Serviced Office Prices in Melbourne: 2026 Pricing Guide

Melbourne CBD

$748 average per desk · offices $436–$17,500/mo · 340 offices · 1–53 people

The CBD is Melbourne's largest serviced office market by a wide margin, with 311 offices spread across Collins Street, Bourke Street, Flinders Lane, and surrounding blocks. You'll find the full spectrum here — from a single hot desk in a coworking space through to premium 55-person suites. The average sits around $748 per desk per month, which gets you a private, lockable office with all-inclusive pricing in a well-known building. Collins Street commands the highest premiums, particularly between King and Spring Streets where harbour-side operators like Servcorp, WeWork, and JustCo occupy premium floors. Bourke Street and Flinders Lane tend to run 10–15% cheaper for comparable space. The CBD suits businesses that need a prestigious address, easy public transport access (Flinders Street and Southern Cross stations are walkable to most offices), and proximity to Melbourne's legal, finance, and consulting sectors.

Best for: Professional services, finance, legal, consulting, startups wanting a CBD presence, teams of 1–55 people.

Docklands

$829 average per desk · offices $900–$13,600/mo · 28 offices · 1–17 people

Docklands sits at the western edge of the CBD and offers some of Melbourne's newest commercial buildings with harbour and stadium views. At an average of $829 per desk, it runs slightly above CBD pricing — largely because the buildings are newer, the floor plates are larger, and operators like Regus and Spaces occupy premium towers along Harbour Esplanade and Collins Street's western end. The top end runs to large enterprise suites of up to 63 people, making Docklands a popular choice for corporates who want modern, campus-style workspaces without the congestion of mid-CBD. Parking is significantly easier to find here compared to the CBD core, and the free tram zone covers the entire precinct. The trade-off is that Docklands can feel quieter at street level — lunch options and after-work amenities are more limited than Collins Street.

Best for: Corporate teams, enterprise requirements of 10–63 people, businesses needing car parking, companies wanting newer A-grade buildings.

Richmond

$718 average per desk · offices $1,380–$14,310/mo · 35 offices · 2–16 people

Richmond has become one of Melbourne's most popular inner-suburb office markets, particularly along Bridge Road, Church Street, and the backstreets near the MCG. At $718 per desk on average, it's noticeably cheaper than the CBD while still being just one train stop away. The area attracts creative and tech companies — think exposed brick, natural light, and converted warehouse spaces rather than glass towers. Operators here tend to be boutique rather than multinational chains, which means more character in the fitout but sometimes fewer corporate amenities like concierge or boardrooms. Most offices suit teams of 2–20 people. If you're a startup, digital agency, or creative business that doesn't need a Collins Street address, Richmond offers genuine value.

Best for: Startups, creative agencies, digital businesses, tech companies, teams of 2–20 people who value character over corporate polish.

South Yarra

$939 average per desk · offices $1,500–$12,400/mo · 22 offices · 2–12 people

South Yarra is Melbourne's most expensive suburb for serviced offices at $939 per desk per month on average. You're paying for the postcode — Toorak Road and Chapel Street addresses carry cachet, and the neighbourhood's cafes, restaurants, and retail create an attractive work environment. Most offices here are in boutique buildings rather than towers, with operators focusing on quality fitouts and premium amenities. The available offices run from 2-person suites up to 33-person spaces. South Yarra station provides direct access to the CBD in under 10 minutes, and the area is well-connected to the eastern suburbs via Toorak Road. The premium pricing means this suburb appeals to businesses where prestige matters — luxury brands, wealth management, high-end professional services.

Best for: Boutique professional services, wealth management, luxury/lifestyle brands, businesses wanting a prestigious inner-suburb address, teams of 2–33.

Collingwood

$680 average per desk · offices $1,170–$8,100/mo · 27 offices · 2–10 people

Collingwood is Melbourne's creative heartland for office space, and the pricing reflects that accessibility — $680 per desk on average makes it one of the more affordable inner-city options. Smith Street, Johnston Street, and the surrounding warehouse district host 27 serviced offices, predominantly in converted industrial buildings with high ceilings, polished concrete floors, and plenty of natural light. The vibe is distinctly creative and casual. Operators range from well-known flexible workspace brands to independent operators running single-building spaces. Teams of 2–20 people are the sweet spot. Collingwood is a short tram ride from the CBD but feels worlds apart in atmosphere — if your team values street art over corporate art, this is your suburb.

Best for: Creative agencies, design studios, tech startups, media companies, small to mid-size teams of 2–20 who want affordable, character-rich space.

Cremorne

$896 average per desk · offices $1,540–$13,650/mo · 22 offices · 2–15 people

Cremorne has quietly become Melbourne's tech precinct, home to offices for SEEK, Carsales, REA Group, and a growing cluster of startups and scale-ups. The 17 serviced offices available average $896 per desk per month — mid-range pricing for a location that's genuinely walkable to Richmond station and a short tram ride from the CBD. The area suits smaller teams of 2–13 people, with most offices sitting in low-rise buildings along Church Street, Cremorne Street, and the backstreets connecting to the Yarra. Unlike Collingwood's warehouse aesthetic, Cremorne skews more polished tech — purpose-built offices with good internet infrastructure and modern fitouts. If you're in tech and want to be near your industry peers without paying CBD rent, Cremorne is the obvious choice.

