Market statistics
Insight
Perth Retail Market Dynamics Q2 2025
- It is anticipated that construction activity will remain challenged in the short to medium term due to elevated construction costs and ongoing skilled labour shortages.
- Vacancy is expected to trend lower going forward as WA continues to outperform national retail spending, driven by stronger population growth, a lower unemployment rate and higher wages growth.
- The neighbourhood sub-sector is forecast to outperform regional and sub-regional rental growth due to the non-discretionary based nature of the sub-sector.