The rent price index in Australia in the first quarter of 2025 was 122.1, marking an increase from the same quarter of the previous year. Rent prices had decreased in 2020; in Melbourne and Sydney, this was mainly attributed to the absence of international students during the coronavirus outbreak. The current state of the rental market in Australia The rental market in Australia has been marked by varying conditions across different regions. Among the capital cities, Sydney has long been recognized for having some of the highest average rents. As of March 2025, the average weekly rent for a house in Sydney was 775 Australian dollars, which was the highest average rent across all major cities in Australia that year. Furthermore, due to factors like population growth and housing demand, regional areas have also seen noticeable increases in rental prices. For instance, households in the non-metropolitan area of New South Wales’ expenditure on rent was around 30 percent of their household income in the year ending June 2024. Housing affordability in Australia Housing affordability remains a significant challenge in Australia, contributing to a trend where many individuals and families rent for prolonged periods. The underlying cause of this issue is the ongoing disparity between household wages and housing costs, especially in large cities. While renting offers several advantages, it is worth noting that the associated costs may not always align with the expectation of affordability. Approximately one-third of participants in a recent survey stated that they pay between 16 and 30 percent of their monthly income on rent. Recent government initiatives, such as the 2024 Help to Buy scheme, aim to make it easier for people across Australia to get onto the property ladder. Still, the multifaceted nature of Australia’s housing affordability problem requires continued efforts to strike a balance between market dynamics and the need for accessible housing options for Australians.

Comprehensive Airbnb dataset for Sydney, Australia providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

The Report Covers Residential Real Estate Market Size and It is Segmented by Type (Apartments and Condominiums, Villas, and Landed Houses) and Cities (Sydney, Perth, Melbourne, Brisbane, and Other Cities). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

Rental is Australia’s emerging tenure. Each year the proportion of Australians who rent increases, many of us will rent for life, and for the first time in generations there are now more renters than home owners. Though the rental sector is home to almost one-third of all Australians, researchers and policy-makers know little about conditions in this growing market because there is currently no systematic or reliable data. This project provides researchers and policy stakeholders with an essential database on Australia’s rental housing conditions. This data infrastructure will provide the knowledge base for national and international research and allow better urban, economic and social policy development. Building on The 2016 Australian Housing Conditions Dataset, in 2020 we collected data on the housing conditions of 15,000 rental households, covering all Australian states and territories. The project is funded by the Australian Research Council and The University of Adelaide, in partnership with the University of South Australia, the University of Melbourne, Swinburne University of Technology, Curtin University and Western Sydney University and is led by Professor Emma Baker at the University of Adelaide. The Australian Housing and Urban Research Institute provided funding for the focussed COVID-19 Module.

Australia real estate market value reached around USD 136.50 Billion in 2024, driven by robust demand for residential properties. Recovering of economy has led to a surge in housing demand, particularly in major cities like Sydney, Brisbane, and Perth, where property values have reached record highs. Additionally, low interest rates and favourable lending conditions have made homeownership more accessible, further fuelling market activity. As a result, the industry is expected to grow at a CAGR of 3.60% during the forecast period of 2025-2034 to attain a value of USD 194.42 Billion by 2034. Government incentives and infrastructure developments are also expected to stimulate investment in real estate.

In the first half of 2020, the rental price of retail colocation space in Sydney, Australia, was between *** and *** U.S. dollars per month. Pricing in hyperscale cloud and wholesale colocation was less expensive, with monthly rent between *** and *** U.S. dollars for hyperscale, and *** and *** U.S. dollars for wholesale colocation. Hyperscale data centers have the largest power requirements and customers are usually a cloud or large tech company. Wholesale and retail colocation, on the other hand, have smaller power requirements.

