Research

Australian Office Market Overview 4Q22

4Q22 statistics on the national Australia Office markets

February 09, 2023

Contributors:

Andrew Ballantyne
Paul Chapko

Australian CBD office net absorption totalled 32,100 sqm over 4Q22, Four out of six tracked CBD markets recorded positive demand over the quarter. Despite the positive demand result, the Australian CBD vacancy rate marginally increased to 14.2%, driven by new office completions.

Weighted Australian CBD prime gross effective rents recorded a fourth consecutive quarter of positive growth, driven by an uplift in face rents.

Fill out this form to download report

First Name *

Last Name *

Email *

Company *

Country *

I would like to receive JLL communications.

There was an error submitting the form. Please try again.

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally, the personal information we collect from you are for the purposes of downloading materials you have requested.

We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Asia Pacific | Investor | April 21, 2025

Asia Pacific Capital Tracker Spring 2025: Without fear or favor

Asia Pacific investment volumes continue to grow despite geopolitical uncertainties

Global | April 09, 2025

Should you stay or go?

What your sustainability commitments mean for your leasing decisions

Global | Investor | April 04, 2025

Global Living Investment Universe 2025

The global real estate landscape is evolving with living increasingly at the top of the list for investors.