PERTH
THE INDUSTRIAL LAND SHIFT | 28
NATIONAL OVERVIEW SYDNEY MELBOURNE BRISBANE
ADELAIDE CONTACT INFORMATION
Industrial Land Take-up And Years Remaining
Perth recorded 95 hectares of industrial land take-up in 2025, the highest annual level on record and well above the 10-year average of 61 hectares. Unlike the East Coast markets, where several large transactions drove activity, Perth’s result was supported by a broader range of occupier requirements, with just 15% of land take-up (by number) attributable to the five largest transactions. This reflects Perth's dominance of sub-6,000 sqm industrial requirements. The East recorded the strongest absorption at 42 hectares, led by pre-commitment activity within Hazelmere. Perth’s South contributed a further 38 hectares, supported by speculative development at Dexus’ Ascent Industrial Park and continued land absorption across the Forrestdale and Rockingham precincts. Land take-up so far in 2026 has remained solid with just over 40 hectares absorbed; however, the key challenge for maintaining current land take-up volumes will be the availability of serviced industrial land within Perth's core precincts. As development progressively shifts towards outer growth areas, occupiers will increasingly need to balance occupancy costs against higher freight and distribution costs.
Perth Industrial Land Take-up (hectares)
100
80
60
40
20
0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10-Year Average
Perth 2025 Industrial Land Take-up Share by Submarket
420 ha ACTIVE LAND SUPPLY
305 ha DEVELOPER CONTROLLED ACTIVE SUPPLY
16%
East
65 ha BASE CASE ANNUAL TAKE-UP (Five-year annual average)
65 ha BASE CASE ANNUAL TAKE-UP (Five-year annual average)
44%
South
North
40%
6.5 YEARS ACTIVE LAND SUPPLY REMAINING
4.7 YEARS DEVELOPER-CONTROLLED ACTIVE LAND SUPPLY
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