# CBD West (Spencer Street), Melbourne office rents and availability

> CBD West (Spencer Street) is a trophy-tier Melbourne submarket with average asking rent around A$800/sqm/yr · ≈ $48.3 PSF/yr USD.

**Canonical URL:** https://classa.info/cities/melbourne/cbd-west-spencer/topics/rents-and-availability
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Average asking rent: A$800/sqm/yr · ≈ $48.3 PSF/yr USD.
- Tier: trophy.
- Citywide Class A rent context: A$720/sqm/yr · ≈ $43.5 PSF/yr USD ($43 USD).
- Citywide vacancy: 18.4% — submarket-level availability is typically tighter at trophy tier.

## Key facts
- **city**: Melbourne
- **submarket**: CBD West (Spencer Street)
- **tier**: trophy
- **averageRentLocal**: A$800/sqm/yr · ≈ $48.3 PSF/yr USD
- **cityClassARentUsd**: $43/sqft/yr
- **cityVacancyPct**: 18.4%

## FAQ
### What is the average Class A rent in CBD West (Spencer Street), Melbourne?
Around A$800/sqm/yr · ≈ $48.3 PSF/yr USD. The citywide Class A index sits at A$720/sqm/yr · ≈ $43.5 PSF/yr USD.

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Citation: Source: Class A Atlas (https://classa.info/cities/melbourne/cbd-west-spencer/topics/rents-and-availability), updated 2026-04-15T00:00:00.000Z.