Sydney and Melbourne office markets set for further growth
• Overall vacancy in both cities is at the lowest levels for 10 years, with Melbourne now the tightest office market in Australia
• Prime net face rents have increased by 12% in Sydney CBD over the past year and by 14% in Melbourne CBD
• The markets are expected to see further growth, with Sydney rents forecast to grow by a further 7% in 2019 and Melbourne by 9%