Melbourne indexes 84/100 on the Class A Atlas talent index, with deep professional services, banking, education, and creative talent.
Melbourne indexes 84/100 on the Class A Atlas talent index, with deep professional services, banking, education, and creative talent.
Deep professional services, banking, education, and creative talent. Strong feed from University of Melbourne, Monash, and RMIT. English-fluent professional base; multicultural workforce.
Total cost of locating in Melbourne is the sum of rent, fit-out">fit-out, and salary delta vs. comparable markets. Use the City Comparator tool to benchmark Melbourne against peer cities on a single normalised view.
| city | Melbourne |
|---|---|
| country | Australia |
| region | APAC |
| classARentLocal | 720 AUD/sqft/yr |
| classARentUsd | $468/sqft/yr |
| vacancy | 18.4% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 14 |
| submarkets | 5 |
| primeYieldPct | 5.4% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.