What VicTrack does

VicTrack is a Victorian Government statutory corporation, established in 1997 and operating under the Transport Integration Act 2010, that owns Victoria's railway and tram land, transport assets (valued at $88 billion), and a statewide optical fibre telecommunications network along the rail corridor. As the fourth largest land-owner in Victoria, it manages over 1,000 commercial and community tenancies, licenses third-party utilities on rail land, and operates the open-access Dynon Rail Freight Terminal. Its telecommunications division delivers dark fibre, DWDM wavelength services (up to 100Gbps), carrier-grade Ethernet, IPWAN, enterprise internet, and data centre connectivity to transport operators, government agencies, and wholesale carriers, supported by a Melbourne-based 24/7/365 Network Management Centre.

The company's business model spans four recurring and one-time revenue streams: telecommunications services (subscription-based connectivity to transport operators, government, and wholesale carriers), commercial leasing (over 1,000 tenancies including retail, cafes, pastoral grazing, billboards, and car parks managed via CBRE, Care Park, QMS Rail Media, and oOh!), utilities and services licensing (recurring fees at $108 per asset per annum plus $3,200 application fees), freight operations (project management and terminal access at Dynon), and one-time land sales of surplus transport land. Distribution is primarily direct through account managers to enterprise and government customers, with channel partners handling property sub-segments.

VicTrack sits within the Victorian Big Build ecosystem alongside VIDA, delivering telecommunications, land management, and project services for Metro Tunnel, Level Crossing Removal, Regional Rail Revival, West Gate Tunnel, and North East Link. The organisation also operates community programs including a $500,000 annual Community Grants Program, the Station Volunteer Program with 47 active groups, the Community Use of Vacant Rail Buildings Program (20+ restored stations since April 2021), and the Reinventing Trams initiative that relocated over 120 of 134 retired trams. All revenue is reinvested into Victorian transport infrastructure rather than distributed, distinguishing it from commercial-only operators.

Name

VicTrack

Legal name

VicTrack

Website

https://victrack.com.au

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

251–500 employees

Short description

VicTrack is a Victorian Government statutory corporation that owns the state's railway and tram land, $88 billion in transport assets, and a statewide optical fibre network, delivering telecommunications, commercial leasing, utilities licensing, and freight services to transport operators, government, and wholesale carriers across Victoria.

Ownership category

akta.pro rank

Headquarters

HQ city

Docklands

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Property Sales: VicTrack sells land that is no longer required for transport purposes (surplus land) through public processes (auction, expression of interest, tender) or private treaty sales. Proceeds are reinvested into Victorian transport infrastructure.
2. Commercial Leasing: VicTrack manages over a thousand commercial and community tenancies across retail, cafes, pastoral grazing, public open spaces, community spaces, telecommunications, and tourist and heritage railways. Also manages car parks through Care Park and billboards through QMS Rail Media and oOh!.
3. Telecommunications Services: Provides a full suite of telecommunications services including dark fibre, wavelength, ethernet, enterprise internet, IPWAN, and data centre connectivity to transport operators, government agencies, and wholesale carriers. Revenue is reinvested into Victorian transport and infrastructure.
4. Utilities and Services Licensing: Manages applications and licenses for third-party utility assets on rail land including pipelines, electricity cables, telecommunications cables, and other infrastructure. Revenue from annual license fees ($108 per asset per annum standard third-party single asset license).
5. Freight Operations: Delivers project management and civil engineering services for rail infrastructure upgrades. Operates the open access Dynon Rail Freight Terminal and manages freight access across the rail network.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

VicTrack is a Victorian Government state-owned statutory corporation that owns and manages Victoria's railway and tram lines, transport land, and telecommunications infrastructure. It delivers telecommunications services (dark fibre, wavelength, Ethernet, IPWAN, enterprise internet, and data centre connectivity) over its statewide rail corridor fibre network, and manages commercial and community leasing, land sales, utilities licensing, and freight operations across more than 1,000 tenancies. The organisation reinvests revenue generated from these activities back into Victorian transport infrastructure and community programs.

