Hobart’s commercial and industrial market wrapped up 2025 with a noticeable uptick in institutional activity and investor-led acquisitions. While overall supply remains constrained, owner-occupier demand and yield-driven purchases are intensifying in key pockets, particularly around Derwent Park, Brighton, and the expanding northern freight corridor. Local developers are ramping up small lot industrial estates to meet this demand.

Northern corridor drives industrial demand

The north of Hobart continues to solidify its role as the city’s industrial engine room. Limited availability in Derwent Park and Moonah is pushing buyers further north, where infrastructure upgrades are opening new opportunities.

• Brighton Transport Hub continues to gain momentum as a key logistics node for greater Tasmania, with new speculative builds announced.

• Glenorchy and Goodwood remain hotspots for light industry, storage, and trade-based businesses.

• Land scarcity in Derwent Park is prompting older industrial assets to be refurbished or redeveloped for higher-yield outcomes.

Small-format industrial estates in focus

With institutional-grade supply limited, developers are pivoting toward small-lot strata and freehold industrial estates that cater to Hobart’s active owner-occupier and local investor base. Hybrid offerings that combine warehousing with showroom or office functions are in demand.

• Moonah saw several new small-format builds pre-lease before completion.

• Kingston’s fringe light industrial precincts are experiencing higher-than-average enquiry levels, with flexible D&C packages leading to faster commitment.

• Emerging estates near Sorell are now being positioned as alternatives for businesses priced out of the inner-north.

Institutional attention returns to Hobart

Several high-value acquisitions in Q4 2025 signalled renewed confidence in Hobart’s long-term fundamentals, with yield compression seen across selected well-leased assets.

Bought / Sold

5 Bender Drive, Derwent Park – $2.1 million sale
A 1,200sqm warehouse on 3,000sqm land parcel was sold to a private investor, reflecting strong local appetite for established industrial assets.

13/34 Howard Road, Glenorchy – $475,000 sale
Strata-titled light industrial unit purchased by a plumbing services company for long-term occupation.

Cameron Street Industrial Estate (Stage 1) – Fully sold
All lots within the new release in Brighton were contracted before Christmas, driven by strong demand from tradies and local logistics firms.

How Commercial Property Marketing can help

From pre-leasing in Brighton to strata launches in Moonah, we help commercial and industrial projects across Tasmania stand out. Our 3D visualisation, IM design, and full-stack digital campaigns help you build momentum before construction even begins.