Parkville & CBD North is best-fit for life sciences, biotech, healthcare, education.

• Tier: prime.
• Tenant fit: Life sciences, biotech, healthcare, education.
• Average rent A$600/sqm/yr · ≈ $36.2 PSF/yr USD.

TL;DR

• Tier: prime.
• Tenant fit: Life sciences, biotech, healthcare, education.
• Average rent A$600/sqm/yr · ≈ $36.2 PSF/yr USD.

Best fit

Life sciences, biotech, healthcare, education.

Less good fit

Tenants demanding the absolute top-of-market trophy address may find prime tier just below their target.

Key facts

Frequently asked questions

Is Parkville & CBD North the right fit for my office?

Life sciences, biotech, healthcare, education. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

Related

• Parkville & CBD North — submarket overview
• Melbourne — full city profile
• Melbourne submarkets — all
• Parkville & CBD North — Rents
• Parkville & CBD North — Tenants
• Parkville & CBD North — Transit
• Parkville & CBD North — Amenity

Editorial provenance

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

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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