WA’s Retail Challenges. A Quick Perth/Freo Comparison

Interesting to see the article on Perth CBD retail vacancies in the Sunday times this week (see below).

It says that 16% or 150 of the city centres 950 shops are currently empty.

Similarly there is a 15%  vacancy rate for Rokeby Road Subiaco according to Lease Equity (November 2015).

I asked our economic development staff how this compared to Fremantle and they said Fremantle is pleasingly tracking better at around 10% of our 541 retail premises vacant as at October 2016.

There is still plenty of work to do to improve the retailing environment in Freo but I thought this was useful to show that it is not uniquely bad in our port city and that we are tracking OK in bringing Freo back to life.

About Mayor of Fremantle Brad Pettitt's blog
City of Fremantle Mayor

One Response to WA’s Retail Challenges. A Quick Perth/Freo Comparison

  1. freoview says:

    A friend arriving back from Europe said he had never seen that many vacant shops in the 15 years he has been going to places like Vienna, so Fremantle is not unique in its retail struggle and definitely not worse than other places, as the Sunday Times article showed.

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