Commercial Property

Melbourne's Near City & Suburban Office Market, 2008-2022

This is BIS Shrapnel's fifth study on the non-CBD office markets of Melbourne. Developed as a companion report to the Melbourne Commercial Property study on the metropolitan market and the CBD, this report contains not only detailed forecasts for the major suburban sub-markets of St Kilda Road, Southbank, Docklands and the south-eastern suburbs, but also a discussion on emerging centres and office parks. We ask:

  • What are the relationships between the CBD and suburban centres?
  • What will drive demand for suburban office space?
  • Which suburban markets have the capacity, i.e. land supply and planning policy, to meet growing demand?

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  • Will budget constraints force tenants out of the CBD and which suburban centres are most likely to benefit from the the overflow?
  • What impact will demand have on rents and property values in the suburban centres?
  • Which is the better investment: a suburban centre or the CBD?
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Contact:

Beverley Taylor

PH: +61 2 9959 5924

Report

Adobe PDF document files for download by subscribers.
Adobe PDF document files for download by subscribers.
  • Update Report: Melbourne's Near City & Suburban Office Market 2008-2022 (pdf, 372kb)
  • 2008 Update Tables (xls, 310kb)
  • Full Report: Melbourne's Near City & Suburban Office Market 2008-2022 (pdf, 2017kb)
  • 2008 Main Report Tables (xls, 311kb)