Eastern Seaboard Industrial Vacancy Update Q2 2023

The Q2 2023 statistics resulted in a slight increase in the overall vacancy rate, following historical lows in Q4 2022 of 0.5% (0.6% in Melbourne, 0.1% in Sydney and 0.9% in Brisbane). 

This has occurred in a market where the levels of new construction and supply for the 2021 and 2022 years were well ahead of the longer term averages in almost every location. Rental growth is now at record strength, with deals showing significant growth which is supported by both increased face rentals and falling incentives.

Click on the thumbnail below to download a copy of the report.

To delve into the data further, you can access our Industrial Vacancy Dashboard:

• Access the data on tap, where you want, when you want
• Slice the data in multiple scenarios, by geography, grade or size
• See all vacant stock, updated quarterly

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