Macquarie Park is a established-tier Sydney submarket with average asking rent around $48/sqft/yr.

  • Average asking rent: $48/sqft/yr.
  • Tier: established.
  • 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 established tier.

Macquarie Park, Sydney office rents and availability

Macquarie Park is a established-tier Sydney submarket with average asking rent around $48/sqft/yr.

TL;DR

  • Average asking rent: $48/sqft/yr.
  • Tier: established.
  • 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 established tier.

Where rent sits

Macquarie Park averages around $48/sqft/yr for Class A, against a citywide Class A index of 1480. As an established / value submarket, rent runs at or below city average with deeper availability.

Availability dynamics

Northern tech and life-sciences cluster. Technology, telecom, life sciences, medical devices.

Key facts

citySydney
submarketMacquarie Park
tierestablished
averageRentLocal$48/sqft/yr
cityClassARentUsd$89/sqft/yr
cityVacancyPct12.6%

Frequently asked questions

What is the average Class A rent in Macquarie Park, Sydney?
Around $48/sqft/yr. 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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