Market Insights: Australia's Flexible Office Space Market Report - Q3 2024

Uncover the Best Local Coworking Spaces in Melbourne: The Top 5 Picks

Uncover the Best Local Coworking Spaces in Melbourne: The Top 5 Picks

Are you searching for an office or coworking space in Melbourne? Take a look at the top 5 local options available. From laid-back and relaxed atmospheres to more formalized corporate environments, there is something for everyone.

Much like the city itself, Melbourne has a vibrant coworking scene that has quickly grown to offer a range of unique offerings for businesses of all sizes. In terms of available floor space, Melbourne sits just behind Sydney with ~23,475 sqm of flexible space available to rent. Pricing, however, has remained subdued, due to the pandemic and extended work-from-home restrictions.

While the rental cost of a desk is slowly rising, it is still well below the $750 per desk price hit in September 2021, making it the ideal time for businesses to reconsider their workspace needs and secure a premium office at a discounted rate.

Melbourne by the Numbers

Median Office Rate Per Person $750
Median Coworking Desk Rate Per Person $541
Flex Floorspace Available (sqm) 26,415
Available Desk Capacity 4,924

So, as you begin your search for office space, here are the top 5 local coworking spaces you should tour.

1. Melbourne Connect Coworking

Photo: Melbourne Connect

700 Swanston Street, Carlton

Melbourne Connect Co-working is a dynamic community of innovators. Located over two levels at Melbourne Connect and stretching across 2,200 square metres, this unique space offers a selection of flexible private suites, dedicated desks, meeting rooms, project spaces, media studios, and event spaces to be a creative home for a curated community of start-ups, scale-ups, and individuals looking to be immersed within a digital innovation ecosystem.

700 Swanston Street Carlton

Up to 17 people
Private Offices

2. Revolver Lane

Photo: Creative Cubes Carlton

231 Chapel Street, Prahran

Work, meet, create, and play at Revolver Lane in a private, fully fitted, and furnished office suite. Enjoy access to a Chapel Street reception, onsite espresso bar, 5 meeting rooms, 3 board rooms, and 1,000+ sqm of communal spaces, lounges, and kitchens. Pricing includes sit/stand workstations and ergonomic chairs, unlimited fiber internet, regular cleaning, printing & scanning - there are no outgoings.

3. Inspire9 Richmond

Photo: Inspire9 Richmond

41-43 Stewart Street, Richmond

Get inspired and work in Inspire9's well-thought-out open plan space that has been creatively designed to give you flexibility and a space offering an abundance of natural light. Conveniently located only a few meters opposite Richmond train station. Everything you need under one roof!

From month to month options ideal for new or growing businesses to fixed term discounted rates. Join Inspire9 and amplify your brand, access the network and resources that will accelerate your business growth.

1, 41-43 Stewart Street Richmond

Up to 3 people
Private Offices

4. Collective_100 Richmond

Photo: Collective_100 Richmond

100 Cubitt Street, Cremorne

At Collective 100, located just 5 minutes away from Richmond station, their curated membership ensures your business is enhanced within a collaborative community. Members include entrepreneurs, startups, and SMEs from a diverse range of industries, all positively impacting the vibrant coworking ecosystem. Your next business partnership or collaborative arrangement is just a few steps away.

Mezzanine, 100 Cubitt Street Cremorne

Up to 6 people
Private Offices

100 Cubitt Street Cremorne

Up to 8 people
Private Offices

Level 2, 100 Cubitt Street Cremorne

Up to 2 people
Private Offices

5. The Hive Collingwood

Photo: The Hive Collingwood

92 Rupert Street, Collingwood

A light-filled 1,300 sqm open-plan converted warehouse space, that offers large private offices for growing teams, hot desks, dedicated desks, meeting rooms, and event and conference spaces. Located in the middle of Collingwood’s fashion and creative community. The Hive's latest premium CBD location offers special access to their sister company in the heart of Melbourne's CBD, The Cluster.

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