KEY HIGHLIGHTS
The 2025 Office Fit Out Cost Guide for Australia highlights the latest cost trends, insights, and benchmarks to support corporate occupiers in planning budgets for office fit outs. Covering six major Australian cities—Adelaide, Brisbane, Canberra, Melbourne, Perth, and Sydney—the guide provides a detailed breakdown of fit out, retrofit and reinstatement costs.
- Resilience and Stability: The Australian market has shown resilience with fit out costs stabilising, yet we anticipate a moderate increase in capital expenditure budgets to accommodate evolving workplace strategies.
- Positive Project Timelines: This stability in lead times is a positive sign for project timelines in 2025. Sydney and Melbourne continue to lead in fit out costs within Australia, reflecting their status as key business hubs. Companies should plan for higher expenditures in these cities, especially for advanced hybrid workspaces.
- Growth and Demand: Despite the economic volatility, the Australian office market is expected to experience stronger growth in 2025 compared to 2024. This growth will be driven by increased demand for high-quality office spaces that support hybrid working models.
Most Expensive City in Australia for an Office Fit Out
| Cities | Cost |
|---|---|
| 01/ Canberra | $2,998 AUD/sqm |
| 02/ Sydney | $2,665 AUD/sqm |
| 03/ Melbourne | $2,451 AUD/sqm |
| 04/ Brisbane | $2,548 AUD/sqm |
| 05/ Perth | $2607 AUD/sqm |
| 06/ Adelaide | $3,044 NZ/sqm |
CONTRACTOR SENTIMENT SURVEY
Our Contractor Sentiment Survey gathered insights from contractors on sales activity and input costs over the past year, as well as their outlook for the next six months.
OUR SERVICES
At Cushman & Wakefield, we offer a range of services to help you plan and execute your office fit out project. Our team of experts can provide guidance on project and development services, global occupier services, and total workplace consulting. We have a strong reputation in the Asia Pacific region and are committed to helping our clients achieve their goals.
Project & Development Services
Global Occupier Services
Total Workplace
Working collaboratively, we develop workplace strategies and operational solutions that align with the workplace design, emerging business needs and cultural aspirations to create a memorable experience.
