Brisbane June 2025 Commercial & Industrial Market Update

Brisbane’s commercial and industrial market is powering ahead in June 2025, driven by record infrastructure spend, Olympic-led development, and strong migration-led population growth. From infill logistics to suburban medical precincts and government-led decentralisation, Brisbane is delivering layered opportunities across office, industrial, and mixed-use land. With high land absorption and construction pressures still influencing supply, well-positioned properties continue to attract national attention and price resilience across key submarkets.

Olympic Infrastructure Is Repositioning Entire Suburbs

The 2032 Olympic Games have become a powerful trigger for long-range investment and precinct activation. Multiple city-fringe locations are now seeing early-stage uplift from infrastructure rollout — attracting developers looking to secure sites ahead of competition.

• Brisbane Live and Gabba precinct upgrades are driving residential-commercial mixed-use interest in Woolloongabba, Bowen Hills, and Spring Hill

• Olympic broadcast, logistics, and event services are spurring industrial land uptake in Pinkenba, Eagle Farm, and Rocklea

• Suburbs with train connectivity and staging capability are drawing capital into strategic sites for lease-back or repositioning

Inner Metro Industrial Remains Tightly Held

Despite strong land supply on the fringes, Brisbane’s inner industrial areas remain tightly held and highly sought after. Mid-size tenants and owner-occupiers are particularly active in established areas like Northgate, Mansfield, and Coopers Plains — pushing up values for well-located land and small warehouses.

• Inner ring industrial vacancy sits below 2%, with competition for sheds under 2,000sqm at record levels

• Freestanding industrial assets are achieving $2,800–$3,600/sqm, with further growth expected

• Owner-occupier purchases remain strong due to limited leasing availability and finance incentives

Western Growth Corridor Expands Industrial Reach

Logistics and freight operators continue to focus on the western corridor. Areas such as Richlands, Wacol, and Darra remain hotspots for new builds, cold storage, and high-clearance logistics centres. Land pricing has risen sharply, but delivery continues due to strong pre-commitment demand.

• Richlands is home to some of Brisbane’s largest DCs, with new builds ranging from 5,000–25,000sqm

• Wacol industrial estates are nearing full occupation, with developers shifting focus to subdivision and staged delivery

• Western corridor land values have grown by 22% year-on-year, driven by population density and arterial road access

Office Sector Decentralises into Metro and Suburban Nodes

Brisbane’s office sector is spreading out. Government agencies and professional service firms are taking up long-term leases in suburban office hubs and mixed-use precincts, helping reduce pressure on CBD vacancy rates and delivering consistent tenant activity in key suburban zones.

• A-grade and government-leased buildings in Eight Mile Plains, Chermside, and Strathpine are attracting private investors

• New suburban strata office developments are launching in Bulimba and West End, with strong pre-sales

• Incentives remain high in the CBD, but suburban absorption rates are rising with fitout-ready and co-working options

Land Supply Constraints in Moreton Bay and Logan

Both Moreton Bay and Logan are experiencing supply bottlenecks for zoned, serviced industrial land. While both councils have approved significant greenfield land, slow civil rollout and high construction costs are delaying delivery — increasing competition for available land and pushing prices north.

• Logan’s Yatala and Berrinba precincts are facing short-term land constraints despite long-term pipeline strength

• Developers are staging projects across Narangba, Elimbah, and Strathpine, where infrastructure is partially complete

• Industrial land is transacting at $500–$700/sqm in growth corridors, depending on zoning and size

Market Outlook: Brisbane Maintains Upward Pressure

Overall, Brisbane’s commercial and industrial property sectors remain strong — underpinned by government spend, structural population growth, and infrastructure alignment. Tenants and developers continue to compete for premium locations, while long-term plays are being made across Olympic-linked corridors and fast-growing suburban nodes.

• The 2032 Olympics have created a 12-year capital planning window, ideal for medium-term landbanking and investment

• Developers with pre-committed tenants are still securing build-to-suit financing, despite rising construction costs

• Mixed-use precincts with health, office, and light retail are becoming the preferred model across suburban Brisbane

How Commercial Property Marketing Can Help

At Commercial Property Marketing, we help you capture the opportunity across Brisbane’s most active corridors. Whether you’re launching a new industrial project, repositioning a suburban office hub, or seeking early-leasing traction in an Olympic precinct, we create 3D masterplans, marketing campaigns, and IMs that cut through.