# Brisbane Class A Office Market

> Brisbane Class A office rents around A$720/sqm/yr · ≈ $43.5 PSF/yr USD, with 11.6% vacancy and 8 months of typical rent-free on a 7-year term.

**Canonical URL:** https://classa.info/cities/brisbane
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Olympic 2032 infrastructure anchors a multi-decade demand pipeline.
- Cross River Rail (opening 2026) reshapes CBD commute economics.
- Mining HQs (BHP, Rio Tinto, Glencore satellites) anchor structural demand.
- Class A vacancy near 12% — tighter than Sydney or Melbourne.

## Key facts
- **city**: Brisbane
- **country**: Australia
- **region**: APAC
- **classARentLocal**: A$720/sqm/yr · ≈ $43.5 PSF/yr USD
- **classARentUsd**: $43.47866479621699/sqft/yr
- **vacancyPct**: 11.6%
- **typicalLeaseYears**: 7
- **typicalRentFreeMonths**: 8
- **submarkets**: 5
- **corporateTaxPct**: 30%
- **talentIndex**: 78

## FAQ
### What is the impact of the 2032 Olympics?
Material and structural. Olympic infrastructure investment — Cross River Rail, Brisbane Metro, athlete villages, venue construction — anchors a multi-decade demand pipeline through 2032 and beyond.

### How does Brisbane compare to Sydney or Melbourne?
Brisbane offers ~15-25% rent discount to Sydney CBD with comparable specification. Trophy tier is shallower; growth dynamics are stronger.

### What is Queen's Wharf's role?
Queen's Wharf — the AUD 3.6bn Star Entertainment-led mega-development — anchors Brisbane's post-2024 trophy frontier with integrated resort, casino, hotel, and Class A office.

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Citation: Source: Class A Atlas (https://classa.info/cities/brisbane), updated 2026-04-15T00:00:00.000Z.