12/01/2026
Perth didn’t follow the east-coast script in 2025.
Compared to Sydney/Melbourne, Perth had:
• lower industrial vacancy (in some precincts, under 1%)
• far less space being sub-let
• some of the strongest land value growth nationally
Translation: WA industrial is still tight, still valuable, and still hard to replace once you’ve got it.
If you’re in Perth, the real question isn’t “can I find something?” It’s “am I using the land and building I’ve got in the smartest way possible?”