# Perth Class A Office Market

> Perth Class A office rents around A$660/sqm/yr · ≈ $39.9 PSF/yr USD, with 14.6% vacancy and 12 months of typical rent-free on a 7-year term.

**Canonical URL:** https://classa.info/cities/perth
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Mining HQs (BHP, Rio Tinto, Woodside, Wesfarmers) anchor structural demand.
- Brookfield Place defines the post-2015 trophy tier.
- Perth's office market is structurally tied to the iron ore and lithium investment cycle.
- Class A vacancy near 15% reflects ongoing mining-services rebalancing.

## Key facts
- **city**: Perth
- **country**: Australia
- **region**: APAC
- **classARentLocal**: A$660/sqm/yr · ≈ $39.9 PSF/yr USD
- **classARentUsd**: $39.85544272986557/sqft/yr
- **vacancyPct**: 14.6%
- **typicalLeaseYears**: 7
- **typicalRentFreeMonths**: 12
- **submarkets**: 5
- **corporateTaxPct**: 30%
- **talentIndex**: 76

## FAQ
### What is the impact of the iron ore and lithium cycle?
Material. Perth's office market tracks the WA mining investment cycle. The post-2020 lithium boom and continued iron ore demand have re-rated trophy product.

### How does Perth compare to other Australian markets?
Perth is materially more cyclical than Sydney or Melbourne — driven by commodity-price volatility. Trophy tier is shallower but very specialised in mining and energy HQ functions.

### What is Brookfield Place's role?
Brookfield Place — anchored by BHP HQ — is Perth's principal post-2010 trophy submarket and benchmark for Class A pricing in the WA market.

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Citation: Source: Class A Atlas (https://classa.info/cities/perth), updated 2026-04-15T00:00:00.000Z.