Best for: Tech companies, SaaS businesses, scale-ups, teams of 2–13 wanting proximity to Melbourne's tech cluster.

South Melbourne

$762 average per desk · offices $1,646–$15,000/mo · 46 offices · 2–20 people

South Melbourne sits just across the Yarra from the CBD and offers a solid middle ground between city access and suburban pricing. At $762 per desk on average, it's comparable to the CBD but the space quality tends to be better for the price — you'll often get more square metres per person in South Melbourne's low-rise buildings compared to a CBD tower. The 19 offices available suit teams of 2–20 people, concentrated around Clarendon Street and the South Melbourne Market precinct. Tram access to the CBD takes 10–15 minutes. South Melbourne has become popular with architecture and design firms, engineering consultancies, and businesses that serve both CBD and bayside clients. The South Melbourne Market provides excellent lunch options, and street-level parking is easier to come by than in the CBD.

Best for: Architecture/design firms, engineering, professional services, businesses needing CBD proximity with easier parking, teams of 2–20.

Preston

Preston is Melbourne's most affordable option for serviced offices, at close to half the price of the CBD. Located in Melbourne's inner north along High Street and the South Preston precinct, it's a genuine budget option for businesses that don't need a city-centre address. The 11 available offices suit teams of 1–20 people, with the top end running to larger suites. Preston is well-connected via the South Morang train line (Preston station is on the Mernda line, about 25 minutes to the CBD) and sits on multiple tram routes. The suburb has gentrified significantly in recent years — good cafes, a strong food scene, and improving streetscapes. For startups, small businesses, or anyone who needs an office without CBD overheads, Preston offers the best value in Melbourne's serviced office market.

Best for: Budget-conscious startups, freelancers, small businesses, teams of 1–20 who prioritise cost over CBD proximity.

Southbank

$823 average per desk · offices $1,646–$12,345/mo · 20 offices · 2–15 people

Southbank sits directly across the Yarra from the CBD and prices about 10% above it at $823 per desk per month, which makes it the rare fringe suburb that costs more than the centre. The stock is genuinely varied for a small market: Servcorp at 28 Freshwater Place, Space&Co at 2 Southbank Boulevard, @Workspaces in the HWT Tower at 40 City Road, and APSO's Kings Club at 80 Dorcas Street. That range covers the corporate tower end and the boutique end without leaving the postcode. The arts precinct, the casino and the Yarra promenade are the trade for the premium.

Best for: Teams of 2-15 wanting a tower address and river frontage a walk from the CBD.

Fitzroy

$721 average per desk · offices $1,200–$17,800/mo · 17 offices · 1–24 people

Fitzroy prices just under the Melbourne CBD at $721 per desk per month, and all of the current stock is UnitedCo at 425 Smith Street, seventeen offices covering one person up to twenty four. That makes it a single-operator market, so the choice is about suite size rather than building. Smith and Brunswick Streets put more food and bars at the door than any CBD block, which is why the tenant mix here skews creative and independent. It is the largest non-CBD floor range we hold in inner Melbourne.

Best for: Creative, design and independent teams of 1-24 who want Smith Street at the door.

Carlton

$609 average per desk · offices $1,800–$7,800/mo · 14 offices · 3–13 people

Carlton is the cheapest inner-city option in this guide at $609 per desk per month, roughly 19% below the Melbourne CBD while still being walkable to it. The stock is Cubes.Co at 333 Drummond Street, fourteen offices for teams of three to thirteen, in the residential streets behind Lygon Street rather than on a main road. The University of Melbourne and the hospital precinct are immediate neighbours, which shapes who takes space here. For a team that wants CBD proximity and a quieter street, the saving is real.

Best for: Teams of 3-13 in education, health, research or professional services wanting inner-city at a discount.

Balaclava

$709 average per desk · offices $3,105–$9,774/mo · 20 offices · 4–14 people

Balaclava is the largest bayside serviced office market we hold, twenty offices at $709 per desk per month, around 5% under the Melbourne CBD. All of it is Cubes.Co at 21-23 William Street, a short walk from Carlisle Street and the Balaclava station on the Sandringham line. Suites run from four to fourteen people, so this suits an established small team rather than a single desk. It is the obvious option for a business whose people live south east and would rather not commute into the city.

Best for: Established teams of 4-14 based in the bayside and inner south east suburbs.

