Perth’s commercial and industrial sector ended 2025 with strong momentum, as high land demand, constrained supply, and continued mining-driven logistics needs created one of the most active final quarters in recent memory. WA’s industrial vacancy rate remains among the lowest nationally, pushing developers to fast-track new projects across multiple precincts.

Strategic locations drive leasing and land sales

Key hubs like Forrestdale, Welshpool, Wattleup and Hope Valley continued to lead Perth’s leasing activity. Industrial occupiers are actively pursuing sites with access to major transport corridors and port infrastructure, especially those offering road-train accessibility.

• Welshpool remained a high-demand zone with strong leasing from freight and maintenance businesses.

• Forrestdale Business Park West welcomed new warehouse completions, with some pre-leased prior to practical completion.

• Latitude 32 and the Western Trade Coast precinct saw increased land sales and new development proposals.

• High demand in Canning Vale and Bibra Lake is driving upward pressure on rents and strata pricing.

Northern corridor ramps up activity

Wangara, Neerabup, and Landsdale are all seeing new speculative developments and strata unit sales. These suburbs continue to attract small-to-medium operators priced out of inner zones.

• Wangara’s multi-unit warehouses remain a standout for leasing velocity and investment value.

• Neerabup’s long-term land release strategy is starting to bear fruit, with larger-format logistics interest increasing.

• Landsdale offers immediate proximity to established labour pools and residential growth corridors.

Major land releases support long-term growth

To meet sustained demand, new industrial land releases are being prioritised by both government and private developers. Many of these are now being marketed with design and construct flexibility or full build packages, offering investors and tenants tailored pathways into the market.

• Hope Valley-Wattleup (Latitude 32) continues staged release of serviced lots with excellent port access.

• Strategic Industrial Area (SIA) planning in Kwinana is unlocking future large-scale heavy industry capacity.

• The state government is fast-tracking planning around Oakajee and Geraldton with an eye on hydrogen and clean industry zones.

• New lots at Catalpa Business Park beside Tonkin Highway are gaining market interest ahead of Stage 2 release.

Bought / Sold

15 Rees Street, O’Connor – $7.5 million sale
A 4,200sqm warehouse on 9,100sqm of land was sold to a WA logistics operator expanding its fleet base.

Lot 7, Catalpa Business Park, Perth – $1.92 million sale
An early Stage 1 lot was acquired by a construction group for future warehousing and staging area.

Unit 2, 18 Buckingham Drive, Wangara – $795,000 sale
A 300sqm office/warehouse unit sold to an electrical wholesaler seeking strata ownership.

How Commercial Property Marketing can help

At Commercial Property Marketing, we work across WA’s major precincts to deliver visuals and campaigns that move projects faster. From development approvals to leasing launch, our aerial 3D renders, IMs, masterplans, and tailored sales tools help you attract buyers, tenants, and investors with confidence.