Milton / Toowong is a established-tier Brisbane submarket with average asking rent around A$360/sqm/yr · ≈ $21.7 PSF/yr USD.

• Average asking rent: A$360/sqm/yr · ≈ $21.7 PSF/yr USD.
• Tier: established.
• Citywide Class A rent context: A$720/sqm/yr · ≈ $43.5 PSF/yr USD ($43 USD).
• Citywide vacancy: 11.6% — submarket-level availability is typically tighter at established tier.

TL;DR

• Average asking rent: A$360/sqm/yr · ≈ $21.7 PSF/yr USD.
• Tier: established.
• Citywide Class A rent context: A$720/sqm/yr · ≈ $43.5 PSF/yr USD ($43 USD).
• Citywide vacancy: 11.6% — submarket-level availability is typically tighter at established tier.

Where rent sits

Milton / Toowong averages around A$360/sqm/yr · ≈ $21.7 PSF/yr USD for Class A, against a citywide Class A index of 720. As an established / value submarket, rent runs at or below city average with deeper availability.

Availability dynamics

Western suburban Class A spine. Energy, mining services, professional services, telecom.

Key facts

Frequently asked questions

What is the average Class A rent in Milton / Toowong, Brisbane?

Around A$360/sqm/yr · ≈ $21.7 PSF/yr USD. The citywide Class A index sits at A$720/sqm/yr · ≈ $43.5 PSF/yr USD.

Related

• Milton / Toowong — submarket overview
• Brisbane — full city profile
• Brisbane submarkets — all
• Milton / Toowong — Tenants
• Milton / Toowong — Transit
• Milton / Toowong — Amenity
• Milton / Toowong — Buildings

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

Related topics

• Class A Lease Negotiation — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
• Hybrid Workplace Strategy — How to size, structure, and lease a Class A office for a hybrid workforce.
• ESG / LEED for Tenants — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
• Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
• Fit-out Capex — How to budget, sequence, and govern Class A office fit-out">fit-out capex.
• Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.