---
title: "Perth Class A submarkets"
description: "All 5 Class A submarkets we track in Perth — tier, average rent, and tenant profile."
canonical: https://classa.info/cities/perth/neighborhoods-overview
pageType: city-topic
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Perth has 5 distinct Class A submarkets we track, anchored by Perth CBD / St Georges Terrace at the trophy tier.

## TL;DR

- 5 submarkets covered.
- Trophy tier: Perth CBD / St Georges Terrace.
- Prime tier: West Perth, Northbridge / Perth Station.
- Established/emerging tier: Subiaco, Herdsman / Osborne Park.

# Perth Class A submarkets

**Perth has 5 distinct [Class A](/glossary/class-a) submarkets we track, anchored by Perth CBD / St Georges Terrace at the [trophy tier](/topics/trophy-asset-selection).**

## TL;DR

- 5 submarkets covered.
- Trophy tier: Perth CBD / St Georges Terrace.
- Prime tier: West Perth, Northbridge / Perth Station.
- Established/emerging tier: Subiaco, Herdsman / Osborne Park.

## By tier

**Perth CBD / St Georges Terrace** (trophy, ~A$480/sqm/yr · ≈ $29 PSF/yr USD) — The mining trophy spine.

**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

| 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%|
| trophyCount | 1|
| primeCount | 2|

## Frequently asked questions

****How many Class A submarkets are in Perth?****
: 5, ranging from trophy (Perth CBD / St Georges Terrace) down to established and emerging clusters.

## Editorial provenance

Reviewed by [**Class A Atlas Editorial Desk**](/about/authors/class-a-atlas-editorial-desk) — House byline · global editorial team. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Trophy Asset Selection**](/topics/trophy-asset-selection) — How to identify and evaluate trophy Class A assets for a flagship requirement.

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