16 Mar 2021
The COVID-19 environment continues to affect the day-to-day operation of facilities and how we live our lives. Through all the adversity, the self storage industry has seen one of the strongest occupancy, fee rate and revenue growth periods on record.

Occupancy levels have been a standout metric with most markets showing positive uplift since the prior June 2020 study. This reversal in trend has seen some zones reach record occupancy levels, Adelaide a standout in its overall increase.

Storage Fee Rates and revenue position results were strong, with only a single zone showing a decrease in Storage Fee Rates. Perth and Outer Brisbane were highlights, but positive results in those COVID-19 impacted zones was also welcome.

The data in this report relates to the six months from June 2020 to December 2020. 

Take a look through the report to see how your region is doing.

Sign up below to receive the latest Urbis Storage Index and all future releases.

This report complements our comprehensive set of professional services including transaction management, valuations, feasibilities, and consulting research. It joins our suite of specialised research, which includes the Urbis Self Storage Tracker and the work behind the Storage Interactive Platform. 

Should you have any questions or would like your facility to be involved with the Index, please get in contact with the team.

Shane Robb View Profile
Scott Hinds View Profile
Albert Au-Yeung View Profile