Herdsman / Osborne Park is a established-tier Class A submarket of Perth with average asking rent around A$312/sqm/yr · ≈ $18.8 PSF/yr USD.
Suburban Class A and tech corridor. · Tier: established · Avg rent: A$312/sqm/yr · ≈ $18.8 PSF/yr USD
Herdsman and Osborne Park anchor Perth's principal northern suburban Class A submarket — IT, telecom, and corporate back-office HQs.
IT, telecom, corporate back-office, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Bus; car-dependent.
Multi-modal transit captures the metro's principal professional catchment.
Herdsman Lake, Osborne Park retail.
Herdsman / Osborne Park is one of 5 Class A submarkets we cover in Perth, classified as established tier with an average asking rent around A$312/sqm/yr · ≈ $18.8 PSF/yr USD. Compared with the broader Perth Class A stock, Herdsman / Osborne Park typically attracts IT, telecom, corporate back-office, professional services and competes most directly with the city's other established submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Herdsman / Osborne Park: Perth CBD / St Georges Terrace, West Perth, Northbridge / Perth Station, Subiaco. The full Perth submarket atlas is at /cities/perth.
For an institutional Class A occupier evaluating Herdsman / Osborne Park, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Perth Class A leasing and to the established tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.