The central business district in New South Wales had the highest average net face rent of prime office property in Australia in the first quarter of 2024, with an average net face rent of 1,449 Australian dollars per square meter. The central business district in Victoria had an average net face rent of 707 Australian dollars per square meter of office property.
Average net face rent of prime office CBD real estate in Australia in first quarter 2024, by state (in Australian dollars per square meter)
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Other statistics that may interest you Commercial property in Australia
Overview
6
- Basic Statistic Rental, hiring and real estate service industry gross value added Australia 2014-2023
- Basic Statistic Construction work done on commercial buildings Australia 2014-2023
- Basic Statistic Construction work done on offices Australia 2014-2023
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- Premium Statistic Major investment deals in commercial property Australia Q3 2023
- Premium Statistic Share of investment in commercial real estate Australia Q1 2023, by location
Office sector
8
- Premium Statistic Average net face rent of office property Australia Q1 2024, by state
- Premium Statistic Incentives for prime office CBD real estate Australia Q1 2024, by state
- Premium Statistic Yield of prime office CBD property Australia Q1 2024, by state
- Premium Statistic Vacancy rate of CBD office market Australia Q1 2024, by city
- Premium Statistic CBD office property occupancy Australia Q2 2019-Q2 2023, by occupancy rate
- Premium Statistic Share of offices with occupancy rates over 90 percent Australia Q2 2019-2023, by city
- Premium Statistic Office occupancy as a share of pre-COVID levels Australia 2021-2022, by CBD
- Premium Statistic Expectations of office capital values next 12 months Australia Q1 2024, by state
Retail sector
6
- Premium Statistic NFR of super prime CBD retail real estate Australia Q1 2024, by state
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- Premium Statistic Retail rent of LFR centers Australia Q1 2024, by state
- Premium Statistic Monthly change in retail property rent asking prices Australia 2020-2024
- Premium Statistic Expectations of retail capital values next 12 months Australia Q1 2024, by state
- Premium Statistic Expectations of retail rents in next 12 months Australia Q1 2024, by state
Industrial sector
6
- Premium Statistic Average net face rent of industrial property Australia Q2 2023, by select city
- Premium Statistic Incentives for industrial property Australia Q2 2023, by select city
- Premium Statistic Vacancy rate of industrial properties Australia H2 2023, by city
- Premium Statistic Take-up of industrial properties Australia H2 2022, by sector
- Premium Statistic Expectations of industrial capital values next 12 months Australia Q1 2024, by state
- Premium Statistic Expectations of industrial rents in next 12 months Australia Q1 2024, by state
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Statistics
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CBRE Group. (April 16, 2024). Average net face rent of prime office CBD real estate in Australia in first quarter 2024, by state (in Australian dollars per square meter) [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1239541/australia-average-net-face-rent-of-office-property-by-location/
CBRE Group. "Average net face rent of prime office CBD real estate in Australia in first quarter 2024, by state (in Australian dollars per square meter)." Chart. April 16, 2024. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1239541/australia-average-net-face-rent-of-office-property-by-location/
CBRE Group. (2024). Average net face rent of prime office CBD real estate in Australia in first quarter 2024, by state (in Australian dollars per square meter). Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1239541/australia-average-net-face-rent-of-office-property-by-location/
CBRE Group. "Average Net Face Rent of Prime Office Cbd Real Estate in Australia in First Quarter 2024, by State (in Australian Dollars per Square Meter)." Statista, Statista Inc., 16 Apr 2024, https://www.statista.com/statistics/1239541/australia-average-net-face-rent-of-office-property-by-location/
CBRE Group, Average net face rent of prime office CBD real estate in Australia in first quarter 2024, by state (in Australian dollars per square meter) Statista, https://www.statista.com/statistics/1239541/australia-average-net-face-rent-of-office-property-by-location/ (last visited June 10, 2024)
Average net face rent of prime office CBD real estate in Australia in first quarter 2024, by state (in Australian dollars per square meter) [Graph], CBRE Group, April 16, 2024. [Online]. Available: https://www.statista.com/statistics/1239541/australia-average-net-face-rent-of-office-property-by-location/