{"id":12661,"date":"2019-06-03T07:13:44","date_gmt":"2019-06-03T07:13:44","guid":{"rendered":"https:\/\/www.instantoffices.com\/blog\/?p=12661"},"modified":"2022-06-25T20:19:07","modified_gmt":"2022-06-25T20:19:07","slug":"cost-per-desk-sydney","status":"publish","type":"post","link":"https:\/\/www.instantoffices.com\/blog\/featured\/cost-per-desk-sydney\/","title":{"rendered":"Cost Per Desk Sydney"},"content":{"rendered":"

Despite the mature nature of the Australian market, demand for flexible offices in Sydney<\/a> continues to rise as companies of all sizes swap the constraints of traditional offices for flexible workspace. As a result, serviced offices and coworking space in Sydney<\/a> and Melbourne have the two of the largest global markets in the world.<\/p>\n

In Australia, many SMEs have already adopted some form of flexible working. A healthy work-life balance sees a large percentage of the workforce either occasionally working from home or remotely from multiple locations around the country. Research shows that 68%<\/a> of Australian companies encourage remote work, with 67% saying it increases productivity, 57% agreeing it reduces absenteeism and 51% enjoying the reduction in operational costs.<\/p>\n

Such strong uptake of the flexible working concept has seen the industry develop rapidly across Australia. As one of the top 10 most prominent markets in the APAC region and the second biggest in Australia, Sydney shows signs of steady growth and continued demand as corporate companies begin to adopt the flexible working trend. According to the 2018 APAC Flex Market Report<\/a>, there was a 90% increase in demand for flexible workstations by companies looking for 25+ desks or more in 2017. Scale-ups are also increasingly looking for flexible space to lower risks and increase agility.<\/p>\n

Alongside cities like Hong Kong, Tokyo, Singapore, Melbourne and Jakarta, Serviced office in Sydney<\/a> has seen consistent growth over the last five years, ranking it in the top 10 APAC cities with the largest flexible workspace markets. In Asia-Pacific, the supply for new centres has increased by 16% in the last year, with forecasted growth for Sydney at a strong 13%, on par with Hong Kong and the fast-growing flexible workspace market in Kuala Lumpur<\/a>.<\/p>\n

Rise of Flexible Workspace in Sydney<\/strong><\/span><\/h2>\n

\"Cost<\/a><\/p>\n

Average Desk Cost Overall:\u00a0A$725\u00a0<\/span>\u00a0\u00a0\u00a0<\/strong><\/h2>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t
Area<\/th>Average Desk Cost<\/th>\n<\/tr>\n<\/thead>\n
Sydney CBD<\/td>A$800-850<\/td>\n<\/tr>\n
Pyrmont<\/td>A$600-650<\/td>\n<\/tr>\n
Barangaroo<\/td>A$950<\/td>\n<\/tr>\n
Parramatta<\/td>A$500<\/td>\n<\/tr>\n
North Sydney<\/td>A$650-700<\/td>\n<\/tr>\n
Surry Hills <\/td>A$750-800<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

Flexible Office Market Growth in Sydney\u00a0<\/strong><\/span><\/h2>\n

The supply of shared office spaces in Sydney<\/a> has increased by 18% in 12 months, while hybrid space, a combination of serviced offices and co-working space, has seen strong growth at 28%.<\/p>\n\n\n\n\n\t\n\t\n\t
Serviced<\/td>7%<\/td>\n<\/tr>\n
Co-working<\/td>18%<\/td>\n<\/tr>\n
Hybrid<\/td>28%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

What Do APAC Customers Want from a Flexible Office? <\/strong><\/span><\/h2>\n

In a survey of respondents across the APAC region, we asked what facilities and services maximise value and experience in a flexible working space. Compared to 74% of Europeans who value exercise space, nearly 40% of those in the APAC region see it as adding no value or even detracting from an office environment. Instead, 79% of APAC respondents value designated relaxation space in their offices, while 65% agree that health services add value.<\/p>\n

In terms of amenities, the top five highest ranked in APAC workspaces include:<\/strong><\/p>\n

    \n
  1. 24-hour access<\/li>\n
  2. Bespoke office layout<\/li>\n
  3. Fitness space<\/li>\n
  4. Networking events<\/li>\n
  5. Shower facilities<\/li>\n<\/ol>\n

