Perth
Perth is the capital of Western Australia, and the fourth most populous city in the country. Both the state's Parliament and Supreme Courts are located here, while the local economy is dominated by the finance, insurance, professional services, scientific and technical services, hospitality, mining and retail industries.
Perth is home to over 780 Australian Stock Exchange listed companies, more than any other capital city in Australia. The city also boasts more than 30 international oil and gas companies, including BHP Billiton, Rio Tinto, Schlumberger and Apache Energy.
The location
Perth is located on the Swan Coastal Plan, on the western side of Australia.
It is also the central hub of the expanding bus, train and ferry transport system linking the greater metropolitan area. The area is conveniently situated in the same time zone as key international business markets such as Singapore, Shanghai, Hong Kong, Kuala Lumpur and Taipei.
Neighbouring areas - price comparisons, per person per month
The prices given below are the minimum to maximum average cost for serviced offices, per person per month, derived from our Sales Team's knowledge.
Area - Indicative price range
Perth AUD600 – 1000
West Perth / Subiaco / Osbourne Park AUD500 – 900
South Perth / Fremantle AUD500 – 900
Looking for an office in Perth
The Perth office market is stable, with major operators occupying CBD locations, particularly those on the sought-after St Georges Terrace. According to specialist local consultant Betty Chen, the CBD is a good option for businesses looking to establish themselves in Perth, due to ease of access, local amenities and the surrounding companies. If parking is a priority, then locations outside the CBD are recommended.
Costs
The ANZ market doesn't typically use workstation or desk rates to give guide prices, but the average serviced office cost per desk in Perth CBD is $600 – 1000, while in the surrounding areas it ranges from $500 – 900.
Prices will vary according to location and requirements. Costs are inclusive of amenities, which can cover Internet, meeting rooms, IT and administrative support, lounges, kitchens, car parking, videoconferencing and AV equipment.
Office sizes
In general, private suites are favoured over coworking spaces in Perth. Instant offer a great variety of office solutions in a range of sizes, and are able to accommodate most enquiries, from one person through to 100 or more, depending on the specifics.
Serviced office providers can be flexible with the layout of the workspace, and are happy to discuss partitioning to fit a particular requirement.
Why choose Perth?
As the capital of Western Australia, Perth is an economic hub for the region; it's had one of the most consistent rates of economic growth in Australia over the past ten years. It has excellent transport links, and is ideally located for business travel to – and trade with – prime Asian markets.
With a highly skilled workforce, an appealing outdoor lifestyle and a strong network of business support services and industry organisations, Perth is the ideal city in which to establish your business.
Five things you probably didn’t know about Perth:
1. The city is one of the most isolated in the world; the nearest city with a population of 100,000 or more is Adelaide, 2,104km away
2. Perth is closer to Bali than it is to Sydney
3. The Perth Mint is the oldest mint in the world still operating out of its original premises
4. Perth averages eight hours sunshine per day and 118 clear days per year
5. The 1,003-acre Kings Park on the edge of the CBD is the most popular visitor destination in Western Australia
A closer look at Perth
These are the most popular areas in which to rent office space:
Perth CBD
• Perth CBD is bordered by the Swan River on the south and the east, with Kings Park on the western side
• St Georges Terrace, the main street that runs through the CBD, is recognised as the heart of the commercial district, and offers a desirable business address
• Perth CBD is populated by companies from the oil and gas industries, as well as finance, law and mining
• Some of these big names with premises here include BHB Billiton, Chevron, Rio Tinto, Minter Ellison and iiNet
• The CBD is well served by public transport; as well as the regular bus and train routes, people can make use of the high frequency Central Area Transit buses, which are free and exclusive to the CBD
West Perth
• West Perth is situated next to the Perth CBD, and is part of the inner mixed zone, with many office blocks that have replaced residential buildings
• Businesses from the mining, law, consulting and medical industries tend to populate the area
• Hay Street is the main commercial precinct in West Perth, with a pedestrian mall, as well as other shops, businesses and restaurants
• West Perth is the ideal location for those wishing to make use of the main facilities of the city, without the hassle of parking problems
Subiaco
• Subiaco is an inner western suburb of Perth, situated north-west of Kings Park and around three kilometres west of the CBD
• Commercial development is situated around Hay Street and Rokeby Road
• The area has a number of boutiques, markets, jewellery stores and restaurants, which make it a bustling, vibrant location
• As well as its bohemian credentials, Subiaco is focused on growing traditional business in the area
• Organisations such as the Subiaco Business Association work to encourage new business developments in the area, meet the needs of current operators, and grow business opportunities within Subiaco
South Perth
• Situated around three kilometres south of the CBD, South Perth adjoins two major roads – Canning Highway and the Kwinana Freeway
• Due to its desirable location by the Swan River and proximity to the CBD, land prices in the area can be quite expensive
• Although largely residential, there are a number of businesses established in the area, with major commercial developments and office towers in the works
• South Perth is well served by ferry, bus and train networks
• There is also plenty of parking available for local businesses
Osborne Park
• Osborne Park is a suburb situated a few kilometres north of the CBD
• It's a mixed residential/commercial area, with many retailers, small businesses and warehouses
• Main Street is the business and retail centre of town, with offices, restaurants, shops and cafés
• Osborne Park is situated near a freeway for easy transport access, and is also served by bus and train routes
Want to find out more?
If you’re looking to move into the area, or simply require more information, contact Instant Offices' specialist local consultants. Email our team or call us and we'll be delighted to help you.