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Industrial players jostle for land

Property Markets / Planning, Zoning, Infrastructure

Australia

Aug 12 2017

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Nicole Lindsay, The Sydney Morning Herald

The price of industrial land in Melbourne's fringe suburbs has surged up to 20 per cent in some areas as the supply of ready-to-develop lots dries up.

Research from Savills Australia shows the average price of small industrial land parcels rose 19.6 per cent in the east and 17.6 in the south-east as demand grew but space remained scarce.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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