The Q2 2018 4.5 % vacancy rate in Sydney 's central business district ( CBD ) is on track to beat 2000 's record low of 4 % , with CBRE estimating it could fall as low as 3.5 % by Q4 2018 . Data from the quarter also indicates a long spell of low vacancy rates coupled with potentially high growth , as figures from JLL revealed 51,100 sq m of net absorption , alongside a 12.5 % year - on - year increase in rents for the quarter . Photo: Despite the price rise , medium - sized and large firms are scrambling to follow Accenture , Pfizer , Clemenger , and Melbourne Capital into Sydney 's CBD office space .
The Q2 2018 4.5 % vacancy rate in Sydney 's central business district ( CBD ) is on track to beat 2000 's record low of 4 % , with CBRE estimating it could fall as low as 3.5 % by Q4 2018 . Data from the quarter also indicates a long spell of low vacancy rates coupled with potentially high growth , as figures from JLL revealed 51,100 sq m of net absorption , alongside a 12.5 % year - on - year increase in rents for the quarter . Despite the price rise , medium - sized and large firms are scrambling to follow Accenture , Pfizer , Clemenger , and Melbourne Capital into Sydney 's CBD office space .