CBD East (Collins Street) is best-fit for banking (nab, anz), insurance, law (allens, minterellison), professional services.
CBD East (Collins Street) is best-fit for banking (nab, anz), insurance, law (allens, minterellison), professional services.
Banking (NAB, ANZ), insurance, law (Allens, MinterEllison), professional services.
Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.
| city | Melbourne |
|---|---|
| submarket | CBD East (Collins Street) |
| tier | trophy |
| averageRentLocal | A$880/sqm/yr · ≈ $53.1 PSF/yr USD |
| cityClassARentUsd | $43/sqft/yr |
| cityVacancyPct | 18.4% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.