Market statistics
Insight
06 May 2026
Canberra Office Market Dynamics Q1 2026
Categories:
- Q1 2026 net absorption totalled -54,400 sq.m., with vacancy at 10.5%.
- Completions totalled 50,000 sq.m, while 246,000 sq.m. remains under construction with high pre-commitment.
- Prime gross effective rents increased 5.0% to AUD 373 per sq.m. p.a., with incentives unchanged.