Property Forecasting > Report

Perth Commercial Property Market 2020-2030

WA is faring better through the COVID-19 pandemic than most other states. Indeed, the near term setback to office employment is likely to be milder than our earlier expectations. Even so, the Perth office market is not escaping unscathed. It started the year heavily oversupplied, vacancy rates increased further in H1 2020 and effective rents are falling this year. The market faces a long, slow recovery.

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