Docklands's tenant base is anchored by banking (nab), telecom, healthcare insurance (medibank), media.

  • Tier: prime.
  • Tenant character: Trophy waterfront expansion.
  • Average rent: A$700/sqm/yr · ≈ $42.3 PSF/yr USD.

Docklands, Melbourne tenant profile

Docklands's tenant base is anchored by banking (nab), telecom, healthcare insurance (medibank), media.

TL;DR

  • Tier: prime.
  • Tenant character: Trophy waterfront expansion.
  • Average rent: A$700/sqm/yr · ≈ $42.3 PSF/yr USD.

Who clusters here

Banking (NAB), telecom, healthcare insurance (Medibank), media.

What that means for newcomers

Newcomers to Docklands should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityMelbourne
submarketDocklands
tierprime
averageRentLocalA$700/sqm/yr · ≈ $42.3 PSF/yr USD
cityClassARentUsd$43/sqft/yr
cityVacancyPct18.4%

Frequently asked questions

What kind of tenants lease in Docklands?
Banking (NAB), telecom, healthcare insurance (Medibank), media.

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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