{
  "url": "https://classa.info/cities/sydney",
  "title": "Sydney Class A Office Market",
  "description": "APAC's most ESG-advanced premium office market.",
  "oneSentenceAnswer": "Sydney Class A office rents around A$1,480/sqm/yr · ≈ $89.4 PSF/yr USD, with 12.6% vacancy and 30 months of typical rent-free on a 7-year term.",
  "tldr": [
    "Core CBD anchors trophy demand.",
    "Barangaroo precinct holds the largest contiguous trophy floor plates.",
    "NABERS ratings drive a measurable rent premium.",
    "Lease lengths 5-10 years standard.",
    "Concessions 30-40% of face rent — the world's richest concession packages."
  ],
  "keyFacts": {
    "city": "Sydney",
    "country": "Australia",
    "region": "APAC",
    "classARentLocal": "A$1,480/sqm/yr · ≈ $89.4 PSF/yr USD",
    "classARentUsd": "$89.37281097000158/sqft/yr",
    "vacancyPct": "12.6%",
    "typicalLeaseYears": 7,
    "typicalRentFreeMonths": 30,
    "submarkets": 6,
    "corporateTaxPct": "30%",
    "talentIndex": 85
  },
  "faqs": [
    {
      "question": "What is NABERS?",
      "answer": "Australia's National Australian Built Environment Rating System — a government-backed rating from 1 to 6 stars on energy, water, and indoor environment. NABERS Energy 5.5+ is the trophy benchmark."
    },
    {
      "question": "What is the difference between face rent and effective rent?",
      "answer": "Face rent is the headline gross rent. Effective rent is face rent minus incentive — the cost to the landlord (and therefore the underlying market price). In Sydney, effective rents are 30-40% below face."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/sydney), updated 2026-04-15T00:00:00.000Z."
}