Core CBD is best-fit for banks, top-tier law firms, asset managers, professional services.

• Tier: trophy.
• Tenant fit: Banks, top-tier law firms, asset managers, professional services.
• Average rent A$1,500/sqm/yr · ≈ $90.6 PSF/yr USD.

TL;DR

• Tier: trophy.
• Tenant fit: Banks, top-tier law firms, asset managers, professional services.
• Average rent A$1,500/sqm/yr · ≈ $90.6 PSF/yr USD.

Best fit

Banks, top-tier law firms, asset managers, professional services.

Less good fit

Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.

Key facts

Frequently asked questions

Is Core CBD the right fit for my office?

Banks, top-tier law firms, asset managers, professional services. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

Related

• Core CBD — submarket overview
• Sydney — full city profile
• Sydney submarkets — all
• Core CBD — Rents
• Core CBD — Tenants
• Core CBD — Transit
• Core CBD — 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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• Class A Lease Negotiation — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
• Hybrid Workplace Strategy — How to size, structure, and lease a Class A office for a hybrid workforce.
• ESG / LEED for Tenants — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
• Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
• Fit-out Capex — How to budget, sequence, and govern Class A office fit-out">fit-out capex.
• Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.