Parramatta Blog

In 2024, industrial-related activities contributed around $174 billion in gross value added to the state economy. However, the system is under strain, with rising land values, rents, with near-zero vacancy rates, are making it increasingly difficult for businesses to secure affordable, functional space. To address these pressures, the NSW Government has introduced as of January 2025 a strategic framework categorising industrial land into three tiers:

• State Significant Lands are tied to critical infrastructure (e.g., ports and airports) and protected for long-term use.
• Regionally Significant Lands support key industries like waste and concrete services near major transport corridors.
• Locally Significant Lands serve community-level needs and may transition to mixed uses over time.

Planning reforms are also underway. These include the Employment Zone Reforms, fast-tracking for business development under the Building Business Back Better program, and investment-driven Special Activation and Regional Job Precincts.

"Your Industrial Property Could Be a Goldmine – But Timing Is Everything..."
With NSW's industrial land reforms reshaping the market, savvy owners are unlocking hidden value and capitalising on surging demand. Is your property next?

Rents are rising. Vacancy is near zero. Strategic land is being fast-tracked.
This is a rare window where industrial landowners are in the driver's seat — but only those who act early will benefit.

Thinking of selling, leasing or redeveloping?
Before the market shifts again, get clarity on what your site could really be worth.

Call today for a confidential discussion or strategy session – and find out how to turn policy change into profit.