ISSUE 193 | JULY 2026 | 02 9630 8000 | PAGE 9 MARKET INSIGHT SPECIAL 2026 Industrial Vacancy Review Bawdens is one of Sydney’s leading industrial property agents. In the second of a two-part study, we recently released private client research identifying changes in the length of time it takes to lease a building today as compared to the same time in 2025. The research identified all buildings currently available for lease during a study period in the 2024-2025 financial year. It then adapted the same criteria for the 2025-2026 financial year. Time on market was identified from date as appointed leasing agent, ending when a lease was executed. All buildings in the study had a gross lettable area of less than 2000m². The results can be seen in the table below. To the end of March 2025, the average vacancy period was 2.9 months. To the end of March 2026, the average vacancy period was 4.6 months. Vacancy periods have increased 58% year on year, reflecting the lag between lessors not recognising the effects upon lessee businesses from slowing economic growth and consequently adjusting asking rentals in 2026. YBAWDENS NEWS YLEASED BY Tile Mountain Secures 4,680 sqm Warehouse in Auburn Tile Mountain has leased 305 Parramatta Road, Auburn - a highly exposed, secure freestanding warehouse - on a 7-year lease at a rental of $982,800 net per annum, reflecting $210 per sqm. The transaction was successfully negotiated and finalised by Bawdens Sales and Leasing Executives Jarrad Love and Monjer Khan.
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