How Much Does it Cost to Rent a Coworking Desk in Sydney?

As the desire for flexible working continues to grow, coworking space has become a viable option for several types of businesses. But what is the average cost to rent a coworking desk, and what benefits are included in the price?

If you're in the market for a couple of desks to lease in Sydney and surrounds, you'll be wondering what your price options are.

On a quick search on Office Hub, you'll quickly realise that we list various coworking spaces on our website, ranging from basic setups to distinguished coworking facilities that feature high-end amenities.

The prices between these spaces obviously vary, influenced by what they offer and where they're based. Despite this broad range, the fee you'll pay for deskspace just dedicated to you is relatively low cost, affordable and worthwhile.

In this guide, we're presenting our most recent 2021 stats to help you make financially smart decisions when locating the best office space for your needs. We're also looking at popularly occurring workspace features and facilities and what our top workspace partners have to offer Office Hub members. Finally, are coworking desks more affordable than traditional space? Let's find out.

On a quick search on Office Hub, you'll quickly realise that we list various coworking spaces on our website, ranging from basic setups to distinguished coworking facilities that feature high-end amenities.

Sydney Facts and Figures

According to the latest report from Co-Stats, the preferred average monthly budget per desk spend sits around A$668 per individual. The preferred desired rental terms are 13.2 months.

That means long-term office renters are likely willing to spend roughly A$8817.6 on office space per year, a cost-efficient amount if you're considering the bigger picture and long term benefits.

Actual results illustrate that Sydney-siders are spending roughly A$767, a little higher than their spending power.

Currently, our numbers show that there are 261 locations listed in the vicinity of Sydney, with an overwhelming percentage (62%) identified as dedicated shared spaces. These figures showcase an overwhelming selection of coworking spaces and shared or sublet offices to interested tenants.

Currently, our numbers show that there are 261 locations listed in the vicinity of Sydney, with an overwhelming percentage (62%) identified as dedicated shared spaces.

What Makes Up These Monthly Costs?

Only the best workspaces make it through Office Hub's thorough screening process, and the numbers substantiate this.

Generally, current tenants are satisfied by the quality of their workspace, its fit-out, and the provided professional services. Sydney receives an overall excellent rating of 33.8% for its workspace quality.

We also factored in building quality and found that an overwhelming number of our flex spaces are positioned inside A-Grade Buildings (50%) at covetable business locations. Taking the prestigious work address into account, tenants are paying reasonably for strategically placed coworking spaces.

Other telling listing statistics include natural-lit offices and the prevalence of discounts, two factors that contribute to enhancing the workplace experience and making dream workspaces more attainable. Out of all our listings, six out of ten listed spaces are light-filled. We don't need to tell you that it contributes to employee productivity, which ultimately affects a company's bottom line.

Additionally, 71.3% of our workspace partners offer considerable discounts on their listings. After a challenging year financially, saving more on professional workspaces is what people need and ultimately what they're experiencing with Office Hub and partners.

What Facilities And Features Are Included In A Coworking Rental Package?

In terms of building facilities and features, Sydney flex spaces have plenty to offer their residents. These well-maintained premises include many different things that are designed for people's safety, comfort and convenience. Finding shows that 84% of all building fit-outs have after-hours security, 37% include parking bays, 58% are air-conditioned, and 66% offer end-of-trip facilities. Tenants can freely use these and other facilities.

Regarding Sydney workspace's top features and benefits, 24/7 access, shared kitchen, meeting room and boardroom access, unlimited electricity, internet grade, cleaning, and furnished spaces score highly. Typically, all these provisions are neatly bundled into highly competitive rental packages and aren't extras that you have to include in your monthly budgeting.

These well-maintained premises include many different things that are designed for people's safety, comfort and convenience.

Serviced Office Provider Overview

We collaborate with some of the biggest and best office providers nationally and globally, including the likes of Regus, WeWork, Compass Offices, Christie Space, and more.

Regus Australia provides great flexibility through a broad range of office formats in various parts of Australia, including New South Wales. Starting prices for collaborative workstations begin at A$448 per person monthly.

Compass Offices is a flex space operator operating in eight cities across the Asia Pacific and Australia, with offices set up in central CBDs. Workspace options at Compass Offices' range from serviced offices and virtual spaces to coworking hubs and more. For a desk per person per month, prices start at A$700 in Australia.

The Executive Centre offers world-class infrastructure and premium serviced spaces in business locations worldwide. Pay from A$500 monthly for individual workstations. Beyond desk space, the price includes internet, electricity, building outgoings and other great amenities.

JustCo boasts the largest coworking network in Asia, spanning seven countries. The massive flex space provider recently entered the Australian market with offices in Melbourne and Sydney. Monthly rentals for coworking space will set you back from A$741.

Christie Spaces is an Australia flexible offices and coworking spaces provider with branches based in Melbourne, Melbourne, Sydney CBD and North Sydney. The cost per person starts from A$281 monthly depending on location.

We collaborate with some of the biggest and best office providers nationally and globally, including the likes of Regus, WeWork, Compass Offices, Christie Space, and more.
JustCo on 60 Margaret Street in Sydney CBD.
JustCo on 60 Margaret Street in Sydney CBD.

Is A Coworking Space Less Than A Traditional Office?

Although working from a coworking area is more expensive than working from home or plugging in at a cafe, they do, overall, work out to be less costly than setting up at a traditional office.

Coworking spaces might not be perfect, but there are usually no miscellaneous costs that creep up on you because all utilities are included in your rental package. Tenants aren't obliged to pay upfront costs either, nor are they expected to commit long term. Often you can choose a payment plan that best suits you.

The minor cons to using coworking space are that resources are shared among businesses and people, meaning you might not have access to these assets when you need them. This could lead to a resulting cost to the company.

Final Takeaway

Working in a coworking space provides undeniable career-enhancing or business-building benefits. The question is, can you afford it?

Office Hub lists countless coworking spaces available at competitive rates that might align with your preferred work style.

Get in touch with one of our helpful account managers and start the search for a coworking desk today!

Price Guide

  • Dedicated desks from: A$115 per week
  • Private offices from: A$529 per week

Price Guide

  • Dedicated desks from: A$65 per week
  • Private offices from: A$276 per week

Price Guide

  • Dedicated desks from: A$161 per week
  • Private offices from: A$196 per week

Let us guide you

We know the search process for a new workspace can be overwhelming, that’s why our team are here to help through every step of the way.