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Melbourne MarketBeat Reports

02/04/2025

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

Demand for office space in Melbourne has started to show signs of recovery in Q1 2025, with leasing activity concentrated on prime assets. As a result, premium grade assets experienced growth, increasing 2.0% year on year (Y-o-Y), with incentives maintaining stability.

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MELBOURNE FRINGE OFFICE REPORT

Across the Melbourne fringe markets net effective rents have increased slight whilst incentives have remained stable. While rents have seen a slight improvement, the investment market continues to remain subdued, with limited transactions in Q1 2025.

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Melbourne Industrial Report

Melbourne take-up activity remains stable and on par with long-term quarterly averages. Speculative additions have underpinned an uptick in the vacancy rate, increasing to 2.4% and is likely to move higher with new supply in Q2, before stabilising in the second half of the year. Rental growth remains positive and forecast to diverge further by precinct.

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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 • 30/01/2025
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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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