Australia Co-Working Office Space Market

Australia Co-Working Office Space Market Overview:

The Australia co-working office space market size is projected to exhibit a growth rate (CAGR) of 16.80% during 2025-2033. At present, with an increasing number of entrepreneurs starting new businesses and more people opting for freelancing instead of conventional employment, the demand for office spaces that provide affordability and convenience is rising. Besides this, the growing adoption of remote work culture, which is motivating firms to design adaptive and inclusive environments, is contributing to the expansion of the Australia co-working office space market share.

Australia Co-Working Office Space Market Trends:

Increasing number of startups and freelancers

Rising number of startups and freelancers is positively influencing the market in Australia. As more entrepreneurs are launching new ventures and individuals are choosing freelancing over traditional jobs, the need for office spaces that offer cost-efficiency and convenience is increasing. According to industry reports, as of March 2025, registrations of freelancers increased by 122% in Australia. Co-working spaces provide ideal environments for these professionals, offering shared infrastructure, modern amenities, and short-term lease options that reduce operational costs and long-term commitments. Startups prefer such spaces to scale gradually without the burden of maintaining a private office. Co-working providers are responding by offering tailored packages, niche communities, and industry-specific setups. Locations in central business districts and suburban hubs make these spaces easily accessible. As innovation-based workforces are expanding, the demand for such dynamic and community-oriented environments is rising. The result is a thriving co-working office space market in Australia, supported by the continuous influx of small businesses and self-employed professionals.

Rising adoption of remote work culture

The growing adoption of remote work culture is impelling the Australia co-working office space market growth. As more professionals are employing remote work arrangements, they are seeking environments that support productivity without the isolation of working from home. According to industry reports, as of August 2024, 14.3% of Australian job listings on Indeed explicitly incorporated phrases like ‘work from home’ (WFH) or ‘work remotely’ in their descriptions, nearing an all-time high. Australia's share of remote postings rose by 12.2% from 2023. Co-working spaces offer a professional setting with necessary facilities, such as fast internet and conference rooms, which appeal to gig workers and remote employees. These spaces also foster community and collaboration, which helps reduce the sense of disconnection often associated with remote work. Companies with remote teams also prefer co-working spaces as satellite offices or occasional meeting venues. The flexibility in leasing terms, combined with the ability to work from various locations, attracts independent workers, startups, and corporate employees. This shift in work culture is motivating co-working space providers to design adaptive and inclusive environments. As the remote work trend continues to grow, the demand for co-working spaces in both urban and regional areas is strengthening, making it a key driver of market expansion in Australia.

Australia Co-Working Office Space Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type, application, and end user.

Type Insights:

• Flexible Managed Office
• Serviced Office

The report has provided a detailed breakup and analysis of the market based on the type. This includes flexible managed office and serviced office.

Application Insights:

• Information Technology (IT and ITES)
• Legal Services
• BFSI
• Consulting
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes information technology (IT and ITES), legal services, BFSI, consulting, and others.

End User Insights:

• Personal User
• Small Scale Company
• Large Scale Company
• Others

The report has provided a detailed breakup and analysis of the market based on the end user. This includes personal user, small scale company, large scale company, and others.

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Co-Working Office Space Market News:

• In July 2024, JustCo, the top co-working workspace provider in Asia, revealed the opening of JustCo Emporium Melbourne in Australia. This new versatile area included private office suites, hot desk areas, meeting rooms equipped with video conferencing, and custom-designed micro-spaces for concentrated work and collaborations. This achievement highlighted JustCo's commitment to providing professionals with sustainable and flexible workspace options that could encourage a balance between work and life, while also reaffirming its goal to grow its existing network of more than 40 centers in the area.

Australia Co-Working Office Space Market Report Coverage:

Key Questions Answered in This Report:

• How has the Australia co-working office space market performed so far and how will it perform in the coming years?
• What is the breakup of the Australia co-working office space market on the basis of type?
• What is the breakup of the Australia co-working office space market on the basis of application?
• What is the breakup of the Australia co-working office space market on the basis of end user?
• What is the breakup of the Australia co-working office space market on the basis of region?
• What are the various stages in the value chain of the Australia co-working office space market? 
• What are the key driving factors and challenges in the Australia co-working office space market?
• What is the structure of the Australia co-working office space market and who are the key players?
• What is the degree of competition in the Australia co-working office space market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia co-working office space market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia co-working office space market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia co-working office space industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.