Northbridge / Perth Station is a prime-tier Class A submarket of Perth with average asking rent around A$432/sqm/yr · ≈ $26.1 PSF/yr USD.
Repositioned creative-class submarket. · Tier: prime · Avg rent: A$432/sqm/yr · ≈ $26.1 PSF/yr USD
Northbridge — north of the railway line — anchors Perth's principal repositioned creative-class Class A submarket. Yagan Square and Perth City Link define the post-2015 mixed-use frontier.
Tech, creative agencies, hospitality, government.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Perth Station, Yagan Square, bus.
Multi-modal transit captures the metro's principal professional catchment.
Northbridge dining, Perth Cultural Centre, Yagan Square.
Northbridge / Perth Station is one of 5 Class A submarkets we cover in Perth, classified as prime tier with an average asking rent around A$432/sqm/yr · ≈ $26.1 PSF/yr USD. Compared with the broader Perth Class A stock, Northbridge / Perth Station typically attracts Tech, creative agencies, hospitality, government and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Northbridge / Perth Station: Perth CBD / St Georges Terrace, West Perth, Subiaco, Herdsman / Osborne Park. The full Perth submarket atlas is at /cities/perth.
For an institutional Class A occupier evaluating Northbridge / Perth Station, 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 prime 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.