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Sydney MarketBeat Reports

02/10/2026

Cushman & Wakefield’s Sydney 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 Sydney MarketBeat reports below.

CURRENT MARKETBEATS

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SYDNEY CBD OFFICE REPORT

Sydney's CBD continued to strengthen in Q3 2026, with Premium vacancy falling 120 bps to 7.7% and prime net effective rents up 6.5% YoY. Investment activity picked up as investors re-engaged, led by 1 Market Street, 100 Market Street and 680 George Street. Overall vacancy remains elevated at 13.3%, and large prime completions through 2027 are expected to keep it that way.

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SYDNEY METRO OFFICE REPORT

Sydney's metro office markets remained subdued in Q3 2026, with six-month net absorption of -19,543 sqm and vacancy at 24.7%, led by weakness in Macquarie Park. Prime face rents rose 8.5% YoY, but elevated incentives continue to cap effective rental growth. Yields moved out further, while investment activity remained elevated, highlighted by the $590 million sale of 100 Mount Street, North Sydney.

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Sydney Industrial Report

Sydney's leasing market demonstrated resilience through Q3 2026, with gross take-up reaching approximately 290,000 sqm for the quarter, taking 2026 volumes to just over 1.0 million sqm. Net absorption remained positive at almost 120,000 sqm, driven largely by activity in the Outer West. The vacancy rate recorded only a modest increase to 3.9%, as continued leasing activity offset speculative completions and secondary backfill space.

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FEATURED INSIGHTS

APAC Marketbeat
MarketBeat

Sydney MarketBeat Reports

Cushman & Wakefield's Sydney MarketBeat reports analyse quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
02/10/2026
Perth
MarketBeat

Perth MarketBeat Reports

Cushman & Wakefield's Perth MarketBeat reports analyse quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
02/10/2026
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 • 04/08/2026

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PREVIOUS MARKETBEATS

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