Queensland Leads as National Market Confidence Softens

Queensland Leads as National Market Confidence Softens

Queensland Leads as National Market Confidence Softens

Queensland continues to outperform the national commercial property market, with industrial demand and significant investment transactions highlighting the state’s resilience.

Queensland Leads the Nation
The latest NAB Commercial Property Survey reveals Queensland recorded the strongest market sentiment nationally, rising to +48, despite the national index falling to +1.
Brisbane’s commercial market also recorded several significant developments, including the $81 million sale of an A-grade South Brisbane office building and Brisbane Airport’s announcement of a major industrial land release.

Industrial Property Remains Strong
Nationally, industrial property continues to lead commercial market performance. JLL reported a record 1.49 million sqm of industrial take-up during the September quarter, with national vacancy declining to 4.6%.
Brisbane recorded almost 299,000 sqm of industrial take-up, with rents increasing 1.5% over the quarter.

A Selective Market for Investors
While industrial property remains resilient, retail sentiment has weakened and financing conditions have become more challenging.
For investors, owner-occupiers and landlords, location, tenant quality and long-term income security remain key considerations.

At My Agent Aus, we continue to monitor these market movements to help our clients make informed commercial property decisions across sales, leasing and property management.

Source: NAB Commercial Property Survey Q3 2026, JLL Industrial Research, Commercial Ready and API Magazine.
Disclaimer: This article provides general market information only and does not constitute financial or investment advice.