Sterling Property’s November Commercial Update covers September and October, a period where leasing did the heavy lifting. Ten of the team’s 16 deals were leases, with $15.1 million in sales settled alongside them.
Perth industrial vacancy held at 2.2% in Q3 2026, the tightest of any major market nationally. Colm McHugh secured four industrial leases across Neerabup, O’Connor and Belmont, including 5,265sqm at 1 Frederick Street, Belmont. Jack Bradshaw completed five leases from West Perth to Balcatta and partnered with Brian Neo on the $4.6 million off-market sale of 230 Rokeby Road, Subiaco.
