Melbourne Industrial Outlook 2026
Structural vacancy, re-priced yields and where disciplined capital is moving across Victoria's industrial corridors.
Melbourne's industrial market entered 2026 with vacancy under 2 percent across the primary corridors — a rare confluence of constrained supply, sustained tenant demand and re-priced yields.
For sophisticated investors, the opportunity is no longer simply exposure to industrial. It is precision — the ability to acquire the right asset, in the right sub-market, on terms that reflect the underlying fundamentals rather than headline sentiment.
Our view is that the next twelve months favour off-market acquisition, long WALE income to investment-grade tenants, and infill sites with functional obsolescence upside.
Full article to follow.