【莱坊-2026研究报告】Perth Industrial State of the Market Report Q4 2025.pdfVIP

PerthIndustrial

StateoftheMarket

RentalgrowthslowsbutlandvaluescontinuetheirascentQ42025

•PrimenetfacerentsinPerthaveraged$154/sqmin25-Q4,rising4.8%y/ybutflatq/q

•TheEastisstillthemostexpensiveprecincttorentindustrialspaceinPerthaveraging$164/sqm

•Incentivesarebecomingincreasinglycommon,particularlyamongstinstitutions,theyaverage9.6%forprime

•Landvaluesforsmallsizedlotsaverage$627/sqmhavingrisen12.2%in2025;theyrose1.8%q/q

•Primeindustrialyieldsremainflatat6.50%fortheninthconsecutivequarter

•WAisforecasttohavethestrongestpopulationgrowthofanystateoverthenext5-years

PerthindustrialprimerentsPerthindustrialrents

primenetfacerent$/sqm(LHS),andannualgrowth%(RHS)byprecinctandrentaltype,$/sqm

AnnualGrowthNetfacerentNetfaceNeteffective

18050.0%170

16040.0%160

14030.0%150

12020.0%140

10010.0%130

800.0%120

60-10.0%110

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