Perth’s commercial property market is rounding out the year with renewed momentum. Industrial and logistics assets continue to outperform, driven by sustained occupier demand and limited supply, particularly in growth corridors like Neerabup. Suburban office and medical sectors are also showing resilience, underpinned by owner-occupier confidence and infrastructure-led activity.
At Sterling Property, we’re seeing a direct correlation between agent collaboration and stronger results. When two agents work together on a transaction, deals are closing faster and often exceed appraised values. This approach is helping unlock better outcomes for both vendors and buyers, especially in competitive suburban and fringe markets.
$46.6 million in property sales settled across September and October
Leasing activity rose 83 % month-on-month
Deal rate is accelerating into year-end, with an uplift in buyer urgency and decision-making
Neerabup highlighted as a key industrial growth zone, with strong leasing and land value uplift
Active buyer segments include owner-occupiers, medical users and social infrastructure investors
For a deeper dive into the latest market trends and insights, read our latest commercial update see below:
Brian Neo
Managing Director, Sterling Property
E: bneo@sterlingproperty.au
M: 0411 868 486
