Power availability in Sydney: DCPI verdict AVOID, composite score 21.4 of 100, as of 2026-10-13. Source: DC Hub.
Data Center Market Deep-Dive · 343 words · generated 2026-10-13 from live DC Hub data · DCPI live as of 2026-10-13
Sydney has 425 MW operational and 320 MW under construction among the verified sites DC Hub lists that report capacity, as of 2026-10-13. By listed capacity the largest operators are AirTrunk (580 MW), Equinix (60 MW) and Global Switch (38 MW).
| Status | MW |
|---|---|
| Operational | 425 |
| Under construction | 320 |
| Total listed | 745 |
| Operator | Under construction MW | Planned MW |
|---|---|---|
| AirTrunk | 320 |
Source: DC Hub (dchub.cloud), facility records as of 2026-10-13. Verified sites that report MW only; blank means no MW reported. The Total MW above also counts unverified directory listings.
Average asking rate: $188 /kW/mo (not stated (average asking rent)), Q1 2026. Vacancy 6.0%.
Asking base rent per kW of critical IT capacity. Electricity is normally billed separately (metered pass-through), plus cross-connects and one-time fees. Signed deals, term and size change the number. Source: CBRE Global Data Center Trends 2026 (Q1 2026): average asking rent $188/kW/mo (link)
Sydney's data center market is moderately saturated with tight power headroom and severe grid constraints. The tracked portfolio spans facilities delivering 2,735 MW of total capacity, placing it ahead of Melbourne's 1,820 MW but subject to identical structural pressures. Equinix dominates with facilities, followed by AirTrunk at 8 sites.
The AVOID verdict is unambiguous for expansion-stage investors. Buyers seeking brownfield acquisition targets or lease-up optionality should look elsewhere.
Recent M&A and pipeline activity reveal defensive rather than offensive posturing. Blackstone's investment in AirTrunk (July 2026) appears strategic rather than growth-oriented, likely securing existing contracted capacity rather than betting on market expansion. Concurrent deal announcements from Anthropic, Amazon, OpenAI, and Stack—all listed as "None" (no disclosed target or value)—suggest major hyperscalers are reassessing Sydney commitments or consolidating existing footprints. On the development side, announced projects indicate a capacity crunch: Macquarie's 200 MW campus in Sydney targets 2029 completion, CDC's Kemps Creek filing targets 144 MW in a single building, and Gateway Capital's 81 MW conversion of a former industrial site all point to greenfield scarcity. Goodman Group's recent withdrawal from a north-shore project following community opposition underscores the added friction—regulatory pushback now compounds power constraints.
For operators already entrenched, Sydney offers defensible cash flows from contracted leases but limited upside. Sydney will remain a renewal-and-hold market for the next 18–24 months unless NSW grid augmentation accelerates beyond current schedules.
| Facility | Operator | Status | MW |
|---|---|---|---|
| AirTrunk SYD3 Sydney | AirTrunk | Under Construction | 320 |
| AirTrunk SYD Campus | AirTrunk | Operational | 150 |
| AirTrunk SYD1 | AirTrunk | Operational | 110 |
| Equinix SY Campus | Equinix | Operational | 60 |
| Global Switch Sydney | Global Switch | Operational | 38 |
| NextDC | Operational | 20 | |
| NTT Sydney 1 | NTT | Operational | 18 |
| Australian Liquidity Centre | Australian Securities Exchange | Operational | 5 |
| Global Switch Sydney East Data Centre | DigiCo REIT | Operational | 5 |
| Global Switch Sydney West Data Centre | DigiCo REIT | Operational | 5 |
| Intellicentre 2 | Macquarie Data Centres | Operational | 5 |
| Intellicentre 3 East | Macquarie Data Centres | Operational | 5 |
| Telstra Data Centre | Telstra | Operational | 4 |
| AWS AP Southeast 2 (Sydney) | Amazon Web Services | Operational | |
| AirTrunk SYD2 Sydney | AirTrunk | Operational | |
| AirTrunk Sydney North | AirTrunk | Operational | |
| Azure Australia East Sydney | Microsoft | Operational | |
| DigiCo Sydney SYD1 (formerly Global Switch Australia) | DigiCo | Operational | |
| Digital Realty SYD10 Sydney | Digital Realty | Operational | |
| Equinix International Business Exchange SY2 Data Center | Equinix | Operational |
Largest first by reported MW (blank where not reported). Unverified directory listings are not shown.
Browse every data center in Australia.
Ask your agent: connect https://dchub.cloud/mcp (no key needed for previews).
Sydney: 2,735 MW — live, cited, and queryable by API or MCP.
Pro $99 · or $10 one-time = 1,000 API credits (1 per call, 5 for heavy tools). Pro-only tools not included.
JSON: /api/v1/markets/sydney/deep-dive · DCPI: /dcpi · Operators: /operators · Updated nightly