As of today, 1 April 2022, there are 705 properties for rent in West Perth, this has improved since:

• - October 2019: 1,375 properties were available for rent in this area comprising less than one square kilometre.
• - October 2020: 1,010 properties were available, so the situation had improved somewhat.
• - February 2021: 950 properties were available for rent in this area, a slight improvement.
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This is a stark contrast to when we were looking for office space in West Perth back in 2007 as prices went up 40% in one year, as there were no offices to be found and West Perth was highly desirable. This illustrates very clearly how property demand can change, it is after all a lumpy asset and needs to be held long term.

All information was obtained from this website - https://www.commercialrealestate.com.au/for-lease/west+perth-wa-6005/offices/ 

Disclaimer: This information is general in nature. So, before acting on this or any other information, it is important to seek professional advice related directly to you and your circumstances from a registered real estate professional.  Should you require our assistance in relation to taxation or related property matters, contact your Primarius Team leader, or email us at info@primarius.net.au