Workers swapping kitchen tables for office desks

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CBD occupancy rates have been trending up during 2021, especially in Sydney and Melbourne, according to the Property Council of Australia. Between January and April, occupancy rates increased in six of the eight capitals:

  • Darwin = 80% to 84%
  • Hobart = 80% to 82%
  • Perth = 66% to 70%
  • Adelaide = 69% to 70%
  • Brisbane = 63% to 63%
  • Canberra = 68% to 63%
  • Sydney = 45% to 59%
  • Melbourne = 31% to 41%

Property Council chief executive Ken Morrison said the results demonstrate welcome progress towards the reactivation of our city centres.

“The benefits of bustling CBDs are significant, not just for the small businesses that rely on city foot traffic, but for the broader Australian economy,” he said. To entice workers back to the city, the Property Council has helped coordinate a series of activities, events and freebies in different cities, including FOMO Fridays in Melbourne and Fridays in the City in Brisbane.