Commercial property vacancy rates

Commercial property vacancy rates, news, insights and market data.

News
Tightening continues in eastern office markets
The Sydney CBD office market has tightened further as tenant demand outstrips new supply, while vacancy remains at a low level in Melbourne. This article originally appeared on theaustralian.com.au/property.
40-year high for Melbourne CBD office market
News
40-year high for Melbourne CBD office market
Melbourne’s office market is leading a nationwide surge amid the race for CBD space.
Office space exodus continues on St Kilda Rd
News
Office space exodus continues on St Kilda Rd
The decline of prime office options in Melbourne’s St Kilda Rd precinct is both a boon and a bust, depending on your outlook, one agency says.
Rents soar as St Kilda Rd space dries up
News
Rents soar as St Kilda Rd space dries up
Vacancy on inner-city Melbourne thoroughfare St Kilda Rd has fallen to its lowest level in eight years, amid predictions the precinct will one day be overwhelmingly residential-based.
International brands light fire under Sydney CBD retail
News
International brands light fire under Sydney CBD retail
Sydney CBD retailers are paying a growing premium for space in Australia’s hottest shopping market, with prime rents ballooning by more than a quarter.
Strength to strength for Brisbane industrial market
News
Strength to strength for Brisbane industrial market
Total vacant space in Brisbane’s industrial market has fallen for the fourth consecutive quarter and is now down by more than 10% compared with a year ago.
Richmond agent calls for Bridge Rd retail fix
News
Richmond agent calls for Bridge Rd retail fix
A Melbourne commercial agent says overpricing and local government red tape are continuing to hurt Richmond’s Bridge Rd retail strip.
National office vacancy rate hits two-year high
News
National office vacancy rate hits two-year high
The Australian capital city office vacancy rate is at the highest point in two years, as a growing number of spaces come on to the market and areas outside of Sydney and Melbourne struggle. This article originally appeared on theaustralian.com.au/property.
Dearth of Sydney CBD office space begins to bite
News
Dearth of Sydney CBD office space begins to bite
Sydney’s lack of vacant office space might be a great thing for landlords, but it could soon be a major issue for the city’s economic growth, and here’s why.
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