What is the 2026 rental vacancy rate in Perth?
2026 Office Vacancy Rate 16% in Perth WA
The vacancy rate for office space in greater Perth sits between 14% and 16%, depending on the exact sub-market and reporting body:
West Perth / Fringe Markets: Sub-markets like West Perth feature lower vacancy rates, typically ranging between 13% and 15%.According to the current real estate market, the rental vacancy rate in Perth is 16%, the lowest office vacancy rate in 7 years. This rate is low compared with other major cities across Australia, making Perth an attractive city for office space investors seeking long-term returns.
Perth CBD: The office vacancy rate sits at 16.0% (down from 16.9% in late 2025/early 2026), driven by tenant consolidation into central, higher-grade assets and limited new development completions.
Prime-Grade CBD Office: Vacancy is lower at 14.6% to 15.6%, as occupiers favour modern A-grade and Premium space (“flight to quality”).
Secondary-Grade CBD Office: Vacancy is higher, hovering around 19.0% to 19.2%.
A variety of options exist for those looking for great value when renting office space in the Perth CBD. Whether you’re a growing business or an established organization, you’ll find high quality offices available at competitive prices in Perth that will accommodate your office needs.
What is the average office rental price in Perth?
The average office rental price in Perth is around A$600 per square metre per year compared to Sydney @ $1,000 per Sqm. This makes Perth one of the most cost-effective cities in Australia to rent office space and offers significant opportunities for businesses looking to establish a presence in and near the Perth CBD.
With a wide variety of options available, you can choose something that will meet your needs and fit within your budget. From modern, contemporary buildings with great facilities to more traditional spaces with character and charm, you’ll find the perfect spot for your business in Perth’s thriving real estate market.
Whether you’re starting up or already established, there are plenty of great deals on office space in Perth that provide excellent value for money.
What is the trend in office space rental prices in Perth?
What is the average office rental price per square metre in greater Perth?
Average Perth CBD Office Rents ($/sqm p.a.)
| Asset Grade | Average Net Face Rent | Average Net Effective Rent | Average Incentive | Typical Outgoings |
| Premium CBD | $720 – $780 | $430 – $460 | 44% – 46% | ~$218 / sqm |
| A-Grade CBD | $650 – $700 | $330 – $360 | 47% – 48% | ~$188 / sqm |
| Overall Prime (CBD Average) | $675 – $740 | $380 – $395 | 46% – 47% | ~$200 / sqm |
| Secondary CBD (B & C Grade) | $435 – $480 | $235 – $260 | 49% – 50% |
Office space rental prices in Perth are generally on the rise as demand for quality office spaces increases. A range of factors have contributed to this increase, including population growth, rising business investments and the general trend towards higher rents.
As a result, office space rentals in Perth have become increasingly competitive, with landlords looking to offer attractive terms and amenities such as flexible leases, free parking, modern fixtures & Perth office fit-outs, and more.
With a wide range of available options to choose from, businesses can find offices that suit their exact needs without breaking the bank. Whether you’re looking for something luxurious or something functional and affordable – Perth has it all!
Office space construction in the Perth CBD, which started in boom times, has led to oversupply. During the 2022 COVID-19 pandemic economic crisis, even more office space in Perth became available after businesses fled their offices. 2026 Perth office space bargain deals for renting vacant office space in Perth abound. There is plenty of vacant office space near Perth’s CBD, in the metropolitan area within 2 km of the CBD and surrounding suburbs of Perth such as West Perth, Subiaco, South Perth, industrial Osborne Park, cultural Northbridge, apartments of East Perth, Burswood and cosmopolitan Victoria Park. Low office rental rates in Perth combined with cheap residential rents have made Perth an attractive proposition for companies to setup offices in Perth. Proximity to South East Asia / ASEAN and the same time zone of Singapore and other Asian cities also makes for a safe, secure and viable proposition to lease offices in Perth
Thinking about vacant office space near Perth:
- The 2026 average Perth office space rental cost is under A$600 per square metre, compared to the cost of office space in Sydney at A$800/sqm.
- Use Perth business agents instead of setting up an office in Perth.
- If your company has enough financial resources, buy a block of land in the Perth CBD and develop your own office space in Perth but beware of Western Australian government stamp duty.
- If you don’t have resources, I know some sheikhs who do have enough for Perth CBD property development, so phone me if you’re sincere about office space property development in Perth. Perth office space rental represents good value in 2026.
- Perth office space rentals are as diverse as those from the large corporate offices in the financial centre of St. Georges Terrace, Perth in the central business district, where Perth’s skyscrapers overlook the beauty of the Swan River, to that of a small home office by the beaches of Perth.
- Of the over 1 million square meters of office space in the Perth CBD, about 40 percentage is vacant.
OFFICE FITOUT PERTH
Once you’ve rented your new office space in Perth it’s time to consider a new office interior design and office fit out. Here are a couple of good Perth office fit-out service businesses to consider: has large stocks available of affordable .
Your Perth office space leasing ad here and on the 2.7M viewed Map of Perth. Linked Office Space Banner Ads here for < A$1 per day.
Office renovations in Perth
PROPERTY INVESTMENT PERTH
Phone 0418 958 799 for Perth office space online advertising in Perth on this web page.
Office Space in Perth Finding / Reporting Services:
- If you want to lease offices in Perth, contact us with what type of commercial real estate in Perth you’re looking for.
- Temporary serviced offices in Perth for visiting executives, complete with computers and VERY high speed internet connections, telephone the number at the top of the page.
- Want an independent scoping report about current office space in Perth suited to your business? Perth office space reports US$400 each: Express Perth office space video with commentary report on disc, express mailed to you anywhere in the world. Perth architect’s report.
Perth building services engineer report.
Perth office space financial report.
- Want an independent scoping report about current office space in Perth suited to your business? Perth office space reports US$400 each: Express Perth office space video with commentary report on disc, express mailed to you anywhere in the world. Perth architect’s report.