- · The self storage industry began from scratch in Australia in the late 1970s and today are more than 1,000 self storage facilities nationally with many being independent operations.
- · The self storage industry grew by almost 20% and it is far from a mature market. In the US, one in 10 households rent a self-storage unit while in Australia it is not yet even one in 25 households. Yet this fast growing industry is more than a business phenomenon-it is a social comment on our times
- · According to a report (1 June 2006) by Mintel Consulting and in collaboration with the Self Storage Association of the United Kingdom space available for rental in the USA is approximately 1.6 billion rentable square feet (aprox: 148.65 square km), against 22 million rentable square feet in Australia and around 20 million square feet in the United Kingdom. The report also states that there are around 41,000 facilities in the USA, 1,000 in Australia, around 700 in the United Kingdom and 220 in France
- · A 2010 study on the demand for self storage in Australia and New Zealand found that there was a 17 percent increase compared to the previous years. The research that looked into the factors that led people to use self storage also showed that half of the potential customers would normally use the internet to look for an ideal facility.
- In addition, nearly 40 percent of customers had used the same facility before. The rate is 20.4 percent up from the 2008 figure. Majority or 87.7 percent also expressed satisfaction over the service provided to them by their preferred facility.
- · Another study that focused on traffic patterns and parking requirements suggested specific rates for the different sizes of rental units. The research found that there's low traffic as there's really no peak time or day at any facility. Also, most sites were found to have no proper layout for automatic traffic counters. Most sites were also found to be using the security gate system to control the vehicles coming in and out of the sites. The issue identified here pertains to tailgating which the researchers claimed could be solved through the use of the so-called "door data."
With these facts presented, it's
noteworthy that the self storage sector in Australia is in a favorable state.
