Melbourne's office market is recovering from record-high vacancy rates, which peaked around 18% in the CBD.
As of April 2026, the Melbourne commercial property market is shifting from a period of caution into a . Performance is fragmented, with industrial assets leading the market while the office sector begins to stabilize after significant value corrections. 🏭 Industrial & Logistics: The Market Leader buy commercial property melbourne
: A "flight to quality" is evident, as modern, energy-efficient facilities near major transport routes outperform older secondary stock. 🏭 Industrial & Logistics: The Market Leader :
Industrial property remains the top-performing asset class in Melbourne. : Many institutional investors have divested, creating entry
: Strong demand in the West and North submarkets, particularly for facilities between 1,000 and 5,000 sqm.
: Many institutional investors have divested, creating entry points for private family offices and high-net-worth individuals to acquire stabilized assets at attractive values.