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Melbourne MarketBeat Reports

21/01/2026

Cushman & Wakefield’s Melbourne MarketBeat reports analyse quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Learn more about our local markets and property types by downloading our most recent Melbourne MarketBeat reports below.

CURRENT MARKETBEATS

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MELBOURNE CBD OFFICE REPORT

Melbourne’s CBD office market is beginning to stabilise following an extended period of subdued demand, with early signs of recovery emerging through Q4 2025. Leasing activity is improving, led by prime-grade assets as tenants increasingly prioritise quality, flexibility and location. Net effective rents have recorded modest growth at the premium end, while secondary assets continue to face incentive and vacancy pressure.

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MELBOURNE FRINGE OFFICE REPORT

Melbourne's Fringe office market is navigating a period of adjustment, with leasing demand shifting toward more affordable and flexible space options. While vacancy has risen in South Bank and St Kilda Road, rental growth continues in key precincts like Cremorne and Richmond. Investor interest remains selective, with well-located assets near transport and infrastructure continuing to attract attention.

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Melbourne Industrial Report

Q4 leasing accelerated to almost 410,000 sqm, taking annual volumes to just under 1.3 million sqm, while net absorption returned to positive. Vacancy rose to 3.8%, underpinned by the West and South East submarkets, though a thinning supply pipeline is expected to apply downward pressure through 2026.

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FEATURED INSIGHTS

Warehouse Internal Rack
MarketBeat • Investment / Capital Markets

Australia Capital Markets Marketbeat Report

The Australia Capital Markets Marketbeat Report offers a examination of the Australian economy.
Jake McKinnon • 22/10/2025
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Research • Investment / Capital Markets

Australian CRE Glide Path Report

This report gives an update on recent pricing trends in the Commercial Real Estate market and how this is set to evolve.
12/09/2024
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Insights • Investment / Capital Markets

Rethinking The Australian Office

Our Rethinking the Australian Office Report provides an in-depth analysis of the Australian office market to help landlords interpret the value of strategically repositioning their buildings.
12/08/2024

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PREVIOUS MARKETBEATS

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