South Bank is a prime-tier Brisbane submarket with average asking rent around A$480/sqm/yr · ≈ $29 PSF/yr USD.

  • Average asking rent: A$480/sqm/yr · ≈ $29 PSF/yr USD.
  • Tier: prime.
  • 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 prime tier.

South Bank, Brisbane office rents and availability

South Bank is a prime-tier Brisbane submarket with average asking rent around A$480/sqm/yr · ≈ $29 PSF/yr USD.

TL;DR

  • Average asking rent: A$480/sqm/yr · ≈ $29 PSF/yr USD.
  • Tier: prime.
  • 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 prime tier.

Where rent sits

South Bank averages around A$480/sqm/yr · ≈ $29 PSF/yr USD for Class A, against a citywide Class A index of 720. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Cultural precinct mixed-use Class A. Tech, convention services, government cultural agencies, hospitality.

Key facts

cityBrisbane
submarketSouth Bank
tierprime
averageRentLocalA$480/sqm/yr · ≈ $29 PSF/yr USD
cityClassARentUsd$43/sqft/yr
cityVacancyPct11.6%

Frequently asked questions

What is the average Class A rent in South Bank, Brisbane?
Around A$480/sqm/yr · ≈ $29 PSF/yr USD. The citywide Class A index sits at A$720/sqm/yr · ≈ $43.5 PSF/yr USD.

Related

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.

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