26/10/2026
Perth VS Brisbane, two of Australia’s strongest performing residential property markets.
I’ve just returned from a study tour of Perth with the Ray White Group, and drew some interesting comparisons.Â
Compared with the rest of Australia, the residential market is holding, thanks in particular to wealth from the resources sector.Â
But there’s one area where Brisbane is outperforming not only Perth, but is actually leading the nation. Commercial office space.
Perth is grappling to fill its C*D office of almost 19%.
Brisbane meanwhile, can’t keep up the demand and is attracting multi million dollar investors.Â
This month, Alceon announced a $124 Million dollar investment here, purchasing this 20,000sqm site at 410 Ann Street, which is plans to revitalise into luxurious high end
office spaces to keep up with the demand and the nations lowest vacany rate of around 10%.
Brisbane rents have surged by 50% since 2022, compared with Sydney at 26% while Perth grew by only 8%.
So how does this affect our residential property market?
Corporate investment brings jobs, executive relocations and demand for quality housing, particularly in our inner-city suburbs.
So the message is simple, don’t just watch residential property prices watch where the big money is going because a $124 million dollar commercial investment is a strong indicator of where our city is heading.