APPD Market Report Article
SE Queensland
August 14, 2026Leasing demand has slowed
- While enquiries have generally slowed, Chinese electric vehicle manufacturers have emerged as a very active group.
- Household spending grew 0.5% month-on-month and 6.3% year-on-year in May 2026, above the national averages of 0.4% and 5.2% respectively.
Three completions were recorded over the quarter
- Three completions were recorded in the quarter, bringing 15,800 sqm to market in the neighbourhood sub-sector.
- There are eight projects under construction, set to bring 65,200 sqm by 2028.
Investment volumes slowed relative to the previous quarter
- A regional transaction drove the stronger investment volume for the quarter.
- Yields were unchanged across all sub-sectors in the quarter.
Outlook: A slower leasing market is expected over H2 2026
- Macro headwinds are likely to keep vacancy at more elevated rates.
- Five completions expected by year-end across LFR and neighbourhood sub-sectors.
