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Perth Office Rents Take a Battering

Adelaide was the only Australian capital to report growth in office rents, up 1.5 per cent to $370 per square metre, per annum.

Brisbane reported a drop (20.6 per cent), followed by Sydney (9 per cent) and Melbourne (4.6 per cent).

Of the 176 markets researched, rents fell by a collective 4.6 per cent.

Thirty three markets reported double-digit falls.

About Marc Pallisco

Marc is a leading Real Estate freelance writer, author and analyst. He is also the founder for Realestatesource.com.au and is also employed as lead property writer for The Age. He currently resides in Melbourne, Victoria.

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