In the first quarter of 2021, the vacancy rate of prime office real estate in Sydney CBD was estimated at 8.5 percent. The vacancy rate had been decreasing until the end of 2019. However, the recent COVID-19 outbreak seemed to have led to a decline in office leasing enquiries, and therefore an increase in the vacancy rate in 2020 and 2021.
Vacancy rate of the prime office market in Sydney CBD, Australia from 2016 to 2021
Characteristic
Vacancy rate
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
CBRE Group. (April 19, 2021). Vacancy rate of the prime office market in Sydney CBD, Australia from 2016 to 2021 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1118390/australia-prime-office-vacancy-rate-in-sydney-cbd/
CBRE Group. "Vacancy rate of the prime office market in Sydney CBD, Australia from 2016 to 2021." Chart. April 19, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1118390/australia-prime-office-vacancy-rate-in-sydney-cbd/
CBRE Group. (2021). Vacancy rate of the prime office market in Sydney CBD, Australia from 2016 to 2021. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1118390/australia-prime-office-vacancy-rate-in-sydney-cbd/
CBRE Group. "Vacancy Rate of The Prime Office Market in Sydney Cbd, Australia from 2016 to 2021." Statista, Statista Inc., 19 Apr 2021, https://www.statista.com/statistics/1118390/australia-prime-office-vacancy-rate-in-sydney-cbd/
CBRE Group, Vacancy rate of the prime office market in Sydney CBD, Australia from 2016 to 2021 Statista, https://www.statista.com/statistics/1118390/australia-prime-office-vacancy-rate-in-sydney-cbd/ (last visited August 25, 2024)
Vacancy rate of the prime office market in Sydney CBD, Australia from 2016 to 2021 [Graph], CBRE Group, April 19, 2021. [Online]. Available: https://www.statista.com/statistics/1118390/australia-prime-office-vacancy-rate-in-sydney-cbd/