2026-04-27-莱坊-Perth_Industrial_State_of_the_Market_Report_Q1_2026_2页_630kb

报告摘要

Perth Industrial Market Summary - Q1 2026

Core Content Overview

The Perth industrial market has demonstrated strong performance in Q1 2026, with notable increases in land values and prime rents. The market continues to outperform most other Australian cities in rental growth over the past decade, making it an attractive investment opportunity.

Key Market Indicators

Land Values

Small lots (<5,000sqm): Increased by 14.4% year-over-year (y/y).
Medium lots (1-5ha): Rose by 15.7% y/y.
Land values vary by precinct:
- North: Small lots at $750/sqm, Medium lots at $475/sqm
- East: Small lots at $700/sqm, Medium lots at $575/sqm
- Inner South: Small lots at $706/sqm, Medium lots at $594/sqm
- Outer South: Small lots at $525/sqm, Medium lots at $469/sqm

Prime Rents

Average net face rent: $164/sqm
Quarterly growth: 4.5%
Annual growth: 8.3%
Prime rents by precinct:
- North: $750/sqm
- East: $700/sqm
- Inner South: $706/sqm
- Outer South: $525/sqm

Yields

Prime yields: Remain flat at 6.5% y/y.
Secondary yields: Also flat at 7.2% y/y.
Yield by grade:
- Prime: 6.5%
- Secondary: 7.2%

Rental Growth Comparison

Perth's prime rental growth has consistently outpaced all other Australian cities except Sydney over the last 10 years.
Compound Annual Growth Rate (CAGR) for prime rental growth in Perth is 8.3%.

Recent Significant Sales

Property	Suburb	Precinct	Price ($M)	Building Size (sqm)	Price per sqm	Purchaser	Vendor
248 Welshpool Road	Welshpool	East	10.5	4,092	2,554	Private	RF CorVal
61-67 Nardine Close	High Wycombe	East	16.1	n/a	800	Toyota	Private
25 Delawney Street	Balcatta	North	21.5	3,616	5,946	Private	Private

Notes:

The sale of 25 Delawney Street includes laboratory equipment.
The 61-67 Nardine Close sale is for land only.

Economic Indicators (2023–2029)

Western Australia

Annual GSP Growth (%):
- 2023: 1.88
- 2024: 1.30
- 2025: 1.70
- 2026 (f): 1.60
- 2027 (f): 1.52
- 2028 (f): 1.64
- 2029 (f): 1.78
Annual Population Growth (%):
- 2023: 3.39
- 2024: 2.91
- 2025: 2.17
- 2026 (f): 1.87
- 2027 (f): 1.65
- 2028 (f): 1.59
- 2029 (f): 1.58
Unemployment Rate (%):
- 2023: 3.65
- 2024: 3.71
- 2025: 3.99
- 2026 (f): 4.50
- 2027 (f): 4.50
- 2028 (f): 4.20
- 2029 (f): 4.10

Australia

CPI Inflation (%):
- 2023: 4.05
- 2024: 2.42
- 2025: 3.73
- 2026 (f): 4.41
- 2027 (f): 2.65
- 2028 (f): 2.40
- 2029 (f): 2.57
Cash Rate (%):
- 2023: 4.35
- 2024: 4.35
- 2025: 3.60
- 2026 (f): 4.10
- 2027 (f): 4.10
- 2028 (f): 3.60
- 2029 (f): 3.35
10-year Government Bond Yield (%):
- 2023: 3.96
- 2024: 4.48
- 2025: 4.76
- 2026 (f): 4.93
- 2027 (f): 4.79
- 2028 (f): 4.34
- 2029 (f): 4.28