Sydney leads the way in available flexible office space for rent, with 37,095 sqm. Though some of this new capacity has come from new office openings, the pandemic has also added to the market’s supply.
The Sydney CBD, as the primary business center for many Australian head offices, has some of the highest rents before discounts. The median price per person is higher in larger offices because these larger spaces are often fully enclosed, on a dedicated floor, and include their own amenities and meeting rooms.
If you don’t have the budget for the Sydney CBD, there are plenty of other flexible spaces outside the CBD or on the city outskirts where you can quickly set up shop, such as North Sydney, St Leonards, or North Strathfield, that offer great value.
For smaller businesses that require closer proximity to the downtown core, Pyrmont, Chippendale, Paddington, and Bondi Junction all offer flexible office space at a lower cost.
From the Northern Beaches to Sydney’s Inner and Outer West, and from South Sydney to the Eastern Suburbs, Sydney has office space for rent in over 70 bustling suburbs starting at $200 per person per month.
Most flexible office prices are calculated on a per workstation (or per person) per month basis in the flexible office market. Some flexible agreements can be negotiated on a per square foot, per month basis.
Flex Offices (Coworking Space) Price Table for Sydney
Here are the current average pricing per desk for coworking spaces or flex offices in Sydney. For any pricing enquiries, feel free to talk to us thru chat!
| Suburb | Avg Desk Cost |
|---|---|
| Sydney CBD | $800-850 |
| Pyrmont | $600-650 |
| Barangaroo | $950 |
| Parramatta | $500 |
| North Sydney | $650-700 |
| Surry Hills | $750-800 |
How Much Do Top Flexible Offices Cost in Sydney?
Regus Australia offers a wide range of office formats in different parts of Australia, including New South Wales. Prices for collaborative workstations start at A$448 per person per month.
Compass Offices is a flex space operator with offices in central CBDs in eight cities across Asia Pacific and Australia. Compass Offices’ workspace options range from serviced offices and virtual spaces to coworking hubs and more. In Australia, prices for a desk per person per month begin at A$700.
In business locations around the world, the Executive Centre provides world-class infrastructure and premium serviced spaces. Individual workstations start at A$500 per month. Aside from desk space, the price includes internet, electricity, building expenses, and other great perks.
JustCo has Asia’s largest coworking network, spanning seven countries. With offices in Melbourne and Sydney, the massive flex space provider has recently entered the Australian market. Monthly coworking space rentals start at A$741.
Christie Spaces is an Australia-based provider of flexible offices and coworking spaces with locations in Melbourne, Melbourne, Sydney CBD, and North Sydney. The monthly cost per person starts at A$281 and varies depending on location.
In Sydney, WeWork has nine locations. The hot desk option costs an average of A$550 per month, while the dedicated desk option costs an average of A$797 per month. WeWork appears to have a higher average price than other coworking spaces in this case. The price difference is also due to amenities such as 24/7 access, a permanent mail address, showers and lockers, and so on.
Fishburners is a non-profit coworking space that attracts some of Sydney’s best startups. The coworking space hopes to build a large community that will provide its members with access to mentors, investors, media contacts, potential customers, and other resources. You can join for $300 per month if you work part-time, or $400 per month if you work full-time.
Are Flexible Offices Cheaper Than Traditional Offices?
Although working from a coworking space is more expensive than working from home or plugging in at a cafe, it works out to be less expensive than establishing a traditional office.
Coworking spaces aren’t perfect, but there aren’t usually any hidden costs because all utilities are included in your rental package. Tenants are not required to pay any upfront fees, nor are they expected to sign long-term leases. Often, you can select the best payment plan for you.
Wrapping Up
Sydney has one of the world’s best startup ecosystems and is home to Australia’s largest tech startup hub. The demand for space in the city’s key districts shows no signs of abating, and as competition heats up, businesses of all sizes will benefit from the agility and affordability of Sydney’s flexible office space.There are several coworking spaces in Sydney that offer competitive rates and may be a good fit for your preferred work style.
Enterprise software development experience. More recently in positions including CTO, Lead Developer and Head of Product in Australia. Deep expertise in property and legal technology in Australia with a specialty in lead generation and tech scalability across Asia-Pacific.