October 2017 :: Trends and Insights
Pressure on Industrial Land Prices and Supply
The availability of larger broad acre sites favoured by major developers has tightened in all major industrial areas of Melbourne.
The acute supply situation in the south-eastern areas of Melbourne, notably the Dandenong region, is well known and noted.
Many developers have had the vision to position themselves well ahead of this tightening, whereas others have reached the end of their land development cycle phase.
Both the western and northern regions of Melbourne have greater availability. However, many developers have their landbanks well set up to meet the development opportunities now and in the future.
Would-be developers looking the enter market will quickly realise much of the land banking has already occurred.
