Office space in Sydney

Sydney is Australia’s largest city and its primary commercial centre, generating more than a third of the country’s GDP in financial services, professional services, technology, and creative industries. The city is home to the Australian Securities Exchange, the Reserve Bank of Australia, and the headquarters of the country’s four major banks: Commonwealth Bank, Westpac, ANZ, and National Australia Bank. Technology has become a significant employer, with Atlassian, Canva, and a growing cohort of venture-backed firms establishing or expanding their Sydney operations.

The CBD around Martin Place, Barangaroo, and Circular Quay houses the largest concentration of premium office stock in Australia, serving banking, legal, and corporate occupiers. North Sydney has attracted technology, telecommunications, and media firms, while Pyrmont and Surry Hills offer smaller-scale creative and tech workspace. Parramatta, designated as Sydney’s second CBD, is undergoing significant commercial development and draws occupiers seeking lower rents with metro rail connectivity to the city centre.

Sydney Kingsford Smith Airport provides direct flights to major cities across Asia, North America, and the Middle East, with flight times of under ten hours to Singapore, Hong Kong, and Tokyo. The new Sydney Metro network is expanding connectivity across the metropolitan area, and the city’s established rail, bus, and ferry network connects the CBD to suburban employment centres.

The University of Sydney, UNSW, and the University of Technology Sydney produce graduates across finance, engineering, data science, and the health sciences. Sydney’s quality of life, relative affordability compared to Hong Kong and Singapore, and its position in a compatible time zone with Asian markets make it an increasingly attractive base for companies building an Asia-Pacific presence. For occupiers comparing Sydney with Melbourne, the advantage lies in the deeper financial services ecosystem, larger international talent pool, and greater choice of flexible workspace across price points.