_The established and emerging industrial markets in Brisbane

A combination of competing land uses such as residential, zoning restrictions, and an insatiable demand from developers to control industrial landbanks, has led users to seek locations previously not considered.

Mark Clifford January 21, 2020

To understand potential land pricing, we have assessed recent transactions in two distinct categories of established infill locations and emerging locations within Brisbane.

The traditional Brisbane logistics corridor mirroring the Logan Motorway is suffering from a dearth of large land opportunities to meet the needs of the ever-increasing demand from the logistics sector. This has caused institutional developers and users to seek alternative locations. The “pack’ appear to be heading west along the Ipswich Motorway to existing locales of Richlands and Wacol and the rapidly expanding Redbank Peninsula.

Evidence of land sales in these areas include:

There has also been very significant leasing commitments by Coles and Australia Post.

Emerging Market Assessment

In the short to medium term even these markets will suffer from a significant land supply shortage especially for larger parcels (>10ha), which will lead to developers/occupiers seeking the next “big thing” in the market. There are zoned locations further from the CBD but most suffer from infrastructure inadequacies.