# Perth Class A office rents and incentives

> Headline Class A rent in Perth is around A$660/sqm/yr · ≈ $39.9 PSF/yr USD, with 12 months of typical rent-free on a 7-year term.

**Canonical URL:** https://classa.info/cities/perth/rents-and-incentives
**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
- Headline Class A rent: A$660/sqm/yr · ≈ $39.9 PSF/yr USD.
- Trophy submarket rents (Perth CBD / St Georges Terrace) push to roughly A$480/sqm/yr · ≈ $29 PSF/yr USD.
- Typical concessions on a 7-year deal: 12 months free rent.
- Vacancy stands at 14.6% — market trend is rising.
- Use effective rent (face minus PV of concessions), not headline, to compare deals.

## 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%
- **trophyRent**: A$480/sqm/yr · ≈ $29 PSF/yr USD
- **primeRent**: A$408/sqm/yr · ≈ $24.6 PSF/yr USD

## FAQ
### What is the average Class A rent in Perth?
Around A$660/sqm/yr · ≈ $39.9 PSF/yr USD across the broader Class A index. Trophy submarkets like Perth CBD / St Georges Terrace command 20–40% above that.

### How many months of rent-free are normal in Perth?
12 months on a 7-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

### Are rents rising or falling in Perth?
The Perth Class A market is currently rising. Vacancy is 14.6%, which sets the negotiating context.

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