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.

Marc Pallisco

A freelance property writer and analyst, Marc is a co-founder of realestatesource.com.au.

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