How much does office space cost in South Melbourne?
Sidespace's live listing data puts the median serviced office desk at $750 a month in South Melbourne, VIC, as at 11 November 2026.
Both figures below come from live Sidespace listings in South Melbourne, 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 South Melbourne.
How much does a serviced office cost in South Melbourne?
Sidespace's live listing data puts the median serviced office desk rate in South Melbourne at $750 per desk per month, from 21 operator-supplied offices. Rates run from $575 to $913 per desk depending on building grade, team size and inclusions.
| Team size | Median desk / month | Offices |
|---|---|---|
| 1-4 desks | $775 | 5 |
| 5-10 desks | $678 | 10 |
| 11-20 desks | $713 | 6 |
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.
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 South Melbourne, frequently asked
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Benchmarks for other suburbs
| Suburb | Serviced offices | Commercial tenancies |
|---|---|---|
| Sydney, NSW | 259 | 50 |
| Melbourne, VIC | 188 | 78 |
| Cremorne, VIC | 100 | — |
| Perth, WA | 51 | 5 |
| Brisbane, QLD | 46 | — |
| Adelaide, SA | 46 | — |
| North Sydney, NSW | 23 | — |
| Canberra, ACT | 21 | — |
| South Yarra, VIC | 20 | — |
| Collingwood, VIC | 20 | — |
| Balaclava, VIC | 20 | — |
| Chadstone, VIC | 19 | — |
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