Buying Commercial Property in Perth: A Guide for Business Owners

Perth has shown strong conditions in selected commercial segments, especially industrial and logistics, supported by tight vacancy and occupier demand. For business owners considering whether to buy commercial property in Perth instead of continuing to lease, current market conditions present opportunities that deserve careful evaluation.

The decision to buy rather than lease is not always right, and the timing of that decision is not always obvious. But understanding what is actually happening in each segment of the Perth commercial property market and what each asset type requires from a buyer is the starting point for making it work well.

The Perth Commercial Property Market by Asset Type

Industrial

Perth’s industrial and logistics vacancy was around 1.0% in H1 2026, according to CBRE, highlighting continued demand for well-located industrial assets. This is one reason many investors looking to buy commercial property in Perth continue to prioritise industrial assets, although strong demand also means buyers should move quickly when suitable opportunities become available.

Retail and Strata Office

Smaller strata assets can offer lower entry points than larger commercial properties, but pricing varies significantly by suburb, asset type and individual property.

CBD and Suburban Office

Perth CBD office vacancy reached 17.0% in 1H25 and eased slightly to 16.9% in 2H25, according to CBRE’s Perth CBD office figures.

Commercial property purchases in Australia: buyers may benefit from independent research, buyer-side negotiation and access to both on-market and off-market opportunities. These considerations can be particularly useful for business owners making their first commercial acquisition.

What a Buyer’s Agent Does Differently in Commercial

Commercial comparable sales data is less publicly available than residential. Sellers and their agents operate with full knowledge of what similar assets have sold for; buyers without access to that data negotiate from a weaker position.

A licensed commercial property buyers agent Perth working exclusively for the buyer can provide buyer-focused market research, comparable-sales analysis, off-market access and negotiation support.

Due diligence on a commercial asset is also more layered than on a residential one. Permitted use verification, lease review, outstanding council notices, environmental obligations, and the specific boundary of what is being transferred relative to what is physically occupied are all buyer-side checks that should be considered before committing to the purchase, with appropriate due-diligence conditions and professional advice where required. Lorven Buyers Agency provides buyer representation in Western Australia, helping business owners evaluate commercial opportunities, negotiate purchase terms, coordinate due diligence, and identify suitable on-market and off-market properties. For many first-time commercial purchasers, working with an experienced buyers advocate Perth can also help coordinate due diligence, negotiations, and professional advisers throughout the transaction.

Visit us at lorvenbuyersagency.com.au or email info@lorvenbuyersagency.com.au. Follow Lorven Buyers Agency on Instagram, Facebook, and LinkedIn for commercial property insights and buyer advice.

Frequently Asked Questions

Q: What deposit do I need to buy commercial property in Perth?

Answer: Commercial property loans often require more equity than residential loans. The required deposit/LVR varies by lender, asset type, tenancy and borrower profile.

Q: What should buyers consider when assessing Perth’s industrial market in 2026?

Answer: Perth’s industrial market remains tightly supplied, with CBRE reporting around 1.0% vacancy in H1 2026. Whether an individual asset is suitable depends on its price, location, tenant, lease, and buyer objectives.

Q: What is the most important thing to check before buying a tenanted commercial property?

Answer: Review the remaining lease term, tenant strength, market rent, and any outstanding lease obligations. These factors directly affect the property’s long-term value and income.