Vacancy rate of CBD office market Australia Q1 2024, by city

Published by Statista Research Department, Jun 3, 2024

In the first quarter of 2024, the office vacancy rate in the central business district of Melbourne, Australia, was the highest, with a rate of around 18 percent. The central business district of Sydney had an office vacancy rate of 14.3 percent in comparison.

Vacancy rate of the CBD office market in Australia in first quarter 2024, by city

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Release date

June 2024

Region

Australia

Survey time period

Q1 2024

Supplementary notes

CBD stands for Central Business District.

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