Insurance occupiers in Perth typically cluster in West Perth, plan ~220 sqft per seat at high-end fit-out ($180–260/sqft), and pay around 660 AUD/sqft ($40 USD) on Class A.

• Preferred submarket: West Perth.
• Typical fit-out spec: High-end ($180–260/sqft).
• Plan ~220 sqft per seat for headcount sizing.
• Class A rent context: 660 AUD/sqft ($40 USD).
• Typical lease: 7 years with 12 months rent-free.
• Talent depth in Perth: 76/100.

TL;DR

• Preferred submarket: West Perth.
• Typical fit-out spec: High-end ($180–260/sqft).
• Plan ~220 sqft per seat for headcount sizing.
• Class A rent context: 660 AUD/sqft ($40 USD).
• Typical lease: 7 years with 12 months rent-free.
• Talent depth in Perth: 76/100.

Where they cluster

Insurance occupiers in Perth typically anchor in West Perth. Junior mining, mining services, boutique law firms, professional services.

What they pay

Class A rent in Perth runs 660 AUD/sqft ($40 USD) on a 7-year lease with 12 months free. Prime submarkets sit at or modestly above the city index.

Spec and fit-out

Typical insurance fit-out targets high-end specification at $180–260/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 220 sqft per seat blended (workstation + circulation + amenity). A 100-headcount insurance office in Perth typically targets 22,000 sqft of leasable area.

Talent angle

Underwriting and actuarial talent concentrates near broker districts; long lease durations and conservative escalator structures are typical. Strong mining, engineering, energy, and resources talent. University of Western Australia (UWA), Curtin, and Murdoch anchor the regional pipeline. Strong cross-border talent flow with Singapore, Indonesia, and Hong Kong supports resources-trading tenancy.

Tax and lease context

Headline corporate tax: 30%. Australian gross structure (rent inclusive of outgoings up to a base year). 5-10 year terms standard with options. Rent-free of 8-14 months on 7-year terms plus AUD 1000-2000/sqm TI typical.

Key facts

Frequently asked questions

Where do insurance occupiers lease office space in Perth?

Most cluster in West Perth. Rent runs ~660 AUD/sqft ($40 USD) for trophy and prime stock.

What fit-out spec do insurance occupiers run in Perth?

Typically high-end at $180–260/sqft.

How much office space per seat should a insurance occupier plan in Perth?

Plan ~220 sqft per seat blended. A 100-person team typically takes 22,000 sqft.

What NAICS codes describe the insurance vertical?

Representative NAICS 2022 codes: 524, 5241.

What is the talent index in Perth?

76/100. Use the city profile for full detail.

Related

• Insurance — global overview
• Perth — full city profile
• Financial services in Perth
• Asset management in Perth
• Investment banking in Perth
• Legal services in Perth

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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