Vacancy rate of the prime office market in Brisbane CBD Australia 2016-2021
In the first quarter of 2021, the vacancy rate of prime office real estate in Brisbane CBD was 12 percent. The vacancy rate had been decreasing for the most part until the end of 2019. However, the recent COVID-19 outbreak seemed to have led to a decline in office leasing enquiries, and therefore an increase in the vacancy rate in 2020 and 2021.
