If you bought industrial property in Truganina five years ago, you are almost certainly holding more value than you think. And if you are weighing up a sale or a lease, the gap between a good result and a great one usually comes down to a few things owners are never told. This report lays them out plainly.
Most owners price their property on what they paid, or what a neighbour got. Buyers price it on what it lets them do. Those are rarely the same number.
Why Truganina became the west's industrial engine
Three things turned Truganina from paddocks into one of the most sought after industrial addresses in Victoria. The road network came first: the Western Freeway, Leakes Road and Dohertys Road gave operators fast, heavy vehicle access to the Port of Melbourne and the freight precinct near the airport. Then came the land, flat and developable at a scale you simply cannot find closer to the city. And finally the tenants followed, national logistics and distribution names who needed modern space near Melbourne's fastest growing population in the west.
That combination compounds. Every new estate makes the area more attractive to the next occupier, which tightens supply, which supports values. For an owner, it means the ground under your building has very likely done more work than the building itself.
The six things that actually set your price
Two sheds on the same street can be worth very different money. Price is set by what a buyer can practically do with the site, not by the street address. These are the levers that matter most.
Clearance and hardstand decide which buyers can even use your site. Rule them out and you shrink your market before the campaign even starts.
Who is buying and leasing right now
The demand in Truganina is not one crowd, it is four, and each pays for something different. Owner occupiers want to control their own premises and will pay for the right fit. Investors want clean, long leased income and price on the tenant and the lease. Developers want land they can build modern estates on and value the dirt, not the shed. Tenants, from transport and logistics to trades and storage, want to be operational fast.
The whole game is matching your specific property to the one group most likely to fight over it. That is where a specialist beats a generalist every time.
What is your industrial property worth?
We track live sales and leases across the western corridor. Get a straight appraisal within 24 hours, with no obligation.
Get my free Truganina appraisalThe mistakes that cost owners the most
What your site is worth today
The worst position an owner can be in is going to market without knowing what they hold. Start with a real appraisal, measured against what has actually sold and leased nearby, not a portal guess. We will give you an honest read on price, on the level of demand right now, and on whether a sale or a lease suits your position better. There is no obligation and no lock in, and you only move when you are ready.
Fairmont only sells and leases industrial property across Melbourne's western corridor and Geelong. That focus is deliberate. It means we know the buyers who are active right now and what they are prepared to pay.