Clayton

$579 average per desk · offices $990–$3,200/mo · 8 offices · 1–6 people

Clayton is the most affordable Melbourne market in this guide at $579 per desk per month, about 23% below the CBD, and it is a genuinely suburban one: Waterman at 2107-2125 Dandenong Road and Sector Serviced Offices at 2A Westall Road. Both are car-first locations with the parking that implies, near Monash University and the Clayton medical and research precinct. Offices are small, one to six people across eight suites, so this is a market for a compact team rather than a growing one. Availability is the constraint here, not price.

Best for: Compact teams of 1-6 in the south east, particularly research, medical and engineering businesses near Monash.

Furnished, lockable private office

Desks, chairs, storage, and a lockable door. Most operators provide ergonomic furniture as standard — some premium operators include sit-stand desks.

High-speed internet and Wi-Fi

Business-grade internet with redundant connections. Speeds vary by operator — worth checking if your business is bandwidth-heavy.

Kitchen and breakout facilities

Shared kitchen with tea, coffee, and often milk and snacks. Most operators provide barista-quality coffee machines.

Reception and mail handling

A staffed reception desk during business hours, plus mail and package handling. Not all operators include this — coworking-style spaces often don't.

Meeting room access

Most operators include a set number of meeting room hours per month (typically 2–10 hours). Additional hours are charged at $30–$80/hr.

Electricity, cleaning, and maintenance

All utility costs, daily or regular cleaning of common areas, and building maintenance are covered. Your office is typically cleaned several times per week.

Building access and security

24/7 building access via swipe card or key fob. Some buildings include after-hours security and CCTV.

Business address for mail and registrations

You can use the office address for your ABN/ACN registration, business cards, and official correspondence.

Location and suburb

The single biggest factor. A desk in South Yarra costs more than double the same desk in Preston. Within the CBD, Collins Street commands a premium over Bourke Street or Elizabeth Street. Higher floors with views also cost more.

Operator and brand

Premium global operators like Servcorp and WeWork typically charge 15–30% more than independent operators for comparable space. You're paying for brand recognition, consistent quality, and often better amenities. Mid-tier operators like Hub Australia and WOTSO offer a good balance of quality and value.

Team size and office capacity

Per-desk pricing generally decreases as team size increases. A 2-person office might cost $829/desk, while a 20-person office in the same building could be $718/desk. Operators discount larger offices because they're harder to fill and the tenant is more committed.

Lease term and commitment

Month-to-month agreements are the most expensive option. Committing to 6 months can save 5–10%, and 12-month terms often unlock the best rates — sometimes 15–20% below the month-to-month price. Some operators offer 24-month terms with even deeper discounts.

Building grade and age

Newer A-grade buildings (like those in Docklands) command higher rents than older B-grade stock. Premium fitouts with natural light, views, and modern design also push prices up. Converted warehouses in Collingwood and Richmond can be a sweet spot — character without the A-grade premium.

Inclusions and amenities

Operators with generous meeting room allocations, on-site gyms, end-of-trip facilities, and premium coffee can justify higher pricing. Compare what's included — a dearer office with 10 meeting room hours can be better value than a cheaper one with only 2 hours included.

Market conditions and timing

Melbourne's office vacancy rates affect pricing across the board. When vacancy is high, operators are more willing to negotiate. End of financial year (May–June) and end of calendar year (November–December) are often good times to negotiate — operators want to fill spaces before reporting periods.

Commit to a longer term

This is the simplest lever you have. Moving from month-to-month to a 6-month agreement can save 5–10%, and a 12-month term often saves 15–20%. If you're confident you'll need the space for a year, lock in the lower rate. Most operators will still let you upgrade to a larger office mid-term if you outgrow the space.

Compare at least 3–4 operators

Pricing varies significantly between operators — even within the same building or suburb. Don't accept the first quote you receive. Use Sidespace to compare pricing across multiple operators and buildings side by side, then use the lowest quote as leverage with your preferred operator.

Use Sidespace's free Concierge service

Our Concierge team knows Melbourne's market inside out, including pricing that's not publicly listed. Tell us your requirements and budget, and we'll shortlist offices across the entire market — including operators who don't list publicly. We put your requirements to the operators directly, and the shortlist often comes back below the advertised price.

Be flexible on exact location

If you're set on the CBD, consider the western end of Collins Street or Flinders Lane instead of the premium mid-block. Or look at fringe suburbs — Richmond is one train stop from the CBD at $718/desk versus $748/desk in the city centre. A 10-minute commute difference can save your business thousands per year.

Negotiate on move-in incentives

Even if an operator won't budge on monthly rent, they may offer a free month upfront, waived setup fees, free car parking for the first 3 months, or additional meeting room credits. Always ask what incentives are available — operators expect the question.

Right-size your office

Don't lease more space than you need right now. Most operators let you move to a larger office within their building as you grow, so there's no need to pay for empty desks. A 4-person office when you only have 3 people is a waste of $718–$939 every month.

Time your search strategically

January and July tend to see higher vacancy as businesses restructure or move. Operators are more motivated to negotiate when they have empty offices. If your move-in date is flexible, searching during quieter periods can yield better rates.