Industrial vacancy tightens

A lack of new supply and a reasonable amount of demand has slowing decreased the vacancy of industrial properties throughout Western Sydney. Rentals, which have been stagnant for the past few years, are slowly seeing upward pressure as there are fewer and fewer options for lessees.

A low interest rate environment has also been a boone for purchasers, with the yield arbitrage between rental yields and interest, very low. this means for those with enough equity, it is quite attractive to purchase.

The improving environment has seen some examples of strength. Recently we have resold a property for $320,000 only a year we had first sold it for $240,00, a 33% gain in only 12 months!

With changes in the market happening so quickly, it is always important get advice from the experts. Westside Industrial specialise in the western sydney industrial market and can guide you through any transactional process.