Property Forecasting > Report

Sydney Commercial Property Prospects 2020-2030

​Strong supply and weak, pandemic affected demand, have combined to send the Sydney CBD office market into a downturn. Net absorption is negative, and likely to remain so near term, pushing up the vacancy rate to a 2022 peak of over 12%. The result will be a marked downturn in effective rents – already under way – although the investment market appears to be resilient.​

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