In the second quarter of 2023, around 65 percent of office properties in Sydney, Australia had occupancy rates greater than 90 percent compared to over 80 percent of office properties in the same quarter of 2019. Office properties with occupancy rates higher than 90 percent also declined significantly in Melbourne in 2023 from 2019 figures.
Share of office properties with occupancy rates higher than 90 percent in Australia in second quarter 2019 and 2023, by city
Characteristic
Q2 2019
Q2 2023
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CBRE Group. (September 20, 2023). Share of office properties with occupancy rates higher than 90 percent in Australia in second quarter 2019 and 2023, by city [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1419388/australia-office-properties-with-occupancy-rates-over-90-percent-by-city/
CBRE Group. "Share of office properties with occupancy rates higher than 90 percent in Australia in second quarter 2019 and 2023, by city." Chart. September 20, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1419388/australia-office-properties-with-occupancy-rates-over-90-percent-by-city/
CBRE Group. (2023). Share of office properties with occupancy rates higher than 90 percent in Australia in second quarter 2019 and 2023, by city. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1419388/australia-office-properties-with-occupancy-rates-over-90-percent-by-city/
CBRE Group. "Share of Office Properties with Occupancy Rates Higher than 90 Percent in Australia in Second Quarter 2019 and 2023, by City." Statista, Statista Inc., 20 Sep 2023, https://www.statista.com/statistics/1419388/australia-office-properties-with-occupancy-rates-over-90-percent-by-city/
CBRE Group, Share of office properties with occupancy rates higher than 90 percent in Australia in second quarter 2019 and 2023, by city Statista, https://www.statista.com/statistics/1419388/australia-office-properties-with-occupancy-rates-over-90-percent-by-city/ (last visited August 25, 2024)
Share of office properties with occupancy rates higher than 90 percent in Australia in second quarter 2019 and 2023, by city [Graph], CBRE Group, September 20, 2023. [Online]. Available: https://www.statista.com/statistics/1419388/australia-office-properties-with-occupancy-rates-over-90-percent-by-city/