CBD West (Spencer Street) comparable Class A buildings include Rialto Towers, Bourke Place, Tower 1 Collins Wharf.
CBD West (Spencer Street) comparable Class A buildings include Rialto Towers, Bourke Place, Tower 1 Collins Wharf.
**Rialto Towers** **Bourke Place** **Tower 1 Collins Wharf**
| 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% |
| comparableCount | 3 |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.