2024-10-29-莱坊-Melbourne_Industrial_Precinct_Q3_2024_6页_1mb

Summary of Melbourne Industrial Precinct Analysis

• Southeast Precinct: Remains the most expensive with prime net rents at $139/sqm and experienced a significant lease-up decline of 29.6% quarter-on-quarter (Q/Q).

• North Precinct: Has the highest vacancy rate at 5.2% compared to Melbourne overall of 3.0%; saw a large lease-up decline of 57.7% Q/Q. It is projected to be the fastest-growing precinct in 2025 with 407,728 sqm of new supply.

• West Precinct: Expected to have the largest new supply in 2024, with 701,144 sqm to be completed by the end of the year.

• East Precinct: No specific data provided in the report for comparison or detailed analysis.