National Industrial and Commercial Property Trends For Owner-Occupiers

Phil Levesque, FAL Property Group, QLD:

“So my advice for property owners in 2025 is if you think of selling, especially early in 2025, I would strongly suggest to do so. The reason is confidence is back in high places at the moment. We’ve been waiting for that confidence to come back and even though cost of funds are still high with the outlook for 2025 that they are likely to fall, I think it’ll be a good time to sell. Buyers might be able to go to higher prices. And keeping in mind that there’s been some stagnation for probably 10 years up to Covid and post Covid, obviously we’ve been on the back of this dream run of great rental growth, great capital growth. So all that is leading up to I think 2025 being a great year. But having said that, waiting too long, you never know. We might have another long period of stagnation in the market post that.”

Chris Chesky, MLV Real Estate WA:

“So our advice for property owners going into 2025 is to seek advice from one of your ICP property professionals. In WA, property is offered with vacant possession or shorter lease expires are receiving a premium.”

Artie Kalpidis, Link Property Services NSW:

“Owners in high demand areas like Western Sydney and South Sydney can still expect strong interest in their land with moderate growth local continue in the short term. While the market has called from the extreme rise of previous years, land scarcity and high demand for industrial space continues to support values, especially in a location with excellent access to transport. Hopes, fundamentals for good industrial property remain despite the vagaries of the current market.”

Matt O’Dea, Facey VIC:

“Industrial property in particular remains a very healthy asset in your portfolio. I’d encourage you to work on your relationships with your tenants because you want to maintain those going forward. And if the opportunity comes to re-let your property, then sort out non-retail tenants so they can recover all of your outgoings. If you’re looking at divesting, get in touch as early as possible so that we can have a thorough look over your property credentials at the moment and see what we need to do to maximise that when it goes to market.”