Victoria Park Retail

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Victoria Park

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
1,500
As of: December 10, 2016

Victoria Park Rates

The typical asking rate per listing is in the $40's per square foot per year. The Victoria Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $45 per sqft per year.

Compared to the rest of the Gold Coast market, the Victoria Park submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Victoria Park Listing Supply

In the last 90 days, 2 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region were built in 1989 and are Class C.

Victoria Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Victoria Park residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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