348 - WA Commercial Market Insights July25 ft. Vanessa Rader

Trent Fleskens hosts the Perth Property Show with guest Vanessa Rader from Ray White Commercial, discussing the current state of Australia's commercial real estate market post-election. They cover transaction volumes, high interest rates, and the recent shifts in various property sectors including retail, industrial, and office spaces. Vanessa highlights that WA's commercial market has seen retail transactions dominate, with low industrial and office transactions due to limited stock and high costs. They explore the ripple effects between residential and commercial sectors and the impact of economic factors on commercial property investment opportunities. The discussion also touches on projected trends in rent, consumer spending behaviour, and the influence of development constraints on market dynamics.