Product overview

VicTrack is a Victorian Government agency that operates as a telecommunications provider and transport asset manager. The company's core product portfolio is organized around two main service areas: telecommunications services (including Dark Fibre, Wavelength, Ethernet, Enterprise Internet, IPWAN, and Data Centre Services) delivered over one of Victoria's largest optical fibre networks spanning the rail corridor; and property/land management services (including land sales, commercial and community leasing, utilities management, and permit systems). Supporting programs include the Community Use of Vacant Rail Buildings Program, Major Transport Projects Support, and Reinventing Trams. VicTrack also operates a 24/7/365 Network Management Centre in Melbourne and provides RailMap, an online mapping application for rail network information. The company does not offer a public API or developer platform—services are delivered directly through account managers and enquiry processes.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Over 120 relocated trams (with 134 available in the 2018 EOI) repurposed as coffee shops, bars, community facilities, B&Bs, wedding venues, and more
• +3 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles5 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Victorian Infrastructure Delivery Authority (VIDA)coreStrategic or Co-development Partner · 1 January 2008VicTrack is an integral partner in Victoria's Big Build projects delivered by VIDA, including Metro Tunnel Project, Regional Rail Revival, Level Crossing Removal Project, West Gate Tunnel Project, and North East Link. Roles include managing telecommunications infrastructure, project delivery, land management, and environmental approvals.
• Department of Transport and Planning (Victoria)coreStrategic or Co-development PartnerVicTrack works alongside DTP as the primary government partner. VicTrack's land, infrastructure, telecommunications networks and rolling stock are leased to DTP, which in turn operates public transport via franchise agreements with transport operators. VicTrack reports to DTP and provides strategic advice on asset use and development.
• Metro Trains MelbournecoreStrategic or Co-development PartnerMetro Trains Melbourne is the metropolitan train operator leasing VicTrack's assets. VicTrack provides expert access and delivery for telecommunications infrastructure supporting Metro's operations including signalling, CCTV, and network critical systems.
• V/LinecoreStrategic or Co-development PartnerV/Line is the regional train operator leasing VicTrack's assets. VicTrack supports V/Line with telecommunications services and has managed major station upgrades at Donnybrook and Wallan under the Regional Rail Revival program.
• Yarra TramscoreStrategic or Co-development PartnerYarra Trams is the tram operator leasing VicTrack's assets. VicTrack provides telecommunications infrastructure and services supporting Melbourne's tram network.
• SUBCOcoreStrategic or Co-development PartnerVicTrack and SUBCO announced a partnership in December 2025 to construct a new fibre network along the Melbourne to Geelong rail corridor, connected to an undersea cable known as SMAP. This is a significant infrastructure development expanding VicTrack's fibre network.
• Landcare AustraliaminorStrategic or Co-development PartnerAs a major sponsor of Landcare Australia's Grassroots Program, VicTrack supports an extensive program to protect and restore native grasslands in and around railway corridors. This leverages VicTrack's position as one of Victoria's largest landholders.
• Railway and Tramway Heritage Victoria (RTHV)minorStrategic or Co-development PartnerRTHV was formed following VicTrack's development of the 'Preserving our rail history – a blueprint for the future' strategy, serving as an independent voice for the tourist and heritage rail sector to help organisations share information and support each other.
• Level Crossing Removal Project (LXRP) / Southern Program AlliancecoreStrategic or Co-development PartnerVicTrack is an essential partner in the Level Crossing Removal Project, providing essential telecommunications services at each project site to enable crossings to be removed and installing telecommunications equipment for signalling and operational control systems, often as part of new station builds. Worked with Southern Program Alliance on the Frankston line.
• CBREcoreChannel Partner/ Reseller/ DistributorCBRE manages VicTrack's commercial leasing portfolio including existing tenant enquiries, maintenance requests, approval for works on VicTrack land, and lease terminations. Contact via [email protected].
• Care ParkminorChannel Partner/ Reseller/ DistributorCare Park manages VicTrack's portfolio of car parks throughout Melbourne. All car park enquiries are directed to Care Park.
• QMS Rail MediaminorChannel Partner/ Reseller/ DistributorQMS Rail Media manages VicTrack's large format billboard portfolio in metropolitan and rural Victoria alongside oOh! Media.
• oOh! MediaminorChannel Partner/ Reseller/ DistributoroOh! Media manages VicTrack's large format billboard portfolio in metropolitan and rural Victoria alongside QMS Rail Media.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• nbn (National Broadband Network): Australia's wholesale open-access broadband infrastructure provider, government-backed. Comparable as a sovereign wholesale telecommunications infrastructure provider operating a large-scale fibre and active network across Australia, competing with VicTrack for wholesale and government customers.
• Telstra: Australia's largest telecommunications carrier offering enterprise, wholesale, and government services. Competes with VicTrack across enterprise connectivity, dark fibre, and government segments, with substantially broader product portfolio and scale.
• Transurban: Toll-road infrastructure owner and operator with significant Australian government-contracted assets. Comparable as a publicly listed infrastructure operator monetising long-duration government-aligned concessions, providing a benchmark for infrastructure asset valuation.

Others

• CBRE Group: Global commercial real estate services firm appointed by VicTrack to manage its commercial leasing portfolio. Comparable as a property services partner with deep exposure to VicTrack's commercial property operations and is a relevant ecosystem participant.

Direct peers

• Transport for NSW: NSW Government agency responsible for transport strategy, planning, policy and infrastructure delivery, including rail asset stewardship. Direct peer given comparable mandate to manage state-owned transport assets and deliver major projects.
• Australian Rail Track Corporation (ARTC): Federal government-owned corporation that manages rail infrastructure across the Australian interstate rail network. Like VicTrack, ARTC owns and manages rail corridor assets and leases access to train operators, making it the closest federal analogue and direct structural peer.
• Public Transport Authority of Western Australia: WA Government agency responsible for public transport services and rail infrastructure in Western Australia. Comparable as another Australian state-owned entity combining transport asset ownership, operations oversight, and infrastructure delivery.
• Queensland Rail: Queensland state government-owned rail operator and asset manager. Comparable as another state-owned rail entity delivering passenger and asset management services with similar accountability and government ownership structure.

Regional players

• KiwiRail: New Zealand state-owned enterprise operating the national rail network. Comparable as a vertically integrated government-owned rail infrastructure business serving a national market, providing a cross-Tasman analogue to VicTrack's ownership model.
• Arc Infrastructure: Western Australian rail infrastructure manager (formerly Brookfield Rail) operating the state's open-access freight rail network. Comparable as a regional rail corridor owner providing open-access infrastructure to freight operators.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/VicTrackAccess
• Facebookfacebook.com/VicTrack
• LinkedInlinkedin.com/company/victrack
• Xx.com/victrack_vic

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VicTrack