Australian Office Outlook 2025

10% 15% 20%

10% 15% 20% 25%

FORECAST

10% 15% 20% 25%

FORECAST

FORECAST

Growth accelerated from 2022, peaking in 2024.

0% 5%

0% 5%

0% 5%

Growth expected to accelerate in 2026 – 2027, driven by the core with rent growth outside of the core to be more subdued.

-20% -15% -10% -5%

-20% -15% -10% -5%

-20% -15% -10% -5%

Consistent growth forecasted until 2030.

10% 15% 20%

10% 15% 20%

FORECAST

FORECAST

0% 5%

0% 5%

-20% -15% -10% -5%

Strong growth

-20% -15% -10% -5%

Temporary correction in 2028.

forecast for 2028-2030.