Canberra's Flexible Office Price Guide
Stay up to date with the latest prices for coworking desks and flexible office space in Canberra, ACT.
ACT Flexible Office Space Summary - Q2, 2024
Canberra is a thriving business hub, showcasing the best of Australia's economy. The city owes its success to its public sector - with government agencies at the heart of life here – leading to tremendous opportunities in professional services fields such as consulting, accounting and legal firms. Canberra also stands out due to its vibrant technology industry which has a strong presence across defense and cybersecurity sectors.
At $500 per desk per month, office space in ACT is priced well below the national median of $655 per desk.
| Median Office Rate Per Person | Median Coworking Desk Rate Per Person | Flex Floorspace Available (sqm) | Available Desk Capacity |
|---|---|---|---|
| $500 | $368 | 3,900 | 744 |
Change in Canberra's Median Office Price - Q2, 2024
After rising quickly in Q1, desk rates in the greater Canberra closed the Q2 quarter down 7.4% to $500 per desk in a return to historical averages.
Change in Canberra's Flexible Office Floor Space - Q2, 2024
After a slight gain in Q1, available office space fell 28% to 3,900 sqm in Q2.
Median Price of Flexible Office in Canberra by Office Size
Desk rates for offices for 1-4 people fell 7% to $500 while rates for larger sized offices with 16-25 desks was up 22% to $730 per desk per month due to limited availability.
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Office Capacity by Office Size
When it comes to availability, 83% of all available offices and 57% of available space is set aside for small teams of up to ten people. This is great for small businesses or startups who prioritise flexibility and features over a long term lease but unlike other major cities, there are no options available for teams larger than 50.
Desk Rates by Space Type
Looking closely at pricing, specifically for space from coworking operators versus more traditional businesses, you'll find a median price of $360 per person for a single desk in a coworking facility compared to $375 for a desk in a traditional business. When it comes to private offices the desk rate at a coworking operator is the same as a traditional business at $500. When you consider that flex space from a coworking operator provides an attractive proposition with extra amenities included - think break rooms, reception support, shared kitchens and even bike storage or shower facilities, you get a lot more for your budget.
Desk Rates by Operator
Though price is not always the best option to compare coworking operators, as quality and amenities varies across operators and locations, you'll find median prices starting as low as $420 at Haven Workspaces and $540 per desk at Wotso to $540 at Jaga Workspaces and $850 at Work Club.
Median Price of Office Space by Suburb in Canberra
For companies looking for a further discount on rates, suburbs outside the CBD such as Symonston, Phillip, Dickson and Fyshwick have a range of smaller offices for teams of 10 or fewer people available for a median rate of $500 or less per desk.
| Location | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
|---|---|---|---|---|---|---|
| Canberra | $832 | $630 | $665 | $966 | $740 | - |
| Belconnen | $500 | $650 | - | $600 | - | - |
| Fyshwick | $500 | - | - | $400 | - | - |
| Dickson | $500 | $500 | - | - | - | - |
| Kingston | $495 | $540 | - | - | - | - |
| Phillip | $500 | $500 | $500 | - | - | - |
| Symonston | $450 | $450 | - | - | - | - |
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Offices in Canberra
For a wide selection of office space in Canberra you'll find options for teams of 26 to 50 people at a median price of $580 per desk, down 10% from Q4 2023.
Private Office for up to 16 People with 10pax Meeting Room & Phonebooth
Level 5, 73 Northbourne Avenue Canberra
7 Person Serviced Office
Suite 7, 10 Wormald Street Symonston
Private Office for up to 8 People
Level 5, 73 Northbourne Avenue Canberra
7-pax External Private Office in Kingston
Unit 1-4, 15 Tench Street Kingston
External Custom Suite for up to 23 People | 154 sqm.
15 Moore Street Canberra
Private Office for up to 6 People
Level 5, 73 Northbourne Avenue Canberra
Coworking Spaces in Canberra
For those just looking for a desk, you'll find a number of great deals on coworking spaces in Canberra.
Dedicated Desk
68 Northbourne Avenue Canberra
Permanent Desk
10 Wormald Street Symonston
Dedicated Desk
Level 1, 18 National Circuit Canberra
Author: Tom Petryshen, VP Growth & Analytics
Updated: July 10, 2024
Frequently Asked Questions
How much does it cost to rent office space in Canberra?
As of June 30, 2024 the median price for Canberra office space is $500 per desk per month.
How much does it cost to rent a coworking desk in Canberra?
The median cost to rent a dedicated Canberra coworking desk is currently $375 per desk per month.
Flexible Office Price Guides
- Sydney Office Space Guide
- Melbourne Office Space Guide
- Brisbane Office Space Guide
- Perth Office Space Guide
- Adelaide Office Space Guide
- Canberra Office Space Guide
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