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26 Feb 2026

Parramatta Office CBD Forecast

Issue 5
Our latest Parramatta CBD Office Forecast examines how Western Sydney’s commercial capital is repositioning in a high-vacancy, infrastructure-led environment.

With vacancy at 22.1%, stabilising prime yields at 8.0% and transaction volumes more than doubling in 2025, the data points to a market moving from correction toward recovery. Refurbishment-driven supply, widening quality divergence and the long-term impact of Metro West and Light Rail are reshaping tenant demand and investor strategy.

This edition provides a clear, data-backed analysis of vacancy, rents, absorption, yields and capital flows — along with practical insights for owners navigating today’s conditions.

Download the full report for detailed market breakdowns and forward-looking forecasts.

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