Canberra Office Review H1 2021

Australia’s capital city has experienced a strong first half of 2021 with office vacancy recorded at a historical 12-year low. Resilience through the pandemic has seen Canberra, be the only city to record positive net absorption over the past 12 months. This stability has drawn investors to the market, with 2021 also shaping up to be a record year of transactions.

This report provides an overview of the Canberra office market exploring its vacancy rates, sales volume and notable leasing activity across H1 2021.