Victoria Park Sublease

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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 2, 2016

Victoria Park Rates

The typical asking rate per listing is in the $40's per square foot per year. The Victoria Park region is going through a a rise in rates. In the last 3 months, the median rate increased $25 per sqft per year. That's a 127% increase in rent.

Compared to the rest of the Gold Coast market, the Victoria Park region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Victoria Park Listing Supply

In the last 90 days, 1 listings have come on the market, which means office spaces most likley are going fast. 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 1,380 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 1989 and are Class B.

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 market. Commute by public transit is the most popular way to get to work amongst Victoria Park occupants. Commuting close to 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