---
title: "Sydney Class A submarkets"
description: "All 6 Class A submarkets we track in Sydney — tier, average rent, and tenant profile."
canonical: https://classa.info/cities/sydney/neighborhoods-overview
pageType: city-topic
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Sydney has 6 distinct Class A submarkets we track, anchored by Core CBD at the trophy tier.

## TL;DR

- 6 submarkets covered.
- Trophy tier: Core CBD, Barangaroo, Circular Quay & Bridge.
- Prime tier: North Sydney, Walsh Bay & Millers Point.
- Established/emerging tier: Macquarie Park.

# Sydney Class A submarkets

**Sydney has 6 distinct [Class A](/glossary/class-a) submarkets we track, anchored by Core CBD at the [trophy tier](/topics/trophy-asset-selection).**

## TL;DR

- 6 submarkets covered.
- Trophy tier: Core CBD, Barangaroo, Circular Quay & Bridge.
- Prime tier: North Sydney, Walsh Bay & Millers Point.
- Established/emerging tier: Macquarie Park.

## By tier

**Core CBD** (trophy, ~A$1,500/sqm/yr · ≈ $90.6 PSF/yr USD) — Martin Place to Chifley — Sydney's banking spine.

**Barangaroo** (trophy, ~A$1,450/sqm/yr · ≈ $87.6 PSF/yr USD) — Sydney's western waterfront trophy precinct.

**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

| city | Sydney|
| country | Australia|
| region | APAC|
| classARentLocal | A$1,480/sqm/yr · ≈ $89.4 PSF/yr USD|
| classARentUsd | $89/sqft/yr|
| vacancy | 12.6%|
| typicalLeaseYears | 7|
| typicalRentFreeMonths | 30|
| submarkets | 6|
| primeYieldPct | 5.5%|
| trophyCount | 3|
| primeCount | 2|

## Frequently asked questions

****How many Class A submarkets are in Sydney?****
: 6, ranging from trophy (Core CBD) down to established and emerging clusters.

## 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.

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Citation: Source: Class A Atlas (https://classa.info/cities/sydney/neighborhoods-overview), updated 2026-04-15T00:00:00.000Z.