12 November 2025
To better understand current trends shaping Queensland’s industrial property sector, we spoke with our National Director of Commercial Industrial Valuations, Emma Carter.
The Queensland industrial property market continues to demonstrate resilience, with conditions stabilising after several years of rapid growth. Land values remain near record highs, supported by a long-term undersupply of suitably zoned and serviced industrial land across Southeast Queensland. While price escalation has slowed, strong fundamentals – particularly population growth, infrastructure investment and the expansion of logistics and manufacturing activity – continue to underpin sustained demand.
Occupier enquiry levels remain healthy, led by logistics, warehousing and building-related industries. However, tenants are becoming increasingly selective, favouring well-connected sites with efficient layouts, higher clearances and strong sustainability credentials. New facilities are now expected to incorporate energy-efficient lighting, solar generation and improved water management systems as standard, with landlords investing in these upgrades to meet corporate ESG requirements and maintain tenant retention.
Development activity has moderated due to increased construction costs and cautious lending conditions, resulting in fewer speculative projects. Most new supply is tied to pre-commitments or owner-occupier developments, particularly within established corridors such as Brisbane’s South and Western precincts, Logan and Ipswich. Despite a modest rise in vacancy levels, available stock remains tight by historical standards.
From an investment perspective, pricing for well-located industrial assets has largely stabilised, with yields flattening after the outward movement seen through 2023 and early 2024. Investor confidence is gradually returning, supported by expectations of lower interest rates in 2026 and the enduring appeal of the sector’s strong income performance and limited future land supply.
Overall, Queensland’s industrial market remains one of the most resilient and tightly held asset classes nationally, with quality and sustainability continuing to define market competitiveness.
For expert advice on Queensland’s industrial property market or to discuss a professional valuation, contact Emma Carter today.
