Login
iscover
Widespread migration to regional communities has fuelled rising demand for commercial and industrial infrastructure, a construction company has found.
A population and economic boom in regional Australia has underpinned “unprecedented demand” for industrial land, Rossiter Constructions has found.
Examples include the regional town of Shepparton in Victoria, where a projected population boom of 7,000 residents is driving demand for commercial spaces.
In the town, Rossiter Constructions is currently building a new warehouse precinct, which includes new flexible spaces for small businesses, entrepreneurs, trades, creatives and SMEs, the company confirmed.
The shift in population has manufactured a boom for commercial spaces.
“The lifestyle appeal is what’s really driving demand for residential areas, and consequently, commercial and industrial spaces, and our local team have responded to that,” said Olivia Ross, general manager of Rossiter Constructions.
“Seeing a real shift in where people want to live and work. Regional cities like Shepparton have grown to the point where they offer great schools, jobs, and housing affordability.”
The project, scheduled for completion in 2026, is expected to attract investment and support the development of a vibrant, self-sustaining community.
It comes as Shepparton recorded 2.5 per cent house price growth over the past year.
“It’s exciting to see such a high-calibre, architecturally designed industrial development in Shepparton’s newest industrial estate,” said Rocky Gagliardi of Gagliardi Scott Real Estate.
“Makers Mile sets a new benchmark for what industrial development can look like in regional Victoria.”
[You might also like - Reduced industrial supply in 2025 will lead to more varied rental growth: Knight Frank]
Never miss a beat with 
Stay across what’s happening in the Australian commercial property market by signing up to receive industry-specific news and policy alerts, agency updates, and insights from reb.
Subscribe to reb Commercial:
You are not authorised to post comments.
Comments will undergo moderation before they get published.