Subiaco is a established-tier Class A submarket of Perth with average asking rent around A$360/sqm/yr · ≈ $21.7 PSF/yr USD.
Inner-suburban professional services. · Tier: established · Avg rent: A$360/sqm/yr · ≈ $21.7 PSF/yr USD
Subiaco anchors Perth's principal inner-suburban Class A submarket — professional services, healthcare, and engineering HQs.
Professional services, healthcare, engineering, mining services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Subiaco station (rail), bus.
Multi-modal transit captures the metro's principal professional catchment.
Subiaco Markets, Optus Stadium nearby.
Subiaco is one of 5 Class A submarkets we cover in Perth, classified as established tier with an average asking rent around A$360/sqm/yr · ≈ $21.7 PSF/yr USD. Compared with the broader Perth Class A stock, Subiaco typically attracts Professional services, healthcare, engineering, mining services and competes most directly with the city's other established submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Subiaco: Perth CBD / St Georges Terrace, West Perth, Northbridge / Perth Station, Herdsman / Osborne Park. The full Perth submarket atlas is at /cities/perth.
For an institutional Class A occupier evaluating Subiaco, 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.