How much does office space cost in Melbourne CBD?
In Melbourne CBD, VIC, a serviced office desk has a median rate of $720 per month, and commercial office space has a median net face rent of $770 per m² per year, as at 25 September 2026, from live Sidespace listings.
Both figures below come from live Sidespace listings in Melbourne CBD, VIC, and each one states the number of offices or tenancies behind it. The full dataset is free to download.
How much does a serviced office cost in Melbourne CBD?
The median serviced office desk rate in Melbourne CBD is $720 per desk per month, from 228 operator-supplied offices. Rates run from $264 to $1,870 per desk depending on building grade, team size and inclusions.
| Team size | Median desk / month | Offices |
|---|---|---|
| 1-4 desks | $708 | 99 |
| 5-10 desks | $818 | 91 |
| 11-20 desks | $696 | 28 |
| 21+ desks | $545 | 10 |
How much does commercial office space cost in Melbourne CBD?
The median net face rent for commercial office space in Melbourne CBD is $770 per m² per year, from 53 available tenancies across 5 buildings (53 A-grade). Net face rents range from $665 to $910 per m².
The buildings currently listed with Sidespace in Melbourne CBD skew prime, so read this as a guide to advertised rents in that segment rather than a whole-of-market average.
| Measure | Median ($/m²/year) | Tenancies |
|---|---|---|
| Net face rent | $770 | 53 |
| Outgoings | $195 | 53 |
| Gross rent (net + outgoings) | $965 | 53 |
How these benchmarks are calculated
Serviced desk rate: each office's all-inclusive monthly rent divided by its capacity, reported as the median across qualifying offices. Requires at least 8 offices to publish.
Commercial rate: advertised rent normalised to dollars per square metre per year, reported as the median. Requires at least 5 tenancies across at least 3 separate buildings to publish, because several vacancies in one tower show that landlord's asking rent rather than a market rate. Outgoings are shown separately where the landlord states them.
Excluded: POA listings, and brands where Sidespace has placed indicative guide pricing rather than operator-supplied rates. Normalised rates outside $100-$3,000 per m² are treated as data artefacts and dropped. Figures move as stock changes, so the as-at date is restated on every update.
Free to republish with attribution to Sidespace. See also the quarterly market report, the Australian office space cost guide, and benchmarks for other suburbs.
Office rent in Melbourne CBD, frequently asked
How much does a serviced office cost in Melbourne CBD?
How much does commercial office space cost in Melbourne CBD?
How are these benchmarks calculated?
Can I cite or republish this data?
Benchmarks for other suburbs
| Suburb | Serviced offices | Commercial tenancies |
|---|---|---|
| Sydney, NSW | 280 | 49 |
| Cremorne, VIC | 106 | — |
| Brisbane, QLD | 73 | 16 |
| Perth, WA | 56 | 5 |
| Adelaide, SA | 50 | — |
| South Melbourne, VIC | 35 | — |
| North Sydney, NSW | 28 | — |
| Collingwood, VIC | 21 | — |
| Balaclava, VIC | 20 | — |
| Richmond, VIC | 19 | — |
| Canberra, ACT | 19 | — |
| Double Bay, NSW | 18 | — |
Get real quotes for Melbourne CBD.
Tell our concierge your brief once, size, budget and timing, and get a shortlist of best-fit offices in Melbourne CBD with live pricing, same day. Free for tenants, always.