Australian Industrial Horizons

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LOGISTICS & INDUSTRIAL RESEARCH | INDUSTRIAL HORIZONS

SUPPLY & STATUS

Outer North Adelaide’s Outer North represents xx% of the city’s total industrial land supply (xx hectares); however, active land supply stocks are more limited at just xx hectares and is led by the Direk and Edinburgh precincts. Constraining active land supply in the submarket are the large land holdings owned by Renewal SA, some of which are unlikely to be available for development until later in the decade. Notably, this includes over 125 hectares at Edinburgh North. Inner North Active land supply within the Inner North currently totals almost 50 hectares, underpinned by the Port Adelaide precinct. Similar to the Outer North, significant parcels of vacant industrial zoned land is owned by Renewal SA, albeit some sites are currently being offered to the market for sale. Beyond this, there are pockets of active land supply within Wingfield and Gillman. Land availability in key precincts such as Regency Park is more constrained which is reflected in the continued growth in land values. West Adelaide’s West is highly land-constrained, reflective of the competing uses within the precinct including residential and the Adelaide Airport. As a result, our analysis shows just under seven hectares of total industrial land supply and includes landholdings surrounding the Airport and at North Plympton. Land supply is led by Renewal SA owned land on Mooringe Avenue, North Plympton. South Industrial land supply in the South submarket is highly fragmented and a large share of undeveloped land stocks fall below one hectare in size. The Lonsdale area underpins industrial zoned supply in the area with topography constraints on a number of sites being prohibitive for development. The longer-term pipeline could potentially include Port Stanvac; however, it is yet to be classified as functional development land and there are likely to be substantial contamination and remediation works required for large sections of the site.

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