Perth CBD / St Georges Terrace (trophy, ~A$480/sqm/yr · ≈ $29 PSF/yr USD) is one of 5 Perth Class A submarkets we track.

  • Perth CBD / St Georges Terrace sits at trophy tier.
  • Average rent A$480/sqm/yr · ≈ $29 PSF/yr USD vs city average 660.
  • Compared submarkets: West Perth (prime), Northbridge / Perth Station (prime), Subiaco (established).

Perth CBD / St Georges Terrace vs other Perth submarkets

Perth CBD / St Georges Terrace (trophy, ~A$480/sqm/yr · ≈ $29 PSF/yr USD) is one of 5 Perth Class A submarkets we track.

TL;DR

  • Perth CBD / St Georges Terrace sits at trophy tier.
  • Average rent A$480/sqm/yr · ≈ $29 PSF/yr USD vs city average 660.
  • Compared submarkets: West Perth (prime), Northbridge / Perth Station (prime), Subiaco (established).

Side-by-side with peers

**West Perth** (prime, A$408/sqm/yr · ≈ $24.6 PSF/yr USD) — Mining-services and law corridor. **Northbridge / Perth Station** (prime, A$432/sqm/yr · ≈ $26.1 PSF/yr USD) — Repositioned creative-class submarket. **Subiaco** (established, A$360/sqm/yr · ≈ $21.7 PSF/yr USD) — Inner-suburban professional services. **Herdsman / Osborne Park** (established, A$312/sqm/yr · ≈ $18.8 PSF/yr USD) — Suburban Class A and tech corridor.

Key facts

cityPerth
submarketPerth CBD / St Georges Terrace
tiertrophy
averageRentLocalA$480/sqm/yr · ≈ $29 PSF/yr USD
cityClassARentUsd$40/sqft/yr
cityVacancyPct14.6%

Frequently asked questions

What other submarkets compete with Perth CBD / St Georges Terrace in Perth?
West Perth, Northbridge / Perth Station, Subiaco

Related

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.

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