Looking back on the last year, one thing is clear about the Brisbane Industrial property market – it tends to fluctuate. 2017 has seen a reduction of development, which means there are less properties becoming available.
In the North, prime capital values currently range from between $1,500/m2 to $2,000/m2, while secondary properties were coming in at between $800/m2 and $1,300/m2.
Capital values in the Industrial South & South-West area range from between $1,450/m2 to $2,000/m2, while secondary properties were coming in at between $750/m2 and $1,300/m2.
Capital values in the Industrial West precinct have increased since mid-2016 and currently range from between $1,300/m2 to $1,750/m2.
Average leasing rates for prime space in the Industrial South area are $105/m2 to $130/m2, with secondary grade space at approximately $65/m2 to $90/m2.
There is no faster growing industrial and trade region in Australia than the Australia TradeCoast. Currently there are 32 industrial precincts with prime capital values ranging between $1,550/m2 to $2,300/m2.
Finally, Brisbane’s M1 Corridor has attracted major attention from local and global distributors and investors are remaining active. Capital values have increased in the M1 region recently and currently range from between $1,450/m2 to $1,950/m2, while secondary properties posted a small decrease and were coming in at between $800/m2 and $1,300/m2.