The Australian luxury residential property market, valued at $23.88 billion in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.75% from 2025 to 2033. This expansion is fueled by several key drivers. Strong economic performance in key cities like Sydney, Melbourne, and Brisbane, coupled with a burgeoning high-net-worth individual (HNWI) population, continues to underpin demand for premium properties. Furthermore, a limited supply of luxury housing stock in prime locations, combined with increasing preference for spacious, high-amenity homes, particularly villas and landed houses, contributes to sustained price appreciation. While rising interest rates present a potential restraint, the resilience of the luxury market segment, driven by wealthier buyers less susceptible to interest rate fluctuations, is expected to mitigate this effect. The market is segmented by property type (apartments/condominiums versus villas/landed houses) and location, with Sydney, Melbourne, and Brisbane dominating market share, reflecting their established luxury real estate markets and strong economic activity. Prominent developers like Metricon Homes, James Michael Homes, and others cater to this discerning clientele, offering bespoke designs and high-end finishes. The sustained growth trajectory indicates a promising outlook for investors and developers alike, although careful consideration of macroeconomic factors and regulatory changes will remain crucial. The forecast period (2025-2033) anticipates consistent market expansion, driven by ongoing demand from both domestic and international high-net-worth individuals. While the "Other Cities" segment demonstrates potential for growth, Sydney, Melbourne, and Brisbane are likely to maintain their dominant positions due to existing infrastructure, established luxury markets, and lifestyle appeal. The preference for villas and landed houses is expected to remain strong, reflecting a shift towards larger properties with increased privacy and outdoor space. However, the market will likely see some adjustments in response to economic conditions, including potential shifts in buyer preferences and developer strategies to meet evolving market demands. Maintaining a keen understanding of these dynamics will be critical for navigating the complexities of this dynamic market. Recent developments include: August 2023: Sydney-based boutique developer Made Property laid plans for a new apartment project along Sydney Harbour amid sustained demand for luxury waterfront properties. The Corsa Mortlake development, positioned on Majors Bay in the harbor city’s inner west, will deliver 20 three-bedroom apartments offering house-sized living spaces and ready access to a 23-berth marina accommodating yachts up to 20 meters. With development approval secured for the project, the company is moving quickly to construction. Made Property expects construction to be completed in late 2025., September 2023: A luxurious collection of private apartment residences planned for a prime double beachfront site in North Burleigh was released to the market for the first time with the official launch of ultra-premium apartment development Burly Residences, being delivered by leading Australian developer David Devine and his team at DD Living. The first stage of Burly Residences released to the market includes prestigious two and three-bedroom apartments – with or without multipurpose rooms – and four-bedroom plus multipurpose room apartments that deliver luxury and space with expansive ocean and beach views.. Key drivers for this market are: 4., Increasing Number of High Net-Worth Individuals (HNWIs). Potential restraints include: 4., Increasing Number of High Net-Worth Individuals (HNWIs). Notable trends are: Ultra High Net Worth Population Driving the Demand for Prime Properties.

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.

The Australian commercial real estate market, valued at $34.07 billion in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 8.46% from 2025 to 2033. This expansion is fueled by several key drivers. Strong population growth in major cities like Sydney, Melbourne, and Brisbane is increasing demand for office, retail, and industrial spaces. Furthermore, the burgeoning e-commerce sector is driving significant growth in the logistics and warehousing segments. Government infrastructure investments and a generally positive economic outlook also contribute to this positive market trajectory. While rising interest rates and potential economic slowdown pose some constraints, the long-term fundamentals of the Australian economy and the ongoing need for modern commercial spaces are expected to mitigate these risks. The market is segmented by property type (office, retail, industrial & logistics, hospitality, and others) and by city (Sydney, Melbourne, Brisbane, Adelaide, Canberra, Perth), reflecting diverse investment opportunities and regional variations in growth rates. Sydney and Melbourne are expected to remain dominant, given their established business ecosystems and high population densities. However, other cities such as Brisbane are witnessing significant growth driven by infrastructure development and population influx. The key players in this dynamic market, including Lendlease Corporation, Scentre Group Limited, and Mirvac, are well-positioned to capitalize on these growth opportunities. The segmentation of the market reveals significant potential within specific sectors. The industrial and logistics sector, driven by the e-commerce boom and supply chain optimization efforts, is anticipated to experience particularly strong growth. Similarly, the office sector, while facing some challenges from remote work trends, remains resilient due to the ongoing need for collaborative workspaces and central business district locations. The retail sector will continue to adapt to evolving consumer preferences, with a focus on experience-driven retail and omnichannel strategies. Careful consideration of factors like interest rate fluctuations, construction costs, and regulatory changes will be crucial for investors navigating the complexities of this dynamic market. The forecast period of 2025-2033 offers a promising outlook for sustained growth within this sector. Recent developments include: • October 2023: Costco is planning a major expansion in Australia, with several new warehouses under construction and several prime locations being considered for future locations. Costco currently operates 15 warehouses in Australia, with plans to expand to 20 within the next five years, based on current stores and potential locations., • July 2023: A 45-storey BTR tower will be developed by Lendlease and Japanese developer Daiwa House, completing the final phase of Lendlease's Melbourne Quarter project and its second Build-to-Rent (BTR) project in Australia. The USD 650 million deal, similar to Lend lease's first 443-unit BTR project under construction in the 5.5 hectares of mixed-use space at Brisbane Showground, is a stand-alone investment and is separate from the company's ongoing efforts to build a wider BTR partnership, which will include several assets.. Key drivers for this market are: Rapid Urbanization, Government Initiatives Actively promoting the Construction Activities. Potential restraints include: Rapid Urbanization, Government Initiatives Actively promoting the Construction Activities. Notable trends are: Retail real estate is expected to drive the market.

