Barangaroo is a trophy-tier Sydney submarket with average asking rent around A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD.

  • Average asking rent: A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: A$1,480/sqm/yr · ≈ $89.4 PSF/yr USD ($89 USD).
  • Citywide vacancy: 12.6% — submarket-level availability is typically tighter at trophy tier.

Barangaroo, Sydney office rents and availability

Barangaroo is a trophy-tier Sydney submarket with average asking rent around A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD.

TL;DR

  • Average asking rent: A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: A$1,480/sqm/yr · ≈ $89.4 PSF/yr USD ($89 USD).
  • Citywide vacancy: 12.6% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Barangaroo averages around A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD for Class A, against a citywide Class A index of 1480. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Sydney's western waterfront trophy precinct. Banks, accounting firms, consulting (KPMG, PwC anchors).

Key facts

citySydney
submarketBarangaroo
tiertrophy
averageRentLocalA$1,450/sqm/yr · ≈ $87.6 PSF/yr USD
cityClassARentUsd$89/sqft/yr
cityVacancyPct12.6%

Frequently asked questions

What is the average Class A rent in Barangaroo, Sydney?
Around A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD. The citywide Class A index sits at A$1,480/sqm/yr · ≈ $89.4 PSF/yr USD.

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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