In recent years, there’s been a clear shift toward renting practice spaces among allied health professionals, and it’s easy to see why. Renting gives you the freedom to grow, move or adjust your setup without the stress of a long-term property commitment. It takes the financial pressure off and lets you focus on what really matters—your clients and the work you love. Whether you're a physiotherapist, psychologist or running another type of practice, flexible rental spaces are quickly becoming the go-to for professionals who want more control and less hassle.
This article takes a closer look at the benefits of renting a space for your private practice, from saving on upfront costs to having more flexibility in how you run things. With a clearer understanding of these benefits, you'll be in a stronger position to decide if renting is the right fit for your practice.
The demand for shared office spaces in Australia has seen a notable rise over the past few years, driven by shifting workplace dynamics, changing business needs, and the growing desire for flexibility in office solutions. With the market expected to hit AUD 369.91 million by 2025 and potentially AUD 748.25 million by 2030, it’s clear this space is booming. A 15.13% annual growth rate shows just how strong the demand is for workspaces that are flexible, cost-effective and easy to scale.
So, why is renting a shared office space becoming the preferred choice in Australia? Let's explore the factors contributing to this rise in demand.
Renting a space for your private practice can be a game-changer, especially when it comes to managing your finances. Unlike purchasing a space, renting means the property management is out of your hands. You don’t have to worry about maintenance, paperwork, or financial handling. Instead, you can focus on what matters most—seeing clients and growing your practice. With all the admin taken care of, you can dedicate your energy to delivering excellent care and expanding your business, while someone else manages the property details.
For new or smaller businesses, renting can really make a difference by giving you predictable monthly expenses, which makes cash flow and future planning much easier. With inflation driving up the cost of not just properties but also supplies and everyday expenses, studies have shown that 80% of small business owners have seen their operational costs rise by more than 10%, and some even by up to 50%. Renting helps you avoid those extra financial headaches and allows you to focus on growing your practice without the stress of long-term property commitments or surprise costs.
Renting offers your practice the flexibility to adjust as your business changes. As your client base expands or your services shift, you can easily adjust your office space to match your changing needs—whether that’s upgrading to a larger space or downsizing when necessary. This is particularly valuable for businesses that face seasonal changes or unexpected growth, as it allows you to remain responsive without the stress of being locked into a space that no longer fits.
Renting a space means you can focus on your practice’s growth, knowing that your workspace can grow with you, whenever the time comes.
One of the major perks of renting a space is the convenience of turnkey solutions, because let’s face it—setting up from scratch is a hassle. Most rental spaces come fully equipped with essential amenities, including furniture, high-speed internet, utilities, and even cleaning services. This means you can move in and start seeing clients right away, without the hassle of purchasing or setting up office essentials.
For busy practitioners, this is a major time saver. Instead of spending valuable hours organising equipment, managing utilities, or even dealing with maintenance issues, you can focus solely on your business. You’ve got enough on your plate without worrying about Wi-Fi, furniture or cleaning rosters. With the landlord taking care of the day-to-day operations, you don’t have to stress; it’s all handled for you.
A well-designed rental space can do wonders for your practice's credibility. When clients walk into a clean, modern office, it instantly sets a professional tone and helps build trust, which we know is especially important in health-related services.
The right environment also makes a huge difference in how comfortable your clients feel. Whether you’re a psychologist or a physiotherapist, having a calming space can put them at ease, making their visit with you more positive. By renting a space that reflects the care and professionalism you bring to your work, you show clients they’re in good hands. In such a competitive industry, creating a welcoming and safe environment can really set you apart and help build trust, making clients more likely to return and recommend you to others.
Renting a space gives you the freedom to choose a location that’s easy for your clients to reach. Whether close to public transport or in a bustling area, a good spot makes your practice more visible and helps attract new clients. Choosing a space that has easy parking and transport options means your clients will find it convenient to visit, making them more likely to keep coming back. The beauty of renting is that you’re not tied down; if your needs change, you can move to a new location that suits your business better. It’s all about making your practice easy to find and access for the people who matter most.
In an industry where connections are so important, building relationships with other practitioners is just as important as having a space to practice. Renting in a shared office building gives you the perfect opportunity to network with other healthcare professionals, which can lead to collaboration and cross-referrals. For those starting out in private practice, these connections can really help grow your client base and expand your network. Plus, sharing space with like-minded professionals creates a supportive environment where advice and collaborations come naturally, making it a win-win for everyone involved.
Ultimately, success in any industry boils down to the relationships you form and the support you give each other, and allied health is no exception.
Running your own private practice is deeply rewarding, but it’s not without its emotional challenges. It’s tough to balance caring for clients while also caring for yourself. Renting a dedicated space gives you a clear divide between work and home, so you’re not taking your clients’ stories home with you or trying to switch off in the same space you’ve been “on” all day.
It also gives you the chance to create a space that feels calm, warm, and most importantly, yours. One where both you and your clients can breathe a little easier. And if you’re in a shared practice, having a few friendly faces nearby can make all the difference. A quick chat in the hallway or someone to check in with can help you feel supported, especially on the tougher days.
Having a place that feels separate, safe and supported makes it easier to show up as your best self — not just for your clients, but for yourself too.
Renting a space for your private practice comes with many perks, especially for those just starting out or looking for flexibility. It’s a great way to keep overheads low, focus on your clients, and scale your practice as needed. But, as with any business decision, it’s important to take the time to consider whether renting aligns with your business model, goals, and financial plans. Taking a thoughtful approach ensures you make the right choice for your practice's success and growth.
If renting a space for your private practice sounds like the best choice for you, Kiah Place could be just what you’re looking for. With shared offices alongside local psychologists and other healthcare professionals, it’s a great spot to set up your practice and connect with others in the field.