Perth has 5 distinct Class A submarkets we track, anchored by Perth CBD / St Georges Terrace at the trophy tier.
Perth has 5 distinct Class A submarkets we track, anchored by Perth CBD / St Georges Terrace at the trophy tier.
**Perth CBD / St Georges Terrace** (trophy, ~A$480/sqm/yr · ≈ $29 PSF/yr USD) — The mining trophy spine. **West Perth** (prime, ~A$408/sqm/yr · ≈ $24.6 PSF/yr USD) — Mining-services and law corridor. **Northbridge / Perth Station** (prime, ~A$432/sqm/yr · ≈ $26.1 PSF/yr USD) — Repositioned creative-class submarket. **Subiaco** (established, ~A$360/sqm/yr · ≈ $21.7 PSF/yr USD) — Inner-suburban professional services. **Herdsman / Osborne Park** (established, ~A$312/sqm/yr · ≈ $18.8 PSF/yr USD) — Suburban Class A and tech corridor.
| city | Perth |
|---|---|
| country | Australia |
| region | APAC |
| classARentLocal | 660 AUD/sqft/yr |
| classARentUsd | $440/sqft/yr |
| vacancy | 14.6% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 12 |
| submarkets | 5 |
| primeYieldPct | 6% |
| trophyCount | 1 |
| primeCount | 2 |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.