Call us toll free: (08) 8227 0372
Top notch Multipurpose WordPress Theme!

Rental price of secondary office space per metre square in Australian cities

About

 

Data confidence level: Rating_circle_solid  Rating_circle_solid  Rating_circle_solid  Rating_circle_keyline  Rating_circle_keyline  

 

Corporate real estate is an important topic for the economic health of a city. The grading system used by Knight Frank categorizes primary and secondary office space by the use of advanced valuation software, rigid reporting and quality review processes and by utilising global, national and local networks. As real estate prices rise, so too does that of office space, making it increasingly difficult for small and young businesses to establish themselves, particularly in primary or central locations. As a result, secondary office space is an important factor for economic prosperity. This FACT indicates the average gross face office rent for secondary core locations, in Australian dollars per square metre per week, in each Australian capital city.

* Adelaide, Brisbane and Canberra are using gross profit data, whereas with Melbourne, Perth and Sydney, only the median net profit could be found. No data was available for Darwin and Hobart.

Unranked

Source: Knight Frank, 2013

Disclaimer:┬áPlease be aware that all this information provided on this website is subject to change, and is subject to our disclaimer statement. ipData (Australia’s Best City’s parent company) takes no responsibility for the accuracy or completeness of information, nor liability for damages or offence taken. Read the full disclaimer.

Top