Did You Know?
- Clayton is located 18km south-east of Melbourne’s central business district and is situated in the local government area of the City of Monash.
- The town was originally known for its farming and agriculture purposes in the 1850’s, until the second world war.
- After the Second World War, numerous factories of well-known industrial businesses began opening, including Volkswagen, Wilke Painting, Robert Bosh and Repco.
Clayton is well-known, and well established as a popular industrial suburb. The suburb is home to many industrial warehouses and properties that are tenants to some of the biggest brands Australia has to offer.
The industrial nature of Clayton makes it the perfect home for some of the largest centres of technology and science business. With research labs and scientific institutes located throughout the suburb. Almost 4,000 industrial businesses currently call the city of Clayton their home.
Often termed an ‘excellent location’, the suburb will also be benefiting from the increased demand of industrial spaces, as a result of the e-commerce boom. Last year actually led to an increased need for industrial cool room and freezer spaces that are often found in Clayton. It is expected that this demand will still remain strong throughout 2021.
Surrounded by key main roads such as Wellington Road, Blackburn Road and the Princes Highway. Clayton is also surrounded by other industrial hubs, who will also benefit from the government’s current transport improvements, creating easier access to major industrial nodes across the south-east.
Clayton’s thriving industrial precinct includes huge industrial estates, such as Clayton Business Park. Clayton Business Park is an established mixed-use estate located in the heart of Clayton’s industrial areas. Well-positioned close to a major arterial road, the site spans an impressive 3,161sqm of warehouse space suitable for distribution, storage or logistics operations.
The industrial real estate sector as a whole has been doing remarkably well over the last year, with the proportion of vacant warehouse spaces falling from 6.8 per cent to 5.9 per cent in one quarter. As one of the most prominent and well-known industrial suburbs Clayton and its industrial real estate have benefited hugely from this trend.
It is likely that even with other south-east suburbs growing into industrial hubs, with such low vacancy rates and such high demand, Clayton, as an industrial hub, will continue to see positive growth and a positive general outlook over the next couple of years.
