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

Brisbane's Flexible Office Price Guide

Brisbane's Flexible Office Price Guide

Compare rental rates on office space and coworking desks across Queensland including Brisbane CBD, Gold Coast, and Sunshine Coast.

Brisbane Availability Trends - Q3, 2024

As the demand for flex space has grown across Brisbane, inventory was trending downward until this recent quarter. With new supply from Workspace365 and GPT Space & Co available inventory across Greater Brisbane grew 7% to 12,420 sqm.

Brisbane Flexible Office Capacity - September 30, 2024

Brisbane Desk Rate Trends - Q3, 2024

As new inventory was added to the market, prices across Brisbane remained steady at $600 per desk per month.

Brisbane Median Office Price - September 30, 2024

Brisbane Flexible Office Space Stats - Q3, 2024

Though there is plenty on offer for smaller teams up to 15 people, supply is limited for larger teams over 25 outside of the Brisbane CBD. If you’re looking for a great deal close to the CBD for a small team of 1-4 then Fortitude Valley provides the best value with median prices under $500 per desk per month.

Median Office Space Per Person £600
Median Coworking Desk Rate £400
Flex Floorspace Available (sqm) 12,420
Available Desk Capacity 2,011

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Median Price of Flexible Office in Brisbane by Office Size

As Australia's third-largest city, median rates in Brisbane range from $297 for 50 plus desks to $706 per person for a midsize office for 11-15 desks. While larger enterprise offices typically cost more than a smaller office due to extra amenities, the high demand and lower overall inventory levels across Brisbane are putting pressure on smaller offices. In fact, the prices are a complete reversal from what we saw in 2022 where smaller offices were considerably cheaper than larger enterprise offices.

Median Price for Flexible Offices in Brisbane by Office Capacity- September 30, 2024

Median Price of Flexible Office in Brisbane, Queensland by Office Size - All prices accurate as of September 30, 2024

Brisbane Desk Rates by Space Type

Like other markets in Australia, you’ll find lower prices in traditional businesses vs a coworking operator, though the space may lack some of the amenities you’ve come to enjoy with a typical coworking environment.

Brisbane Monthly Rate Per Person by Space & Host Type

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What does it the Cost to Rent Flexible Office Space in Queensland?

Inner Brisbane

As the sun capital of Australia, Brisbane’s CBD and surrounding suburbs offer the best selection of office space in the city with median prices far lower than Sydney and Brisbane. For something slightly less expensive, Milton, East Brisbane, and Fortitude Valley, all provide good value.

Location 1-4 Desks 5-10 Desks 11-15 Desks 16-25 Desks 26-50 Desks 50+ Desks
Brisbane $571 $628 $706 $604 $502 $297
Bowen Hills $665 $611 - $768 $510 -
Fortitude Valley $553 $500 $657 - - -
South Brisbane $750 $1,000 $600 $750 - -
Spring Hill $660 - - - - -
Paddington $538 - - - - -
East Brisbane $807 - - - - -
Milton $639 $389 - $100 - -
West End $596 $642 - - - -
Albion $756 - - - -
Toowong $932 $425 - - - -
Hamilton $750 - - - - -

Source Rubberdesk. The median price is shown per person per month based on a 12-month term.

Up to 27 people
Private Offices

25 King Street Bowen Hills

Up to 7 people
Private Offices
Up to 24 people
Private Offices
Up to 3 people
Private Offices
Up to 14 people
Private Offices

200 Adelaide Street Brisbane

Up to 20 people
Private Offices

3, 138 Mary Street Brisbane

Up to 9 people
Private Offices
Up to 3 people
Private Offices

71 Eagle Street Brisbane

Up to 3 people
Private Offices

Outer Brisbane Office Space

For those happy to save some time commuting, Darra, Taringa and Eight Mile Plains have availability for small teams up to 10.

Location 1-4 Desks 5-10 Desks 11-15 Desks 16-25 Desks 26-50 Desks 50+ Desks
Chermside $605 $669 $638 - - -
Eight Mile Plains $625 $608 - - - -
Seventeen Mile Rocks $367 $400 - - - -
Darra $493 - - - -
Murarrie $278 - -
Brendale $536 $400 - - - -
Taringa $725 $500 - - - -
Springwood $997 - - - - -

Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.

Gold Coast Office Space

Stretching from Tweeds Head North to Upper Coomerain Queensland, the Gold Coast provides a number of options for individual entrepreneurs to small teams of up to 10 people. However, beyond small teams though there are limited options available for larger teams in the flexible office space market.

Location 1-4 Desks 5-10 Desks 11-15 Desks 16-25 Desks 26-50 Desks 50+ Desks
Ashmore $379 $320 - - - -
Bundall $400 $595 - - - -
Southport $969 $580 - - - -
Varsity Lakes $660 $660 - - - -
Burleigh Waters $862 - - - - -
Ormeau $455 $440 - - - -

Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.

Level 10, 36 Marine Parade Southport

Up to 2 people
Private Offices

Suite 38, 207 Currumburra Road Ashmore

1 person
Private Office

Level 10, 36 Marine Parade Southport

Up to 5 people
Private Offices

Sunshine Coast Office Space

As a holiday destination for many Australians, the Sunshine Coast North of Brisbane encompasses Mooloolaba, Maroochydore, Coolum Beach and Noosaville and has a few options available for small teams starting at a median price of $434 for a 1-4 person private office.

Location 1-4 Desks 5-10 Desks 11-15 Desks 16-25 Desks 26-50 Desks 50+ Desks
Mooloolaba $434 - - - - -
Maroochydore $648 - - - - -

Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.

Queensland Office Space

Though limited, our hosts offer flexible office space for small teams across Queensland.

Location 1-4 Desks 5-10 Desks 11-15 Desks 16-25 Desks 26-50 Desks 50+ Desks
Gympie $540 - - - - -
Margate $980 - - - - -
Sippy Downs $700 $700 - - - -
Nambour $352 - - - - -
Toowoomba $446 $446 - - - -
Rockhampton $909 - - - - -

Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.

Frequently Asked Questions about Brisbane Office Space

How much does it cost to rent office space in Brisbane?

As of September 30, 2024, the median price for aBrisbane office space is $600 per person per month.

How much does it cost to rent a coworking desk in Brisbane?

The median cost to rent a Brisbane coworking desk is currently $400 per person.

Author: Tom Petryshen, VP Growth & Analytics
Updated: October 31, 2024


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