Location has always mattered in commercial property. In healthcare, it shapes everything from patient accessibility to long-term practice viability.
Claremont Specialist Medical Centre at 2 Shenton Road sits at the heart of one of Perth’s strongest specialist medical catchments. As Exclusive Leasing Agents for the project, Sterling Property has taken a close look at the socioeconomic and demographic data behind the precinct.
A high-income catchment with strong residential fundamentals
The western suburbs corridor ranks consistently among Perth’s highest-income residential precincts. Median weekly household incomes range from approximately $2,068 in Claremont to $2,500 in Dalkeith, more than double the WA average of $848 per week. Median house prices in Claremont sit above $3.14 million. This is an established, wealth-stable residential base with the financial capacity to access specialist healthcare services.
Private health engagement that supports fee-for-service demand
72% of western suburbs residents hold private health insurance, compared to a 55% metro average. Private hospital utilisation in the corridor runs at 1.4 times the Perth norm. For practitioners considering where to establish or grow their practice, that level of private health engagement supports stronger fee-for-service fundamentals over the long term.
A growing, ageing population
29.3% of the local population is aged 50 and above, with a median age of 44 and a population growth rate of 14.5% annually. More than 750 new residences have been developed within the Claremont on the Park precinct. Directly opposite the centre sits The Queenslea, a premium aged care and retirement living facility by Oryx. The surrounding precinct is also home to Scotch College, Christ Church Grammar School and Methodist Ladies’ College, broadening the patient catchment across multiple demographics.
A well-connected location
Claremont Train Station is directly adjacent, less than one minute on foot. The Nedlands medical precinct is a five minute drive. The Perth CBD is eight minutes by train. Claremont Quarter is a three-minute walk. The centre sits at the intersection of residential density, retail amenity and public transport infrastructure in a highly accessible part of Perth’s western suburbs.
The Opportunity
Claremont Specialist Medical Centre is a purpose-built, four-level specialist medical facility on the final remaining lot within the Claremont on the Park precinct. The fundamentals here create a strong opportunity for a wide range of health providers. With over 70% of the building already pre-leased, a limited number of suites remain available across Level 2 and Level 3, ranging from 92 to 599sqm. Completion by Georgiou is forecasted for Q1 2027.
For further information, contact the Exclusive Leasing Agents at Sterling Property.
Simon Brady | Partner | 0407 486 401 | sbrady@sterlingproperty.au
Brian Neo | Managing Director | 0411 868 486 | bneo@sterlingproperty.au
