Perth has entered the new financial year as one of Australia’s strongest performing commercial property markets, with industrial assets continuing to attract exceptional demand from investors, owner-occupiers and developers. Supported by Western Australia’s resilient economy, record resources investment and expanding logistics sector, Perth continues outperforming many eastern states across key industrial property indicators.

Demand remains particularly strong throughout Perth’s southern industrial corridor, where limited land supply and ongoing infrastructure investment continue driving rental growth and capital appreciation. Businesses are actively securing facilities well ahead of completion, while developers continue searching for opportunities to bring additional industrial land to market.

As mining investment, defence spending and renewable energy projects continue expanding across Western Australia, Perth’s long-term commercial property outlook remains highly positive.

Perth market snapshot

• Industrial property remains Perth’s strongest commercial asset class.
• Vacancy rates remain extremely low across established industrial precincts.
• Rental growth continues throughout logistics and manufacturing markets.
• Investor confidence remains exceptionally strong.
• Owner-occupier demand continues increasing.
• Industrial land supply remains constrained.
• Resources and defence sectors continue driving demand.
• Major infrastructure projects support long-term growth.
• Institutional investment remains highly active.

Major commercial property activity

Commercial property activity throughout July has remained focused on industrial facilities, logistics hubs and large-scale development sites.

Demand continues strongest across:

• Distribution centres
• Industrial estates
• Manufacturing facilities
• Business parks
• Trade centres
• Commercial development land
• Large-format retail
• Transport and logistics assets

Developers continue pursuing opportunities throughout Perth’s southern and eastern industrial corridors, while institutional investors remain focused on high-quality logistics assets with long-term lease profiles.

Industrial market continues outperforming

Industrial property remains the standout performer across Perth.

Businesses continue actively seeking:

• Warehouses from 500m² to 20,000m²
• Logistics facilities
• Hardstand sites
• Manufacturing facilities
• Engineering workshops
• Distribution centres
• Industrial land

Modern developments featuring:

• High-clearance warehousing
• Heavy-duty hardstand
• Multiple roller doors
• Premium office accommodation
• Solar-ready buildings
• Excellent heavy vehicle access

continue attracting premium leasing outcomes.

Many developments are substantially committed before construction is complete.

Kwinana continues attracting major investment

Kwinana remains one of Western Australia’s most important industrial precincts.

The area continues benefiting from:

• Major resources investment
• Energy infrastructure
• Heavy industry
• Port access
• Manufacturing expansion
• Logistics demand

Demand remains exceptionally strong for industrial facilities supporting mining, processing and renewable energy industries.

Henderson continues benefiting from defence investment

Henderson remains one of Australia’s most strategically important defence and marine industry precincts.

Continued investment across:

• Naval shipbuilding
• Defence manufacturing
• Marine engineering
• Offshore energy
• Heavy fabrication
• Specialist engineering

is generating significant demand for industrial property throughout the precinct.

Developers continue closely monitoring opportunities supporting Australia’s expanding defence capability.

Welshpool remains tightly held

Welshpool continues recording exceptionally strong demand from logistics operators and trade businesses.

Businesses continue valuing:

• Central metropolitan location
• Excellent freight access
• Established industrial infrastructure
• Large industrial allotments
• Strong transport connectivity

Vacancy remains extremely limited, supporting continued rental growth.

Canning Vale continues expanding

Canning Vale remains one of Perth’s busiest industrial markets.

Demand continues coming from:

• Construction suppliers
• Manufacturing businesses
• Food production
• Transport companies
• Trade wholesalers
• Service industries

Modern warehouses continue leasing quickly due to limited available stock.

Malaga remains a major employment centre

Malaga continues attracting a diverse mix of businesses across manufacturing, trade, automotive and logistics sectors.

Industrial accommodation throughout the precinct remains tightly held, while owner-occupier demand continues supporting strong capital growth.

Resources sector continues supporting commercial property

Western Australia’s mining industry remains one of the state’s greatest economic strengths.

Continued investment across:

• Iron ore
• Lithium
• Critical minerals
• Battery materials
• Gold
• Energy

continues generating demand for industrial property, engineering facilities and logistics accommodation throughout metropolitan Perth.

Infrastructure continues driving confidence

Major infrastructure investment continues strengthening Perth’s commercial property outlook.

Key projects include:

• Westport planning
• METRONET expansion
• Kwinana Freeway upgrades
• Freight rail improvements
• Defence infrastructure
• Port investment
• Renewable energy infrastructure
• Industrial estate expansion
• Major road upgrades

These projects continue improving freight efficiency while supporting long-term employment growth.

Rental growth remains strong

Industrial rental growth continues throughout Perth’s major employment corridors.

Key drivers include:

• Extremely low vacancy
• Limited industrial land
• Resources investment
• Strong owner-occupier demand
• Rising construction costs
• Manufacturing expansion

Well-located industrial facilities continue attracting multiple prospective tenants shortly after becoming available.

Investor confidence remains exceptionally strong

Perth continues attracting investment from:

• Institutional funds
• Private investors
• Interstate buyers
• Family offices
• International capital

Many investors continue viewing Perth as offering some of Australia’s strongest long-term industrial fundamentals, supported by Western Australia’s economic performance and ongoing infrastructure investment.

What developers should watch

Several themes are expected to shape Perth’s commercial property market throughout the second half of 2026.

• Continued industrial land shortages.
• Strong logistics demand.
• Expansion of defence industries.
• Renewable energy investment.
• Resources sector growth.
• Ongoing rental growth.
• Increased institutional investment.
• Expansion of southern industrial corridors.
• Continued demand for premium logistics facilities.

Developers who secure strategically located industrial sites throughout Perth are likely to benefit from sustained occupier demand, infrastructure investment and one of Australia’s strongest state economies.

Position your project ahead of the market

As Perth continues attracting national and international investment, presenting projects professionally has never been more important.

At Commercial Property Marketing, we help developers, landowners and agencies create compelling visual marketing that drives stronger commercial outcomes.

Our work is designed to:

• Increase land values.
• Accelerate pre-sales and pre-leasing.
• Generate higher-quality buyer enquiries.
• Reduce vacancy periods.
• Improve investor confidence.
• Support planning approvals and stakeholder engagement.
• Differentiate projects in competitive markets.
• Maximise the long-term value of commercial property assets.