Startup tech occupiers in Sydney typically cluster in North Sydney, plan ~130 sqft per seat at mid fit-out ($150–220/sqft), and pay around 1480 AUD/sqft ($89 USD) on Class A.
Startup tech occupiers in Sydney typically cluster in North Sydney, plan ~130 sqft per seat at mid fit-out">fit-out ($150–220/sqft), and pay around 1480 AUD/sqft ($89 USD) on Class A.
Startup tech occupiers in Sydney typically anchor in North Sydney. Tech, telecom, consulting, corporate satellites.
Class A rent in Sydney runs 1480 AUD/sqft ($89 USD) on a 7-year lease with 30 months free. Prime submarkets sit at or modestly above the city index.
Typical startup tech fit-out targets mid specification at $150–220/sqft. Functional Cat-B with branded reception and standard meeting-room mix is standard.
Plan around 130 sqft per seat blended (workstation + circulation + amenity). A 100-headcount startups office in Sydney typically targets 13,000 sqft of leasable area.
Series B–D scale-ups prioritize flexibility and signature loft stock to attract engineering talent away from incumbents. Australia's deepest financial-services, technology, and professional-services talent pool. Average all-in compensation indexes 85.
Headline corporate tax: 30%. Standard 5-10 year lease. Gross or net structure (both common). Australian leases distinguish 'face rent' (headline) from 'effective rent' (face minus incentive). Incentives of 30-40% are now standard — typically structured as rent abatement, fit-out contribution, or both.
| city | Sydney |
|---|---|
| industry | Startup tech |
| naics | 541511, 541512, 518210 |
| preferredSubmarket | North Sydney |
| preferredFitoutSpec | Mid |
| fitoutBand | $150–220/sqft |
| sqftPerSeat | 130 |
| classARentLocal | 1480 AUD/sqft/yr |
| classARentUsd | $89/sqft/yr |
| vacancyPct | 12.6% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 30 |
| talentIndex | 85 |
| corporateTaxPct | 30% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.