Queensland

Brisbane Industrial Research

February 2019 highlights:

  • Steady demand and modest supply completions during 2018 has brought vacancy down by a further 14% over the year and under average levels for the first time in five years.
  • Land value growth is continuing with high pre-commitment activity spurring construction in 2019 and continued speculative development expected. Some transactions of large raw land parcels emerging.
  • Yields have continued to fall due to sustained investor demand, particularly offshore buyers. Turnover of Brisbane assets broached $1 billion during 2018. the highest level recorded.

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Written By

Jennelle Wilson
Partner, Research & Consulting, QLD
+61 7 3246 8830
Jennelle.Wilson@au.knightfrank.com

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