Barangaroo (trophy, ~A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD) is one of 6 Sydney Class A submarkets we track.

  • Barangaroo sits at trophy tier.
  • Average rent A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD vs city average 1480.
  • Compared submarkets: Core CBD (trophy), Circular Quay & Bridge (trophy), North Sydney (prime).

Barangaroo vs other Sydney submarkets

Barangaroo (trophy, ~A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD) is one of 6 Sydney Class A submarkets we track.

TL;DR

  • Barangaroo sits at trophy tier.
  • Average rent A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD vs city average 1480.
  • Compared submarkets: Core CBD (trophy), Circular Quay & Bridge (trophy), North Sydney (prime).

Side-by-side with peers

**Core CBD** (trophy, A$1,500/sqm/yr · ≈ $90.6 PSF/yr USD) — Martin Place to Chifley — Sydney's banking spine. **Circular Quay & Bridge** (trophy, A$1,620/sqm/yr · ≈ $97.8 PSF/yr USD) — Iconic waterfront — small, premium stock. **North Sydney** (prime, A$1,100/sqm/yr · ≈ $66.4 PSF/yr USD) — Cross-bridge HQ corridor. **Walsh Bay & Millers Point** (prime, $78/sqft/yr) — Boutique waterfront trophy stock. **Macquarie Park** (established, $48/sqft/yr) — Northern tech and life-sciences cluster.

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 other submarkets compete with Barangaroo in Sydney?
Core CBD, Circular Quay & Bridge, North Sydney

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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