Melbourne
VIC 3004
Melbourne is an inner city area in Victoria, about 3 kilometres from the Melbourne CBD. St Kilda Road is the principal commercial corridor, extending through a central urban setting with office buildings, major institutions and access to Melbourne's extensive train, tram and bus networks. The city is also home to the Port of Melbourne and a major passenger terminal at Station Pier.
The market is an office and consulting market, with office suites and floors and medical or consulting suites in established central and inner-city buildings. South Melbourne, Southbank and Albert Park are nearby commercial comparisons.
136
Active lease listings
commercial properties
$23,250
Median annual rent
asking rent across all listings
308
Median days on market
across all active listings
Lease rate trend
$353/m² p.a.
Median advertised rate
Up 2.6%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Melbourne. Drill down to individual listings in MarketBuddy
Listings by sector
93
Offices
active lease listings
32
Medical / Consulting
active lease listings
8
Retail and Shops
active lease listings
1
Hotel and Leisure
active lease listing
1
Industrial, Warehouse and Factories
active lease listing
1
Parking
active lease listing
Want to know more?
Explore commercial property insights for Melbourne in MarketBuddy.
Last updated 26 September 2026