Data Centers Target A$21 Billion of Land in New South Wales and Victoria
According to reports, data center developers are targeting approximately AUD 21 billion in land across New South Wales and Victoria in Australia for building AI compute parks.
This figure vividly illustrates the scale and pace of computing capacity expansion in Australia. New South Wales and Victoria are Australia's two most densely populated and economically developed states, and also regions with relatively well-developed power and network infrastructure, naturally making them the focal point of competition among data center developers.
Land is becoming a hard constraint for AI data centers, just as power is. When large amounts of capital simultaneously flow in and compete for parcels suitable for building large-scale parks—those close to power grids, with room for expansion, and conducive to cooling—the window for acquiring premium land may quickly close, and land prices will be driven up.
For you, if you are considering deployment in Australia or the Asia-Pacific region, this presents an important lesson: site selection is not just about power. The acquisition of land, regulatory approvals, and supporting infrastructure—particularly water and electricity access—need to be secured in advance. By the time park design is finalized, it may already be too late to find suitable land. Australia's current wave of land acquisition is a true reflection of the global computing capacity competition playing out at the regional level.