Australian Industrial Horizons
20
LOGISTICS & INDUSTRIAL RESEARCH | INDUSTRIAL HORIZONS
SUPPLY & STATUS
Perth Active Industrial Land Supply by Submarket
Perth has 1,179 hectares of vacant industrial-zoned land across the city, 57% of which is accounted for by the South submarket. While overall land stocks are tightest within the North, the East is the most land-constrained market of active land supply, with very few opportunities remaining in core precincts such as Kewdale and Welshpool. This has been the catalyst behind continued land value growth in these precincts, despite elevated construction costs and yield expansion in recent years. Active land supply across Perth totals 507 hectares, again led by the South submarket, which accounts for 63% of this total. We note this is contained in a select number of larger lots, with seven parcels in the South accounting for over 70% of all vacant zoned industrial land in the submarket.
NORTH 106 ha
Perth Industrial Land Status
EAST 81 ha
1,179 ha Total Vacant Industrial Land Stocks
672 ha Inactive Industrial Land Stocks
507 ha Active Industrial Land Stocks
SOUTH 320 ha
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