2026-02-09-莱坊-Brisbane_Industrial_State_of_the_Market_Q4_2025_2页_839kb

报告摘要

Brisbane Industrial State of the Market Summary - Q4 2025

Core Content Overview

The Brisbane industrial market experienced strong performance in Q4 2025, driven by solid leasing demand and a reduction in vacancy rates. This led to sustained rental growth and increased investor activity, with notable developments and tenant commitments.

Key Market Trends

Rental Growth

Prime rents increased by 1.4% in Q4 2025, with an annual growth of 6.3%.
Secondary rents rose by 0.7%, achieving an annual growth of 3.3%.
Prime incentives eased to 12.6%, down 30 bps quarter-over-quarter, but still 90 bps higher year-over-year.

Vacancy Rates

Overall vacancy rate decreased to 5.0%, reflecting improved demand.
South precinct saw the largest decline in vacancy, dropping 64,234sqm to 5.3%.
Existing secondary space was the primary source of leasing take-up in the South precinct.

Leasing Take-Up

Q4 2025 recorded the highest quarterly leasing take-up in three years, reaching 251,433sqm.
Total 2025 take-up reached 847,797sqm, a 4% increase year-over-year.

Industrial Market Indicators

Precinct	Prime Net Face Rent ($/sqm)	% Change q/q	Land Values <5,000 sqm ($/sqm)	Land Values 1-5 ha ($/sqm)	Vacancy (sqm)	Vacancy Rate (%)	Take-Up (sqm)	Prime Core Market Yield (%)
Trade Coast	215	2.8	1,360	927	169,046	4.3	33,153	5.64
Northern	185	1.6	900	720	75,379	4.3	10,715	5.80
South	166	0.6	825	661	245,532	5.3	117,792	5.93
South West	167	1.2	760	645	184,386	5.5	68,773	6.06
South East	163	0.6	940	790	97,480	5.7	21,000	6.05
Brisbane	179	1.4	957	749	771,823	5.0	251,433	5.89

Recent Significant Tenant Commitments

Tenant	Property	Precinct	Lease Type	Size (sqm)	Net Rent ($/sqm)	Term (yrs)
Wallenius Wilhelmsen	44 Stradbroke St, Heathwood	South	Existing	30,086	u/d	u/d
Manheim	50 Tradecoast Dr, Eagle Farm	Trade Coast	Speculative	22,504	185	10
Country Care Group	26 Industrial Cr, Acacia Ridge	South	Existing	9,714	148	10
Indya Foods	1B, 278 Orchard Rd, Richlands	South West	Existing	5,051	125	1
State of QLD	46-50 Mica St, Carole Park	South West	Existing	4,783	203	10

Recent Significant Sales

Property	Precinct	Price ($m)	GLA (sqm)	$/sqm	Purchaser	Vendor	Yield (%)	WALE
95 Gilmore Rd, Berrinba	South	101.80	41,318	2,464	Cadence Property	CapitaLand	u/d	-
Fife Industrial Portfolio*	South West	204.50	52,320	3,909	Uni Super/ Richmond Bridge	Fife Capital	5.76	7.2
405 Newman Rd, Geebung	North	72.50	22,388	3,350	Gateway Capital	QIC/Fife Capital	6.00	4.5
140 Wecker Rd, Mansfield	South	53.00	13,164	4,026	Pittwater Industrial Pty Ltd	EG Funds	5.92	3.6
38 Birdwood Cr, Redbank	South West	27.96	33,906 site	825^	Kent Removals	Goodman Group	Site	-

Three properties located at 43-91 Rudd St, Oxley, 11-29 Argyle Pde, Darra and 104 Bandarra St, Richlands
^ on site area

Major Developments

Property	Precinct	GLA (sqm)	Completion Date	Developer	Lease Type
4499-4651 Mount Lindsey Hwy, North Maclean	South	40,939	Complete	Charter Hall	Pre-committed
347 Lytton Rd, Morningside	Trade Coast	19,290	Complete	Fife Capital	Speculative
15 & 25 Goulburn Rd, Willawong	South	15,298	Q1-26	Mainfreight	Owner Occupied
50-80 Manton St, Morningside	Trade Coast	11,679	Q1-26	Centennial	Speculative
6-32 Weedman St, Redbank	South West	14,946	Q2-26	Goodman	Pre-committed

Contact Information

Industrial Logistics, QLD
Mark Clifford
+61732468802
Mark.clifford@au.knightfrank.com
Industrial Investments, QLD
Elliot Ryan
+61732468828
elliot.ryan@au.knightfrank.com
Valuation & Advisory, QLD
Tom Hadfield
+61731936822
tom.hadfield@au.knightfrank.com
Research & Consulting
Ben Burston
+61290366756
ben.burston@au.knightfrank.com
Research & Consulting
Jennelle Wilson
+61732468830
jennelle.wilson@au.knightfrank.com
Research & Consulting
Wade Leofa
+61735168816
Wade.leofa@au.knightfrank.com