Gain valuable insights on trends and opportunities to accurately assess the estimated costs associated with a commercial fit-out in Australia.
Insight
Australia Fit-Out Cost Guide 2023/2024
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Resilient markets, but challenges remain
As forecasted in our 2022/2023 Fit-Out Cost Guide, inflation levels are now stabilising, resulting in more normal price increases throughout the Australian market.
However, ongoing disruptions in the supply chain are driving up costs for imported materials, and a shortage of skilled labour is impacting productivity and increasing expenses. Despite these challenges, occupiers should aim to strike a balance between returning to the office and creating tech-enabled, hybrid work environments that prioritise employee wellbeing.
We hope this guide provides you with the confidence to make informed fit-out decisions, with a good understanding of the options, risks, and potential opportunities.
AUD $2,810
is the average cost per square metre for a fit-out across Australia
Sydney
is the most expensive city for a fit-out in Australia
5.56%
year-on-year change in average fit-out cost
Source: JLL Australia Fit-Out Cost Guide 2023/2024
Maximise your budget: Understand where typical fit-out costs are allocated
Are you planning a fit-out but don't know where to start with budgeting? Before starting any project, it's crucial to understand the average costs associated with commercial fit-outs.