Melbourne Retail

Melbourne

Office Space Market Report

Number of Listings (last 90 days)
44
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,770
As of: February 26, 2017

Melbourne Rates

Most listings are in the $10's per square foot per year. The Melbourne submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 11% decline in rent.

Melbourne Listing Supply

In the last 90 days, 45 listings have been made available, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,770 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market 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