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.

Share or Recommend article

Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco

Leave a Reply

Your email address will not be published. Required fields are marked *