---
title: "Melbourne Class A office availability and pipeline"
description: "Current availability, pipeline, and absorption dynamics for Melbourne Class A office space."
canonical: https://classa.info/cities/melbourne/growth-and-availability
pageType: city-topic
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Melbourne Class A vacancy is 18.4% with the market trending softening — pipeline visibility matters more than headline vacancy.

## TL;DR

- Headline vacancy: 18.4%; trend softening.
- Trophy submarket (CBD East (Collins Street)) typically clears at half headline vacancy.
- New construction lead time is 36–60 months — pipeline is largely fixed for the next cycle.
- Pre-let activity dominates the new-build pipeline.

# Melbourne Class A office availability and pipeline

**Melbourne [Class A](/glossary/class-a) vacancy is 18.4% with the market trending softening — pipeline visibility matters more than headline vacancy.**

## TL;DR

- Headline vacancy: 18.4%; trend softening.
- Trophy submarket (CBD East (Collins Street)) typically clears at half headline vacancy.
- New construction lead time is 36–60 months — pipeline is largely fixed for the next cycle.
- Pre-let activity dominates the new-build pipeline.

## Headline vs trophy availability

Headline Melbourne Class A vacancy of 18.4% includes a long tail of older, less-amenitised stock. The [trophy tier](/topics/trophy-asset-selection) in CBD East (Collins Street) typically clears at materially below headline.

## Pipeline visibility

Construction lead times of 36–60 months mean the next cycle's supply is already largely visible. Tracked pipeline includes 5 notable assets in Melbourne.

## Key facts

| city | Melbourne|
| country | Australia|
| region | APAC|
| classARentLocal | A$720/sqm/yr · ≈ $43.5 PSF/yr USD|
| classARentUsd | $43/sqft/yr|
| vacancy | 18.4%|
| typicalLeaseYears | 7|
| typicalRentFreeMonths | 14|
| submarkets | 5|
| primeYieldPct | 5.4%|

## Frequently asked questions

****Is Melbourne Class A office tight right now?****
: Headline vacancy is 18.4%. Trophy is materially tighter; older Class A and [Class B](/glossary/class-b) carry the long tail.

## Editorial provenance

Reviewed by [**Kenji Watanabe**](/about/authors/kenji-watanabe) — APAC contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Trophy Asset Selection**](/topics/trophy-asset-selection) — How to identify and evaluate trophy Class A assets for a flagship requirement.

---

Citation: Source: Class A Atlas (https://classa.info/cities/melbourne/growth-and-availability), updated 2026-04-15T00:00:00.000Z.