Housing Index in Australia increased to 183.90 points in the fourth quarter of 2021 from 175.60 points in the third quarter of 2021. This dataset provides the latest reported value for - Australia House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about House Prices Growth

• Australia house prices grew 2.9% YoY in Dec 2024, following an increase of 5.8% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Sep 2004 to Dec 2024, with an average growth rate of 5.8%.
• House price data reached an all-time high of 24.1% in Dec 2021 and a record low of -6.1% in Mar 2019.

Over the past decade, cowork spaces have developed into a small, but important, feature of Australia's commercial office property mix. The Australian market is slowly catching up to surging numbers of cowork spaces around the world, although its development is mostly concentrated in Melbourne and Sydney. A flood of new entrants have set up coworking sites in major cities and annual revenue has grown over time as a result. Coworking sites are pegged as an alternative to traditional commercial office leasing, offering shared workspaces to a variety of downstream clients, including freelancers, start-ups and small businesses. Instead of long-term commercial leases, customers tend to buy memberships or rent out offices on a temporary basis. This has become increasingly popular among certain sections of Australia's economy, driving growth in enterprise, establishment and employment numbers over the past decade. As larger sites have opened up with greater scope to drive additional revenue streams and charge higher prices, the industry’s profitability has also expanded over time. The pandemic upset an otherwise consistent growth narrative, as prolonged citywide lockdowns in Melbourne and Sydney drastically constrained downstream demand. With this rough period, annual revenue is expected to marginally drop at an annualised 0.1% to $537.2 million over the five years through 2024-25. However, this trend includes an anticipated rise of 8.3% in 2024-25 as occupancy rates are trending back towards pre-pandemic averages and new coworking sites are expected to open up. The ratio of office stock accounted for by coworking spaces is rising again after falling during the pandemic. Revenue is forecast to climb at an annualised 5.3% to $693.9 million through the end of 2029-30. New providers will continue to enter the industry, particularly in areas of the country where the market is less developed. In more mature markets, larger operators are forecast to account for a rising share of industry revenue, opening up bigger and more profitable sites that lift the average revenue per establishment.

Released under formal Government Information Public Access (GIPA)

Application to Department of Finance, Services and Innovation (DFSI) - FA#152 16-17

1. A list of addresses of all NSW Government-owned office properties within the Sydney CBD (not including open space or other parcels of land), managed by Property NSW;

2. The agency(s) occupying each NSW Government-owned office property within the Sydney CBD (not including open space or other parcels of land), managed by Property NSW;

3. The respective floor space (in square metres) of each NSW Government-owned office property within the Sydney CBD (not including open space or other parcels of land), managed by Property NSW

The Australian co-working office space market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 6.50% from 2025 to 2033. This expansion is driven by several key factors. The increasing adoption of flexible work arrangements, particularly among small and large-scale companies in sectors like IT, legal services, BFSI, and consulting, fuels demand for adaptable and cost-effective office solutions. Furthermore, the preference for collaborative work environments and the rising number of startups and freelancers contribute significantly to this market's dynamism. Key cities like Sydney, Melbourne, and Perth are leading the charge, attracting major players and establishing themselves as hubs for innovation and entrepreneurship. The market segmentation reveals a significant demand for both flexible managed and serviced offices, catering to diverse business needs and budgets. Competition is fierce, with established international brands and local operators vying for market share. Despite the positive outlook, certain challenges remain. Increased competition may lead to price wars and pressure on profit margins. Economic fluctuations and potential changes in government policies regarding commercial real estate could impact future growth. However, the long-term prospects remain optimistic, fueled by ongoing technological advancements, changing workplace dynamics, and a burgeoning entrepreneurial landscape. The continued growth of the Australian economy and the increasing preference for flexible work arrangements will solidify the co-working space industry's position as a crucial component of the Australian commercial real estate sector. This positive trajectory indicates substantial investment opportunities and a promising future for this dynamic market segment. Key drivers for this market are: Strong Demand and Rising Construction Activities to Drive the Market, Rising House Prices in Germany Affecting Demand in the Market. Potential restraints include: Weak economic environment. Notable trends are: Co-working Spaces are Experiencing Significant Growth.

