Melbourne headlines strong industrial property markets across majority of capital cities: HTW

Melbourne headlines strong industrial property markets across majority of capital cities: HTW
Joel RobinsonDecember 7, 2020

Five of the eight capital cities have positive in their industrial property market, according to valuation firm Herron Todd White's latest industrial property clock.

Melbourne is the strongest as it approaches the peak of the market, while industrial space in Sydney, Brisbane and Hobart is classed as a rising market.

Adelaide is starting to recover.

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Melbourne headlines strong industrial property markets across majority of capital cities: HTW

There's not great news for Canberra, which is in a declining market.

Perth and Darwin are at the bottom of the market.

The best performing areas are in country New South Wales, where Dubbo and Griffith markets are at their peak.

The Gold Coast is also at the peak of its industrial property market.

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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