The Sidespace Flex Office Report, Q4 2026
Australia's flexible and serviced office market in one page: what a desk costs in each capital, how far the price moves when you leave the CBD, and how big the market is. Every figure is drawn from live listings on Sidespace, as at 26 October 2026, with its sample size beside it.
Headline findings
- 2,302 flexible offices on the marketSidespace lists 2,302 serviced and flexible offices in 374 buildings from 52 operators across Australia. 1,665 of them are in the six capital city markets, and 1,002 of those publish a rate.
- Sydney dearest, Perth cheapestAcross the six capital city markets, the median serviced desk costs $800 a month (1,002 priced offices). Greater Sydney is the dearest at $1,004 (365 offices) and Greater Perth the cheapest at $652 (50).
- Sydney desks cost 42% more than MelbourneA desk in Greater Sydney costs 42% more than in Greater Melbourne, the two largest markets: $1,004 a month across 365 priced offices, against $708 across 433.
- Leaving the Sydney CBD saves 23%The median desk in the rest of Greater Sydney is $775 a month (98 priced offices), 23% below the Sydney CBD at $1,004 (267). Pyrmont is 45% below the CBD at $550 (16).
- In Melbourne the CBD is the cheaper addressThe median desk in the rest of Greater Melbourne is $755 a month (243 priced offices), 12% above the Melbourne CBD at $674 (190). Cremorne is 25% above the CBD at $845 (102).
Median desk rate by capital
| Market | Median desk / month | Priced offices | Offices listed |
|---|---|---|---|
| Greater Sydney | $1,004 | 365 | 598 |
| Greater Canberra | $758 | 21 | 66 |
| Greater Melbourne | $708 | 433 | 654 |
| Greater Brisbane | $708 | 92 | 189 |
| Greater Adelaide | $700 | 41 | 69 |
| Greater Perth | $652 | 50 | 89 |
| Six capitals combined | $800 | 1,002 | 1,665 |
Priced offices are the ones with a published rate; they feed the median. Offices listed counts every suite, priced or not. A market below 8 priced offices is not published.
CBD against the rest of the city
Each capital's CBD (the suburb that carries the city's name) against every other priced office in its metro market, and against each suburb with at least 8 priced offices.
Sydney
The median desk in the rest of Greater Sydney is $775 a month (98 priced offices), 23% below the Sydney CBD at $1,004 (267). Pyrmont is 45% below the CBD at $550 (16).
| Area | Median desk / month | Priced offices | Against the CBD |
|---|---|---|---|
| Sydney CBD | $1,004 | 267 | Base |
| Rest of Greater Sydney | $775 | 98 | -23% |
| North Sydney | $630 | 23 | -37% |
| Pyrmont | $550 | 16 | -45% |
| Alexandria | $1,004 | 15 | Level |
| Surry Hills | $943 | 12 | -6% |
| Double Bay | $1,550 | 9 | +54% |
| Darlinghurst | $1,082 | 8 | +8% |
| Parramatta | $625 | 8 | -38% |
Melbourne
The median desk in the rest of Greater Melbourne is $755 a month (243 priced offices), 12% above the Melbourne CBD at $674 (190). Cremorne is 25% above the CBD at $845 (102).
| Area | Median desk / month | Priced offices | Against the CBD |
|---|---|---|---|
| Melbourne CBD | $674 | 190 | Base |
| Rest of Greater Melbourne | $755 | 243 | +12% |
| Cremorne | $845 | 102 | +25% |
| South Melbourne | $750 | 22 | +11% |
| Collingwood | $650 | 21 | -4% |
| Balaclava | $711 | 20 | +5% |
| Richmond | $690 | 19 | +2% |
| South Yarra | $740 | 18 | +10% |
| Fitzroy | $671 | 14 | Level |
| Docklands | $750 | 11 | +11% |
| Clayton | $467 | 8 | -31% |
Brisbane
The median desk in the rest of Greater Brisbane is $738 a month (29 priced offices), 6% above the Brisbane CBD at $698 (63). Bowen Hills is 3% above the CBD at $718 (10).
| Area | Median desk / month | Priced offices | Against the CBD |
|---|---|---|---|
| Brisbane CBD | $698 | 63 | Base |
| Rest of Greater Brisbane | $738 | 29 | +6% |
| Fortitude Valley | $550 | 14 | -21% |
| Bowen Hills | $718 | 10 | +3% |
Market size
Sidespace lists 2,302 serviced and flexible offices in 374 buildings from 52 operators, across 138 suburbs. An office is every listed suite, priced or not, and a building is counted only while it holds one. The Flex Office Index breaks supply down by CBD and suburb.
Quarter on quarter
This is the first edition on the metro basis, so no quarter on quarter change is published. Our earlier city snapshots (Q3 2026, captured 24 August 2026; Q4 2026, captured 1 October 2026) measured each capital's whole state, a different set of offices, so a change against them would not be like for like. Movement will be reported from the next edition, measured against these figures.
Methodology and sample sizes
Each desk rate is a serviced office's all-inclusive monthly rent divided by its capacity (a fee quoted for one person counts as a one-person office). Medians are taken per segment and published only where at least 8 priced offices qualify. POA listings, the extreme-value band and brands with only indicative guide pricing are excluded. City figures cover each capital's metro suburbs; the CBD is the suburb named after the city.
- Source: live operator-supplied listings on Sidespace, Australia's office leasing marketplace, as at 26 October 2026. Not a survey and not asking rents reported by third parties.
- Sample: 1,002 priced offices across the six capital city markets, from 1,665 listed there. Each table shows its own sample.
- CBD: the suburb that carries the city's name. The rest of the metro market is every other priced office in that capital's metro suburbs.
- Percentages compare medians and are rounded to the nearest whole number.
- Editions: while Q4 2026 is the current quarter this page shows live figures; when the quarter closes the edition is frozen at this address.
How to cite
Sidespace Flex Office Report Q4 2026, sidespace.com.au
Free to republish with attribution to Sidespace and a link to https://www.sidespace.com.au/serviced-office-market-report/q4-2026 (Creative Commons Attribution 4.0). Media enquiries: simon@sidespace.com.au.
Download the data
- Melbourne desk rates by suburb and team size (CSV)
- Sydney desk rates by suburb and team size (CSV)
- Brisbane desk rates by suburb and team size (CSV)
- Perth desk rates by suburb and team size (CSV)
- Adelaide desk rates by suburb and team size (CSV)
- Canberra desk rates by suburb and team size (CSV)
- Flex Office Index: national supply and CBD figures (CSV)