In the second quarter of 2021, South Sydney had the most expensive net face rent of industrial property in Australia with a net face rent of *** Australian dollars per square meter. The second highest net face rent was in Central West Sydney with a net face rent of *** Australian dollars per square meter.

Sydney was the markets with the highest rent for industrial and logistics real estate in the Asia-Pacific (APAC) region in the second half of 2023. Sydney had an average net asking rent of over ** U.S. dollars per square meter per month, * U.S. dollars above the average rent in the second-ranking market, Brisbane. Rents in India, on the other hand, were substantially lower. In Mumbai, Bangalore, and Delhi, the square meter rent was less than * U.S. dollar.

In the first quarter of 2025, the average net face rent of industrial property in New South Wales was around 266 Australian dollars per square meter. In comparison, the average net face rent of industrial property in Victoria was around 148 Australian dollars per square meter.

The central business district in New South Wales had the highest average net face rent for prime office property in Australia in the first quarter of 2025, with an average rent of ***** Australian dollars per square meter. In comparison, Victoria's CBD had an average net face rent of *** Australian dollars per square meter of office property.