Market Insights: Australia's Flexible Office Space Market Report - Q3 2024
Easily compare the entire market all in one place with live updates & real-time pricing.
With our live platform, you'll always have access to the latest availability and real-time pricing, allowing you to make an informed decision that suits your needs. Our comprehensive information on each office space makes it easier than ever to find the right fit for your team or client.
Median Office Rate Per Person | $1,000 |
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Median Coworking Desk Rate Per Person | $600 |
Flex Floorspace Available (sqm) | 33,810 |
Available Desk Capacity | 6,004 |
As the work landscape continues to evolve, employers are increasingly recognizing the significance of the employee experience, making it a top priority to "earn the employee commute".
This transformative shift has propelled flexible office spaces to the forefront, emerging as an optimal solution. By placing employee well-being, work-life balance, and collaboration at the heart of their approach, forward-thinking employers are actively fostering dynamic office environments that provide valuable support to their workforce.
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Quiet and private spaces equipped with technology for seamless communication.
Well-being amenities, good air quality and ergonomic furnishings including sit/stand desks.
Active breakout spaces & in-house hospitality, barista cafes and events.
By the month or on 3-, 6-, or 12-month licenses, providing adaptability during uncertain times & the ability to scale up or down as needed.
Outsourced office management with access to meeting rooms, company branding, print/copy, kitchen facilities, break-out space, cleaning services, & more.
Office space that can be customised to the specific needs of the company such as internal meeting rooms, desk configurations, break-out space, & secure access.
The median cost to rent an office for 50 - 100 people in Sydney is $984 per person per month. Source: Rubberdesk real-time data March 2023.
To determine the right size office for your business, you should consider the number of employees, your budget, and your projected growth over the next few years. Additionally, you should also consider your business's needs in terms of facilities, such as meeting rooms, break areas, and storage space. It's important to select an office space that offers ample room for your team to work comfortably and efficiently without being overcrowded or cramped.
When selecting a spacious office in the 500-1000 sqm range in Sydney, consider the layout, flexibility, location, amenities, and lease terms. Assess your business needs, ensure the space accommodates current and future requirements, and review the convenience of the location. Evaluate the condition, natural light, parking, meeting rooms, and common areas. Lastly, carefully review the lease terms, including rates and contract duration, to ensure they align with your budget and long-term goals.
As specialist brokers in the flexible office market, Rubberdesk is across all the options, offers and availability. We have real time pricing for thousands of spaces listed by hundreds of providers to help find your next office.
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