Melbourne Industrial

Melbourne

Office Space Market Report

Number of Listings (last 90 days)
59
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,680
As of: December 5, 2016

Melbourne Rates

The typical asking rate per listing is in the $10's per square foot per year. The Melbourne submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.

Melbourne Listing Supply

In the last 90 days, 59 listings have been listed, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,680 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1986 and are Class A.

Melbourne Community

Market Report

Trends and status of the commercial real estate market in Melbourne.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Melbourne.
Research