Melbourne's Flexible Office Price Guide
Compare and find deals for office space in Melbourne CBD, South Melbourne, East Melbourne, Geelong and suburbs and towns across Victoria.
Melbourne Availability Trends
Melbourne's flexible office space has been growing very quickly over the last few years and now sits just ahead of Sydney in terms of available floor space with ~35,095 sqm of flexible space available to rent, thanks in large part to a 10% increase in supply over the past few month.
Melbourne Desk Rate Trends
Despite a stagnant few years, desk rates in Melbourne are up almost 7% since the start of the year. Though rates in Melbourne tend to be well below those found in Sydney, it is now above the pre-pandemic rates of $750 per desk but well below the $1000 per desk price hit in Sydney this quarter.
Melbourne Flexible Office Space Stats
| Median Office Space Per Person | $745 |
| Median Coworking Desk Rate | $500 |
| Flex Floorspace Available (sq. ft.) | 35,095 |
| Available Desk Capacity | 6,455 |
Source Rubberdesk. All prices are accurate as of June 30, 2024
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Median Price of Flexible Office in Melbourne by Office Size
Median rates in Melbourne range from $650 for 5-10 people upwards of $850 per person for private offices for teams of 11-15 staff.
Melbourne Office Availability by Floorspace and Capacity
When compared to the national average, the breakdown of offices by floor space, and the number of offices by capacity, Melbourne’s is pretty consistent. However, when compared to Sydney, there are some glaring differences with Melbourne having a higher portion of available square metres and offices devoted to teams under 15 than Sydney. In fact, 76% of Melbourne’s available offices are devoted to spaces for under 15 people compared to Sydney’s 70%.
Melbourne Desk Rates by Space Type
Finally when it comes to an analysis of desk rates by coworking operator vs traditional businesses, coworking operators in Melbourne tend to have higher desk rates for a private office due to the additional amenities they provide yet these same operators charge less for a single coworking desk vs a shared desk in a traditional office. If your business doesn't need all the amenities of a fully serviced office, a shared space in a traditional space can be an attractive option in the short to medium term. .
What does it the Cost to Rent Flexible Office Space in Greater Melbourne?
While desk rates for flexible office space is often pricier in the city centre, Melbourne tends to buck this trend with higher rates seen in trendier areas such as Richmond, Cremorne and Southbank.
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- Inner Melbourne Office Space
- South Melbourne Office Space
- East Melbourne Office Space
- West Melbourne Office Space
- North Melbourne Office Space
- Office Space Across Victoria
Inner Melbourne Office Space
Like Sydney, the bulk of Melbourne’s available office space can be found in the city’s CBD area with median prices fairly even across all available office sizes. Though deals can be found in areas outside the CBD in suburbs like Docklands and Fitzroy for smaller teams, you will likely pay more for offices in Southbank, Cremorne, and East Melbourne.
| Location | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
|---|---|---|---|---|---|---|
| Melbourne | $750 | $700 | $735 | $912 | $800 | $700 |
| Docklands | $725 | $792 | $558 | - | $739 | - |
| East Melbourne | $800 | $834 | $834 | - | - | - |
| Carlton | $500 | $500 | $500 | $904 | - | - |
| Southbank | $667 | $800 | $800 | $775 | - | - |
| Collingwood | $542 | $600 | $571 | $600 | - | - |
| Fitzroy | $630 | $495 | $720 | $651 | $658 | - |
| South Melbourne | $625 | $625 | $566 | $542 | $436 | - |
| West Melbourne | $882 | - | - | - | - | - |
| Cremorne | $750 | $765 | $951 | $1,076 | $517 | - |
| Richmond | $667 | $790 | $860 | $900 | $697 | - |
| St Kilda | $500 | $572 | $386 | - | - | - |
| South Yarra | $788 | $690 | $542 | - | - | - |
| Hawthorn | $730 | $900 | - | - | - | - |
| Port Melbourne | $347 | $549 | - | - | - | |
| Footscray | $568 | $217 | $783 | - | - | - |
| Hawthorn East | $393 | $491 | - | - | ||
| Windsor | $456 | $220 | - | - | - | - |
Source Rubberdesk. The median price is shown per person per month based on a 12-month term
With close proximity to the city centre, Docklands has a number of flexible office options for teams of 2 to 50 or more at a median price of $558 to $900 per desk.
