Brisbane Flex Office Market beats national trends in 2024
Last Update: 28 May, 2025•Read: 5 minutes
Key Points:
- Brisbane's office market is expected to keep growing after experiencing strong growth in 2024 and outperforming national trends.
- Vacancy rates in Brisbane's CBD reached their lowest point since 2012 due to consistent demand over the past four years and a limited supply of new traditional office buildings.
- Queensland's influential economy and the increasing adoption of hybrid work models support the demand for flexible office spaces.
- Despite limited developments in traditional offices, new flexible office and coworking spaces are emerging to meet the growing demand.
- Investment in Brisbane's office market rebounded in 2024, indicating renewed investor confidence and a positive growth trajectory.
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