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The 2026 Guide to Opening a Coworking Space in Melbourne

Thinking of opening a space in Melbourne? With a population of 5,100,000 and only 140 existing spaces, the market is underserved.

Underserved Market

Financial Feasibility

Understanding the costs and revenue potential in Melbourne

Average Commercial Rent

$48

per square foot

The average commercial rent in Melbourne is $48 per sq ft. This is a key factor in determining your break-even point and pricing strategy.

Average Desk Price

$390

per month

To break even, you'll need to charge competitive rates. The average hot desk in Melbourne goes for $390/month, giving you a benchmark for pricing your space.

Infrastructure & Connectivity

Essential infrastructure for modern coworking spaces

Internet Speed

105 Mbps

Great

Coworking relies on speed. Melbourne boasts an average internet speed of 105 Mbps, making it great for remote workers and digital nomads who depend on reliable, fast connectivity.

Competition Analysis

Understanding the competitive landscape in Melbourne

Existing Competitors

140

coworking spaces

There are currently 140 existing coworking spaces in Melbourne, representing approximately 2.7 spaces per 100,000 residents.

Market Status

Underserved

With 2.7 spaces per 100k residents, Melbourne represents an underserved market with room for new entrants.

Note: All values are approximate modeling numbers, not exact figures. Populations are based on Census/Vintage 2024 estimates. Desk prices and internet speeds are calibrated from national reports and rounded for clarity.

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