Skip to content
61 offices added this week Property ConciergeFree (03) 9021 8803 Sign in
Rent benchmark · As at 11 November 2026

How much does office space cost in Melbourne CBD?

Sidespace's live listing data puts the median serviced office desk at $670 a month, and the median net face rent for commercial office space at $750 per m² a year in Melbourne CBD, VIC, as at 11 November 2026.

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.

To see every office behind these figures, browse office space for rent in Melbourne.

$670/mo
Serviced desk, median
188
Offices sampled
$750/m²
Commercial net face, median
78
Tenancies sampled
Serviced & flex

How much does a serviced office cost in Melbourne CBD?

Sidespace live listing data · 11 November 2026

Sidespace's live listing data puts the median serviced office desk rate in Melbourne CBD at $670 per desk per month, from 188 operator-supplied offices. Rates run from $264 to $1,870 per desk depending on building grade, team size and inclusions.

Median desk rate by team size. Bands with fewer than three offices are omitted for statistical reliability.
Team size Median desk / month Offices
1-4 desks $683 91
5-10 desks $700 71
11-20 desks $700 17
21+ desks $589 9
Commercial

How much does commercial office space cost in Melbourne CBD?

Sidespace live listing data · 11 November 2026

Sidespace's live listing data puts the median net face rent for commercial office space in Melbourne CBD at $750 per m² per year, from 78 available tenancies across 9 buildings (47 A-grade). Net face rents range from $250 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.

Tenancies sampled range 40-1,757 m². Net face rent excludes outgoings, incentives and GST.
Measure Median ($/m²/year) Tenancies
Net face rent $750 78
Outgoings $195 78
Gross rent (net + outgoings) $945 78
Methodology

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 to $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.

Download the data (CSV)

Free to republish with attribution to Sidespace. See also the quarterly market report, the Australian office space cost guide, and benchmarks for other suburbs.

Reading a rent quote
Good to know

Office rent in Melbourne CBD, frequently asked

How much does a serviced office cost in Melbourne CBD?
As at 11 November 2026, Sidespace's live listing data puts the median serviced office desk rate in Melbourne CBD at $670 per desk per month, from 188 operator-supplied offices. Rates range from $264 to $1,870 per desk per month depending on building, team size and inclusions.
How much does commercial office space cost in Melbourne CBD?
As at 11 November 2026, Sidespace's live listing data puts the median net face rent for commercial office space in Melbourne CBD at $750 per m² per year, from 78 available tenancies across 9 buildings (47 A-grade), ranging from $250 to $910 per m². Adding median outgoings of $195 per m², the gross figure is about $945 per m² per year. The sample reflects the buildings currently listed with Sidespace, which skew prime, so treat it as a guide to advertised rents rather than a whole-of-market average.
How are these benchmarks calculated?
Serviced desk rates are each office's all-inclusive monthly rent divided by its capacity, then taken as a median. Commercial rates are normalised to dollars per square metre per year. Both exclude POA listings and indicative guide pricing, so the figures reflect genuine advertised rates only. Every figure states its sample size.
Can I cite or republish this data?
Yes. The figures are free to download as CSV and may be republished with attribution to Sidespace (sidespace.com.au). We refresh the underlying data continuously and restate the as-at date on every update.
More markets

Benchmarks for other suburbs

Suburb Serviced offices Commercial tenancies
Sydney, NSW 259 50
Cremorne, VIC 100 —
Perth, WA 51 5
Brisbane, QLD 46 —
Adelaide, SA 46 —
North Sydney, NSW 23 —
South Melbourne, VIC 21 —
Canberra, ACT 21 —
South Yarra, VIC 20 —
Collingwood, VIC 20 —
Balaclava, VIC 20 —
Chadstone, VIC 19 —
Benchmarks are a guide

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.