Brisbane Industrial Property Market Outlook
- Bill Costello
- Mar 12
- 2 min read
Updated: Mar 13
What We’re Seeing on the Ground
It’s no secret the industrial property market in Queensland is tight, and competitive. Whether it’s land or sheds, demand continues to outweigh supply, and it’s not slowing down any time soon.
Here’s a quick look at what’s driving things, and what we’re seeing from the ground up.
What’s Driving Demand?
There’s no single factor; it's the combination that counts:
E-commerce growth: Since COVID, the boom in online shopping has driven the need for more warehousing and logistics space. If you’re buying something online, someone needs a shed to store, pack and dispatch it, and that footprint is growing fast.
Private investors: More investors are moving from residential into industrial, chasing longer-term leases and stronger returns. Industrial assets offer fewer headaches than residential, and a reliable income stream.
Owner-occupiers: We’re also seeing more businesses buying properties to lease back to themselves, sometimes through SMSFs, sometimes through internal investment, locking in stability and backing their own growth.
All this drives competition and pushes up prices.
Land Snapshot: Brisbane to Toowoomba
Industrial land remains tight across South-East Queensland, with limited supply in established logistics precincts and strong demand from developers and owner-occupiers.
Below is a rough guide to indicative serviced industrial land values based on recent market activity.
Region | Price per m² | Key Points |
Eagle Farm / Pinkenba | ~$1,000/m² | Close to port, airport and arterials, logistics central. |
Seventeen Mile Rocks / Wacol | $600–$800/m² | Strong second-tier precinct with great access. |
Yamanto / Ipswich / Redbank | $400–$600/m² | More space, but still competitive. Big developers active. |
Toowoomba and surrounds | ~$200/m² | Lower entry point, but infrastructure’s catching up fast. |
Indicative values only. Actual pricing varies depending on zoning, servicing, lot size and development stage.
Across the board, stock is low, and most large parcels are being snapped up by major players like Goodman, Dexus and Centennial.
Timing and Strategy: What Matters
The market is fast, and buyers need to be ready. If you're entering the market now, you need a short, sharp contract. That means pre-approvals in place, due diligence done, and confidence in your numbers, before you even put pen to paper.
Why? Because if you’re not ready, you’ll miss the property. It’s that competitive.
Off-Market Is Where We Win
One of the key ways we add value at Costello Group is through our off-market access. We build long-term relationships with owners and agents, giving our clients a seat at the table before a property hits the market.
That means no bidding wars, no price blowouts, just clean deals with better terms. Once something’s on market, it's already been picked over. We prefer to find it first.
In Summary
Land is scarce. Prices are high. And the only way to get ahead is by being prepared and playing smart.
If you're looking at industrial property in SEQ, talk to people who are in the market every day. We know what’s moving, what’s coming, and how to help you get in front of the right property at the right time.
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