constrained infill markets and large greenfield growth corridors. The South continues to underpin near-term industrial development, whereas most of the longer-term pipeline is located within Brisbane's northern and western growth areas where infrastructure delivery, servicing and fragmented ownership will influence the timing of future land releases.

ACTIVE LAND SUPPLY

LONG TERM LAND SUPPLY

SUPPLY DYNAMICS & CONSTRAINTS

SUBMARKET

• The Trade Coast remains Brisbane's most strategically important and supply-constrained industrial market, protected as a Major Enterprise and Industrial Area given its role supporting the Port of Brisbane and Brisbane Airport. • The majority of remaining development opportunities are located on leasehold land within the Port and Airport precincts, limiting freehold acquisition opportunities and favouring pre-lease development. • With virtually no remaining greenfield opportunities, redevelopment of existing stock will become the primary source of future industrial supply. • The South represents Brisbane's most strategically important industrial growth corridor over the short to medium term, supported by institutional land ownership, scalable development opportunities and connectivity to Brisbane's freight network. • Active supply is concentrated within Crestmead and North Maclean, where institutional ownership is facilitating the delivery of larger, masterplanned industrial estates that are increasingly difficult to replicate elsewhere in Brisbane. • Industrial development continues to shift west as established precincts including Wacol, Richlands and Redbank approach maturity, with future supply increasingly concentrated around Bundamba and Swanbank. • Although these precincts provide significant development capacity, occupiers are increasingly balancing lower occupancy costs against longer freight movements reduced labour accessibility compared with established western precincts. • The North is becoming Brisbane's next major industrial growth corridor, supported by long-term employment planning around Caboolture and Elimbah East. Near term development capacity includes pockets within Brendale, Caboolture and North Lakes. • Much of the identified pipeline remains tied to future precinct planning and servicing and several major land holdings remain mor than four years away from becoming active land supply. • Strong owner occupier demand and development activity at key estates has rapidly diminished active land supply stocks across the submarket. Despite the healthy overall pipeline of supply, much of it remains fragmented by ownership, limiting the coordinated delivery of large-scale industrial estates. Ownership consolidation is likely to be the primary determinant of future supply rather than planning alone. • Established estates at Yatala and Stapylton continue to accommodate development, including Frasers Vantage estate, with future land releases east of the M1 Motorway remaining contingent on coordinated planning, which are expected to progressively stage development over time.

TRADE COAST

69 hectares

138 hectares

SOUTH

203 hectares

164 hectares

WEST

127 hectares

296 hectares

NORTH

216 hectares

185 hectares

M1 CORRIDOR

85 hectares

217 hectares

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