• Strong performance from all industrial sectors to Q3 2017 resulted in the strongest industrial GDP growth (2.6% y-o-y) since June 2012
  • Average industrial rents were flat q-o-q, with growth in Sydney and Melbourne offset by continued rental declines in Perth.
  • Sydney super prime yields are the sharpest in the country at 5.33% followed by Melbourne at 5.50%. No further yield compression was recorded in Q4.
  • Land values continued to grow strongly with average prices per square metre for 1.6ha parcels up 19.8% y-o-y driven by strong growth in the Sydney and Melbourne markets.