Burleigh Heads, Queensland, 16 July 2026. Lacey West Commercial recorded about $60 million in total commercial sales value across the Southern Gold Coast over the 2025-26 financial year, from July 2025 to June 2026. The figure is an estimate, confirmed by the agency’s commercial leadership, and it caps a year in which quality stock stayed scarce, and the buyers who remained active were more decisive than a year earlier.
The result was delivered by Lacey West Commercial directors James Borbidge and Josh Cruden, who work the corridor from Burleigh Heads through Currumbin, Palm Beach and Mermaid Beach. It sits alongside a managed portfolio of about 350 commercial properties and around 90 properties leased over the same 12 months, giving the team a close, current read on where demand is holding and where it is easing.
Stable pricing in a supply-short market
Enquiry across both sales and leasing softened through the year, yet pricing across the industrial, office and retail sectors held relatively stable. Borbidge puts that resilience down to the ongoing shortage of quality stock.
‘Commercial property continues to attract investors seeking secure, long-term returns,’ Borbidge said, pointing to stable rental income and longer lease terms as an appealing alternative to residential investment. The limited supply, he added, has created favourable conditions for industrial developers through Burleigh, Currumbin and the Tweed, who are securing buyers at strong price points as demand outpaces the available stock. That pattern of tight supply and resilient pricing is consistent with wider commentary on the Queensland commercial market from bodies such as the Real Estate Institute of Queensland and independent valuation firm Herron Todd White.
Industrial leads, offices lag
The strength is not evenly spread. Larger industrial properties, from around 300 square metres up to standalone buildings near 1,000 square metres, are leasing quickly on very low supply, with more tenants searching than there is space to fill. Smaller warehouse units between 70 and 120 square metres are turning over more often as small businesses either consolidate or outgrow their footprint, though genuine demand in that segment remains.
Cruden says pricing discipline is doing the work. ‘If properties are listed 5 to 10 per cent above market, we are not getting the enquiry,’ he said. Office leasing is the most difficult segment, carrying larger incentives and longer vacancy periods, while industrial holds firm as the strongest market for both vacant and tenanted assets. Vacant properties are still selling well when priced to meet the market, and quality investment assets in good locations continue to draw buyers seeking long leases and security. The team set out much of this backdrop in its Burleigh commercial market outlook.
A boutique read on a maturing corridor
For vendors, landlords and investors, the signal from the past 12 months is straightforward. Well-located, fairly priced commercial assets are still transacting, and serious buyers are rewarding realistic pricing rather than chasing stock at any price. That is the market Lacey West Commercial works every day rather than at arm’s length, and it is the read behind the year’s result.
Southern Gold Coast commercial vendors, landlords and investors weighing their next move are invited to speak with the Lacey West Commercial team about current listings and opportunities.
About Lacey West
Lacey West is a boutique real estate agency based in Burleigh Heads, servicing the Southern Gold Coast across residential sales, property management and commercial property. Lacey West Commercial advises owners, investors and business tenants on industrial, office and retail assets from Burleigh Heads to the New South Wales border.
