Your questions about office space in Sydney, answered honestly.
Sydney flex desk rates and traditional lease costs — converted to GBP for comparison. Rates are near all-time highs.
| Office type | Cost range (GBP) | Cost range (AUD) | Notes |
|---|---|---|---|
| Serviced desk (CBD) | £315–£550/desk/mo | A$630–A$1,100/desk/mo | Near all-time high (Rubberdesk Q1 2026) |
| Coworking desk median | £300/desk/mo | A$600/desk/mo | Median rate across operators |
| Traditional lease (CBD) | ~£500–£700/sq m/yr | A$1,000/sq m/yr net rent | CBD Class A buildings |
| Fit-out cost | ~£1,400–£2,200/sq m | A$2,665/sq m | Additional to lease rent |
AUD figures converted at ÷1.93 (May 2026). Sources: Rubberdesk Q1 2026, Office Hub 2025.
Supply crunch alert: 40,525 sqm of flex space in Sydney CBD (+15% in latest quarter) — but demand is outstripping supply. Flex desk rates at near all-time highs of A$1,024/desk/month (Q1 2026 Rubberdesk). Grade A vacancy below 3%. Small businesses are being hardest hit by the supply crunch.
Broker fee structures across Australia and what they mean for your Sydney deal.
| Market | Typical broker fee | On a 10-desk deal |
|---|---|---|
| Australia | 1–3% of total lease value | £2,000–£6,000 (3yr) |
| UK / Europe | 1–3% of total lease value | £2,000–£6,000 (3yr) |
| United States | 3–5.5% of total lease value | £5,000–£8,000 (3yr) |
| With Seek | £0 | We charge operators a flat subscription |
Broker fees are typically paid by the landlord (built into rent) but the cost is absorbed by the tenant. On a 3-year lease for 10 desks at market rates, you pay the broker one way or another.
Seek removes this layer. We connect you directly with Sydney operators who have agreed to list without a commission layer. Their flat subscription covers the platform cost — your deal size is irrelevant to us. Find a Sydney operator →
Seek surfaces all operators — including those who don't pay for broker listings — so you compare real options transparently. No commission, no embedded fee in your rent.
Sydney's flex market is anchored by IWG/Regus, WeWork (9 locations), and local operators. Rates are near all-time highs — signalling strong demand across all operator types.
Sydney flex desk rates are near all-time highs (A$1,024/desk/month Q1 2026). Grade A vacancy below 3%. Supply grew 15% but demand outstripping it.
Flex desk rates at A$1,024/desk/month (Q1 2026 Rubberdesk) — near all-time highs. Supply grew 15% to 40,525 sqm but demand is outstripping it. The window of negotiating leverage may be closing.
Small businesses are being hardest hit by the supply crunch. Grade A vacancy below 3%. Grade A rents at near-record levels. Start your search early to access the best available space.
Australian tenant rep brokers typically charge 1–3% of total lease value. On a 10-desk, 3-year deal at A$800/desk/mo, that's A$2,880–A$8,640. With Seek: £0.
Two main models — and the trade-offs between them.
| Category | Available on Seek | Notes |
|---|---|---|
| Buildings listed | 60+ | Direct to operators — no broker layer |
| Serviced desk (CBD) | From £315/desk/mo | From A$630/desk/mo — all-inclusive |
| Coworking desk median | ~£300/desk/mo | A$600/desk/mo median |
| Flex desk rate (all-time high) | ~£530/desk/mo | A$1,024/desk/mo (Q1 2026) |
Answers to the questions Sydney office seekers ask us most.