The Australian co-working office space market, valued at $210 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 15.13% from 2025 to 2033. This surge is driven by several key factors. Firstly, the increasing adoption of flexible work arrangements by businesses of all sizes, from small startups to large corporations, fuels demand for adaptable and cost-effective office solutions. The rise of the gig economy and remote work further contribute to this trend. Secondly, the preference for collaborative work environments and networking opportunities offered by co-working spaces attracts a diverse range of professionals and businesses seeking enhanced productivity and community. Major cities like Sydney, Melbourne, and Perth are leading this growth, driven by strong economic activity and a concentrated workforce. The IT and ITES sector, along with Legal Services and BFSI, are significant contributors to the market's expansion, reflecting the industry's need for adaptable workspace solutions. While increased competition and potential economic fluctuations might pose challenges, the overall outlook for the Australian co-working space market remains positive, indicating a sustained period of growth over the forecast period. The market segmentation reveals a diverse landscape. Flexible managed offices and serviced offices are competing to cater to the specific needs of varied client segments. Demand is spread across various applications, notably Information Technology, Legal Services, Banking, Financial Services, and Insurance, reflecting the broad appeal of co-working models. End-user segmentation shows participation from personal users, small-scale, and large-scale companies. The presence of established players like WeWork, Hub Australia, and local providers such as WOTSO Limited highlights the market's maturity and the competitiveness within the sector. The forecast suggests that the market will continue to grow steadily driven by continued demand for flexible work arrangements and collaborative working environments. Strategic expansion by existing players, along with the emergence of new entrants, will further shape the competitive dynamics in the years to come. Recent developments include: February 2024: Singapore's The Work Project (TWP), a leading flexible workspace operator, partnered with Australian real estate asset group Dexus to establish Australia's inaugural joint venture (JV)-owned premium, flexible coworking operator. The collaboration has birthed a new entity, The Work Project Sydney, which will oversee six coworking centers. These centers, located in key business districts of Sydney, Melbourne, Brisbane, and Perth, collectively span an impressive 150,640 sq. ft of prime office space.June 2023: Industrious, the US-based flexible workspace provider, was set to make its foray into the Australian market. Its inaugural Australian site will be at Level 29, 85 Castlereagh Street, in the heart of Sydney's Central Business District (CBD). This expansion collaborates with 151 Property, an asset management firm from Australia and New Zealand.. Key drivers for this market are: 4., Changing work culture driving the market4.; Cost-effectiveness driving the market. Potential restraints include: 4., Changing work culture driving the market4.; Cost-effectiveness driving the market. Notable trends are: Coworking Spaces are Experiencing Significant Growth.

In the first quarter of 2024, data centers in Singapore's monthly rental price (excluding electricity cost) ranged from *** to *** U.S. dollars per kilowatt-hour. In comparison, data centers in Sydney, Australia's monthly rental rate started at *** U.S. dollars per kilowatt-hour.

In the year ended June 2024, households in the Greater Perth metropolitan area spent around ** percent of their household income on rent. In comparison, households in the Greater Melbourne metropolitan area spent just ** percent of their income on rent.

In the year ended June 2024, around 86 percent of the household income of single pensioners in Greater Sydney was spent on rent. In the rest of New South Wales, just 43 percent of single pensioners' household income was spent on rent.

The statistic depicts the strongest rental growths of office rental markets in Asia in 2018, with forecasts up to 2020, broken down by market segment. In 2018, Sydney offices recorded the strongest rental growth with around 8.55 percent. In 2020, the Osaka office rental market was forecast to reach a four percent growth.

In the first quarter of 2025, the prime office yield in Sydney CBD was 5.88 percent. The prime yield, representing the likely annual return on investment in the prime office market, had gradually decreased between 2016 and 2022, before starting to increase again over the last few years.