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Sydney Australia

Metropolitan Area Economic Overview
Calculations for all indices were provided byApplied Geographic Solutions

Market Research provided by NAI Harcourts
Last Updated: 10-Jan-2012
Market Overview
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* Click on each category for a detailed definition.

RENT/M2/YEAR RENT/SF/YEAR
Low High Effective Avg. Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction AUD 900.00 AUD 1,300.00 AUD 810.00 $ 86.20 $ 124.51 $ 835.05 2.6% 6.5%
Class A (Prime) AUD 600.00 AUD 800.00 AUD 570.00 $ 57.47 $ 76.62 $ 587.63 6.0% 7.3%
Class B (Secondary) AUD 420.00 AUD 620.00 AUD 390.00 $ 40.23 $ 59.38 $ 402.06 9.0% 8.5%
 
Suburban Office
New Construction (AAA) AUD 400.00 AUD 550.00 AUD 410.00 $ 38.31 $ 52.68 $ 422.68 N/A 8.0%
Class A (Prime) AUD 370.00 AUD 450.00 AUD 350.00 $ 35.44 $ 43.10 $ 360.82 7.0% 8.5%
Class B (Secondary) AUD 220.00 AUD 340.00 AUD 255.00 $ 21.07 $ 32.56 $ 262.89 9.0% 9.3%
 
Industrial
Bulk Warehouse AUD 85.00 AUD 145.00 AUD 120.00 $ 8.14 $ 13.89 $ 123.71 N/A 8.5%
Manufacturing AUD 78.00 AUD 180.00 AUD 125.00 $ 7.47 $ 17.24 $ 128.87 N/A 8.3%
High Tech / R&D AUD 180.00 AUD 275.00 AUD 225.00 $ 17.24 $ 26.34 $ 231.96 N/A 8.0%
 
Retail
Downtown AUD 6,100.00 AUD 13,000.00 AUD 8,700.00 $ 584.23 $ 1,245.08 $ 8,969.07 N/A 6.0%
Neigborhood Service Centers AUD 400.00 AUD 2,000.00 AUD 700.00 $ 38.31 $ 191.55 $ 721.65 N/A 8.5%
Community Power Center AUD 150.00 AUD 700.00 AUD 480.00 $ 14.37 $ 67.04 $ 494.85 N/A 10.0%
Regional Malls AUD 1,100.00 AUD 3,800.00 AUD 1,800.00 $ 105.35 $ 363.95 $ 1,855.67 N/A 7.8%

Development Land Low/Hectare High/Hectare Low/Acre High/Acre
Office in CBD N/A N/A N/A N/A
Land in Office Parks N/A N/A N/A N/A
Land in Industrial Parks N/A N/A N/A N/A
Office/Industrial Land - Non-park N/A N/A N/A N/A
Retail/Commercial Land N/A N/A N/A N/A
Residential N/A N/A N/A N/A

Conversion 0.97AUD = 1 US$


 

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