Latest Flex Office Market Insights: Australian Flexible Office Space Report - January 2024

WeWork vs Spaces

WeWork vs Spaces

Everything you need to know about two of the top coworking operators in Australia. Compare WeWork and Spaces today.

Though challenging on the surface, finding the right coworking or serviced office space is easier than ever with global players like WeWork and Spaces ready to help your business succeed locally or globally.

Before making the move. there are a few essential questions to consider:

  • Which amenities are absolute musts?
  • What kind of vibe am I going for?
  • How much privacy do I need?
  • Who are the highest-rated operators?

Of course, there are more factors at play than just these four. Using other variables such as value for money, facilities, experience, and more, here's the lowdown on two of the most prominent coworking operators in Australia: WeWork and Spaces.

About WeWork

WeWork Coworking Offices

The Office Group LogoFounded over a decade ago in New York by Miguel McKelvey and Adam Neuman, WeWork has since become a massive global entity. It has a whopping 800 locations around the world, including 20 premium serviced offices spread out across Sydney, Melbourne, Brisbane, and Perth. Overall, it manages over 4 million square metres.

Workspaces for Everyone

Initially, the company aimed to create flexible shared workspaces for entrepreneurs, specifically those in the technology field. Over the years, it's held fast to its vision of creating environments where people from various industries can join forces to do their best work. WeWork casts a wide net these days, but it still caters best to startups, freelancers, and businesses of all sizes with some WeWork locations having entire floors available for larger companies.

Community Is Part of WeWork's Fabric

The company is perhaps best known for its particular aesthetic, which includes innovative architecture, modern layouts, and trendy common spaces. Many offices have glass walls, which is great for creating a communal feel. The end result infuses its coworking spaces with a casual coffee shop vibe. In fact, micro-roasted coffee, tea, and fruit water are free to patrons at every location — and some of them even offer beer on the house.

Upgraded Safety Protocols

All of WeWork's facilities allow 24/7 coded access, and in the COVID-19 era, buildings have been further enhanced to increase sanitization, improve airflow, and make physical distancing easier.

Wework Pricing and Availability on Rubberdesk

Median Office Rate Per Person $644
Median Coworking Desk Rate $244
Flex Floorspace Available (sqm) 16,975
Available Desk Capacity 2,841

See the full range of available WeWork offices.

About Spaces

Spaces Coworking Offices

Spaces Coworking LogoA global coworking and serviced offices provider, Spaces has nine premium offices in Australia, including its newest location Two MQ in Melbourne’s business district. All Spaces locations are built to meet the needs of today's professionals. Here's what you can expect:

A Collaborative Atmosphere

Spaces is proud to serve innovative, forward-thinking professionals and companies of all sizes. Its location designs emphasize creativity and collaboration, while its European-inspired Business Center and networking events encourage members to build their connections and grow their ventures. Known for creating collaborative breakout spaces with soft furnishings, meeting room tables for casual conversations, and impressive onsite cafes.

Flexible Access

Spaces understand that every workspace needs variety, and it has designed its membership accordingly. Members can access modern and luxuriously designed end-of-trip facilities (as well as the lockers). Plus, with extra amenities like personal lockers, members can feel at home and ready to do their best work. Spaces private and secure spaces are accessible 24/7, and coworking spaces are open during business hours. There’s also the option to book a meeting room in advance or tuck into a phone booth spontaneously when the need arises.

Built with People in Mind

Spaces designed its offices to help people do their best work. A wide variety of options are available, from empty spaces that members can customize to fully serviced and furnished locations. Contracts are flexible, allowing members to choose different options as their businesses grow. Plus, with extra amenities like personal lockers, members can feel at home and ready to do their best work.

Spaces Pricing and Availability on Rubberdesk

Median Office Rate Per Person $685
Median Coworking Desk Rate $570
Flex Floorspace Available (sqm) 10,075
Available Desk Capacity 358

See the full range of available Spaces offices.

How we Compare

We look at a number of factors to help you compare these two serviced office operators and find the best office for your business.

