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Perth's industrial sector experienced a 13.6% median sale price growth and high demand in 2024, despite reduced sales.
Perth's industrial sector topped the commercial market in price growth for the year ending June 2024, with a 13.6% increase in annual median sale price per square meter to $2,389.
The inner sub-region had the highest annual median sale price per sqm at $2,985.
Despite a 5.3% decrease in sales compared to the previous year, industrial sector activity remained strong due to high demand and rising prices partly attributed to a lack of supply, according to REIWA CEO Cath Hart.
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El sector industrial de Perth experimentó un crecimiento medio de los precios de venta del 13,6% y una alta demanda en 2024, a pesar de la reducción de las ventas.