Since 2000, the office vacancy rate in Hobart has dropped dramatically to the current rate of 3.7 per cent.
Total office stock has also increased during this time as the number of office based business increases in the City.
| Commercial Sector [i] |
| Total CBD office stock |
346,787 sqm |
| Total vacancy factor |
3.7% |
| Net supply additions (previous 12 months) |
5,371 sqm |
Notes
[i] Property Council of Australia - Tasmanian Division, January 2010