Spaces vs WeWork - Just the Facts

WeWork Spaces
The Skinny WeWork has fast become one of the largest coworking platforms in the world. Known for its inspiring and innovative architectural designs, premium office space, and global services, WeWork has effectively created a community that reaches a worldwide audience. Spaces offer luxurious working environments with a unique entrepreneurial spirit. With 13 modern locations across Australia, Spaces strives to create unique communities within each centre.
Prices $$$$$ $$$$$
Style Modern and trendy office layouts Luxurious, highly customisable layout
Vibe Casual, relaxed & community driven Creative, vibrant, professional
Space Dedicated desks, Coworking memberships (WeWork All Access), Private offices, Suites, Enterprise Suites, Entire floors with private meeting rooms Private Offices, Coworking membership, Dedicated desks, Virtual Office, Meeting Rooms.
Best for: Startups, Freelancers, Small businesses, Enterprise clients looking for a private floor, and those traveling interstate Those seeking an energetic community of positive and open-minded business thinkers who love to meet new people.
Locations 15 premium centres located across Sydney, Melbourne, Brisbane, North Sydney, Perth, Brisbane, Pyrmont, Bowen Hills, Northbridge 12 Modern locations across Sydney, Surry Hills, Melbourne, Richmond, Brisbane, Perth.
Available Offices on Rubberdesk 159 27
Available Desks on Rubberdesk 2,841 358
Meeting Rooms 200 23
Virtual Offices N/A Business address, mail handling, telephone answering, access to a global network of business lounges.
Amenities Turnkey Office Space
Open desk & Private office Layouts
Desks & office chairs
Filing cabinets
Lighting
Privacy vinyl
Air conditioned
Reception desk with meet and greet
Unlimited WIFI
Printers & copiers
Paper & pens
Paper Shredding
Incoming & outgoing mail service
Mail & package, notification, sorting & delivery
Unlimited tea & coffee
Community network events
Dedicated business telephone, number & line per person
Dedicated Business Address
Mail handling (Mail and parcels delivered to your desk daily
Internet connection with uncapped data per person (shared bandwidth)
Air conditioned
Furniture
Printers
Monthly Centre Events
Dedicated business address with mail handling
meeting rooms and boardrooms
Access & Security Keycard Activation / Deactivation with 24/7 Access
Guest Management / Keycard Access
Security Guards & Video Surveillance
Fire & Safety Personnel
Lift Access
Private parking (by location)
Wheelchair access
24/7 Access to your office, 24/7 Security (security may vary by centre)
Lift Access
Setup - Keys, access cards
Facilities Conference Rooms
Meeting Booths & Nooks
Phone Booths
Classrooms
A/V Capability
White Boards & Dry Ease Markers
Furniture & Equipment
Coffee machine
Fridge
Outdoor space
Private bathroom
Private eating area
Private shower
Shared kitchen
Private showers (End of Trip)
Breakout space
Access to meeting rooms
Coffee Machine
Fridge
Outdoor space
Shared kitchen
Private bathroom
Private showers
Private eating area
Private shower
Shared kitchen
Meeting rooms
All facilities management & outgoing costs including electricity & water
Extras Additional fees apply for conference/meeting rooms beyond monthly available credits Enjoy complimentary access to 3600 business lounges, including airport lounges worldwide as each occupant will receive a Businessworld Gold Membership
Free access to 50 Million Wi-Fi hotspots globally
Ability to transfer your liability to any of the IWG locations globally
ability to upgrade and expand into project offices at any stage during your agreement term
Privacy Many offices have glass walls though frosting is available for those businesses with privacy concerns Spaces private offices are highly customisable to suit your business' privacy needs
Confidential calls can be taken in private phone booths
Customers Slack, Puma, KPMG AT&T, Google, Toshiba
Average Google Star Rating 4.7 4.7

Compare Coworking Operators

WeWork Coworking Offices in Sydney

64 York Street Sydney

1 person
Private Office
Up to 14 people
Private Offices
Up to 2 people
Private Offices
Up to 24 people
Private Offices

Spaces Coworking in Melbourne

Author: Tom Petryshen, VP Growth & Analytics, Rubberdesk

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