Australia and New Zealand Fit-Out Cost Guide 2026

Office fit-out costs across Australia and New Zealand remain consistently high and are subject to intense local pressures, including persistent skilled labour shortages and high material costs. The average cost for a moderate-style, medium-quality office fit-out in Australia is AU$3,011/sqm, significantly higher than the APAC average of AU$2,197/sqm and closely aligned with the global average of AU$3,031/sqm (as of Q1 2026). Fit-out costs across Australia have grown between 3.5-6% YoY depending on the state. Auckland's average cost sits at AU$2,694/sqm (NZ$3,216/sqm), reflecting New Zealand's own unique challenges, including a net outflow of skilled labour to Australia and significant logistical costs. These figures underscore the high-cost reality of delivering projects in the ANZ region.

Understanding the unique cost structure of the Australian market is vital for creating feasible project plans and allocating capital effectively. The breakdown below reveals where investment is concentrated and highlights the strategic decisions required to balance workplace aspirations with budget certainty.

Builders' works command a dominant share at 50% of total costs, significantly higher than the APAC (37%) and global (38%) benchmarks - a direct reflection of the high local cost of labour and materials driven by persistent skilled trade shortages. M&E services represent 20% of the budget, while a substantial combined share is allocated to technology and user experience: 14% for Security, IT, and AV works, and 11% for FF&E. Professional services account for just 4%, notably lower than the APAC average of 8%, reflecting a distinct feature of the local market structure.

Gain the insights you need to make informed decisions about your next office fit-out. Access detailed cost data, market intelligence, and strategic recommendations tailored to the Australian and New Zealand context.