# Perth office lease norms

> Australian gross structure (rent inclusive of outgoings up to a base year).

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

## TL;DR
- Typical lease length: 7 years.
- Typical rent-free: 12 months.
- Vacancy: 14.6%; trend rising.
- Australian gross structure (rent inclusive of outgoings up to a base year).

## Key facts
- **city**: Perth
- **country**: Australia
- **region**: APAC
- **classARentLocal**: A$660/sqm/yr · ≈ $39.9 PSF/yr USD
- **classARentUsd**: $40/sqft/yr
- **vacancy**: 14.6%
- **typicalLeaseYears**: 7
- **typicalRentFreeMonths**: 12
- **submarkets**: 5
- **primeYieldPct**: 6%

## FAQ
### What's a typical lease term in Perth?
7 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.

### How is rent quoted in Perth?
In AUD/sqft/year. We also publish a USD-normalised view ($40/sqft/yr) for cross-market comparison.

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