Internal Private Office in Docklands for 10 people
Level 17 T, 727 Collins Street Docklands
Private Offices in Docklands for 5 people
Level 17, 727 Collins Street Docklands
External Private Office in Docklands for 9 people
Level 17 T, 727 Collins Street Docklands
South Melbourne Office Space
To Melbourne’s South, there are a few flexible offices for smaller teams ranging from a median price of $325 per person in Oakleigh South to $748 per person in Dingley Village.
| Location | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
|---|---|---|---|---|---|---|
| Elsternwick | $484 | $390 | - | - | - | - |
| Brighton | $737 | - | - | - | - | - |
| Moorabbin | $845 | - | - | - | - | - |
| Mount Waverley | $655 | $435 | - | - | - | - |
| Oakleigh South | $325 | - | - | - | - | - |
| Cheltenham | $575 | - | - | - | - | - |
| Dingley Village | $748 | - | - | - | - | - |
| Dandenong | $510 | $206 | - | - | - | $724 |
| Hallam | $344 | - | - | - | - |
Source Rubberdesk. The median price is shown per person per month based on a 12-month term.
Internal Private Office for up to 3 People
1341 Dandenong Road Chadstone
External Private Window Office for up to 8 People
1341 Dandenong Road Chadstone
Internal Private Office for up to 4 people
1341 Dandenong Road Chadstone
East Melbourne Office Space
Beyond East Melbourne, there are limited spaces available for small 1-4 person teams at $1000 per desk.
| Location | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
|---|
Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.
North Melbourne Office Space
If proximity to the airport is important to you, then you’ll find some great bargains for smaller teams in North Melbourne, Preston and Heidelberg.
| Location | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
|---|---|---|---|---|---|---|
| North Melbourne | $130 | - | - | - | - | - |
| Preston | $334 | - | - | - | - | - |
| Niddrie | $700 | $560 | - | - | - | - |
| Heidelberg | $753 | $587 | - | - | - | - |
Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.
4 Person Private Office in Melbourne
266 Raglan Street Preston
2 Person Private Office in Melbourne
266 Raglan Street Preston
The Gilbert - Character Filled Coworking Space
597, Gilbert Road Preston
West Melbourne Office Space
From Footscray to West Melbourne there are a few options available for teams of up to 15.
| Location | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
|---|---|---|---|---|---|---|
| Footscray | $568 | $217 | $783 | - | - | - |
| Williamstown | $520 | - | - | - | - | - |
| West Melbourne | $882 | - | - | - | - | - |
Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.
Victoria Flexible Office Rates
Outside of Greater Melbourne, there are a number of flexible office spaces available for 1-4 people from Ballarat Central to Geelong with monthly rates from $127 to $857 per desk.
| Location | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
|---|---|---|---|---|---|---|
| Ballarat Central | $380 | $127 | - | - | - | - |
| Geelong | $700 | $505 | $857 | - | - | - |
Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.
Author: Tom Petryshen, VP Growth & Analytics
Updated: July 10, 2024
Frequently Asked Questions about Melbourne Office Space
How much does it cost to rent office space in Melbourne?
As of June 30, 2024, the median price for Melbourne Office Space is $745 per person.
How much does it cost to rent a coworking desk in Melbourne?
The median price to rent a Melbourne Coworking Desk is $500 per person per month + GST.
Flexible Office Price Guides
- Sydney Office Space Guide
- Melbourne Office Space Guide
- Brisbane Office Space Guide
- Perth Office Space Guide
- Adelaide Office Space Guide
- Canberra Office Space Guide
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