    Sydney as a Business Destination<\/span><\/strong><\/h2>\n

    Sydney is ranked among the top startup ecosystems<\/a> in the world and is home to Australia\u2019s largest tech startup hub. As a strategic business location between Australia and South East Asia, the city is an attractive option for international companies and entrepreneurs looking for a large talent pool, excellent infrastructure and a supportive environment for high-growth businesses. Demand for space in the city\u2019s key districts shows no sign of slowing, and as competition grows, businesses of all sizes will benefit from the agility and affordability of flexible office space in Sydney.<\/p>\n

    Find flexible workspace in Sydney<\/a> with Instant Offices.<\/strong><\/p>\n

    \n

    Looking for Office Space?<\/strong><\/h2>\n

    We Operate in Some of the World’s Top Cities:<\/span><\/p>\n

    London<\/a>, New York<\/a>, San Francisco<\/a>, Paris<\/a>, Singapore<\/a>, Hong Kong<\/a>,
    \n    Search more locations<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Despite the mature nature of the Australian market, demand for flexible offices in Sydney continues to rise as companies of all sizes swap the constraints of traditional offices for flexible workspace. As a result, serviced offices and coworking space in Sydney and Melbourne have the two of the largest global markets in the world. In Australia, many SMEs have already adopted some form of flexible working. A healthy work-life balance sees a large percentage of the workforce either occasionally working from home or remotely from multiple locations around the country. Research shows that 68% of Australian companies encourage remote work, with 67% saying it increases productivity, 57% agreeing it reduces absenteeism and 51% enjoying the reduction in operational costs. Such strong uptake of the flexible working concept has seen the industry develop rapidly across Australia. As one of the top 10 most prominent markets in the APAC region and the second biggest in Australia, Sydney shows signs of steady growth and continued demand as corporate companies begin to adopt the flexible working trend. According to the 2018 APAC Flex Market Report, there was a 90% increase in demand for flexible workstations by companies looking for 25+ desks or more in 2017. Scale-ups are also increasingly looking for flexible space to lower risks and increase agility. Alongside cities like Hong Kong, Tokyo, Singapore, Melbourne and Jakarta, Serviced office in Sydney has seen consistent growth over the last five years, ranking it in the top 10 APAC cities with the largest flexible workspace markets. In Asia-Pacific, the supply for new centres has increased by 16% in the last year, with forecasted growth for Sydney at a strong 13%, on par with Hong Kong and the fast-growing flexible workspace market in Kuala Lumpur. Rise of Flexible Workspace in Sydney Average Desk Cost Overall:\u00a0A$725\u00a0\u00a0\u00a0\u00a0 Flexible Office Market Growth in Sydney\u00a0 The supply of shared office spaces in Sydney has increased by 18% in 12 months, while hybrid space, a combination of serviced offices and co-working space, has seen strong growth at 28%. What Do APAC Customers Want from a Flexible Office? In a survey of respondents across the APAC region, we asked what facilities and services maximise value and experience in a flexible working space. Compared to 74% of Europeans who value exercise space, nearly 40% of those in the APAC region see it as adding no value or even detracting from an office environment. Instead, 79% of APAC respondents value designated relaxation space in their offices, while 65% agree that health services add value. In terms of amenities, the top five highest ranked in APAC workspaces include: 24-hour access Bespoke office layout Fitness space Networking events Shower facilities Sydney as a Business Destination Sydney is ranked among the top startup ecosystems in the world and is home to Australia\u2019s largest tech startup hub. As a strategic business location between Australia and South East Asia, the city is an attractive option for international companies and entrepreneurs looking for a large talent pool, excellent infrastructure and a supportive environment for high-growth businesses. Demand for space in the city\u2019s key districts shows no sign of slowing, and as competition grows, businesses of all sizes will benefit from the agility and affordability of flexible office space in Sydney. Find flexible workspace in Sydney with Instant Offices. Looking for Office Space? We Operate in Some of the World’s Top Cities: London, New York, San Francisco, Paris, Singapore, Hong Kong, Search more locations<\/p>\n","protected":false},"author":1,"featured_media":12663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[214,12],"tags":[551,245,325,553,63,552],"class_list":["post-12661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-flexible-workspace","tag-australia-coworking","tag-australia-flexible-office-space","tag-co-working","tag-cost-per-desk-sydney","tag-serviced-offices","tag-sydney-flexible-office-space"],"yoast_head":"\nCost Per Desk Sydney - Instant Offices<\/title>\n<meta name=\"description\" content=\"Find out how much it costs to secure co-working space, serviced offices & flexible workspace in Sydney, one of the top office space markets in Australia.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.instantoffices.com\/blog\/featured\/cost-per-desk-sydney\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cost Per Desk Sydney - 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