The High and The Low: Fremantle’s High Streets have one of Lowest Retail Vacancy rates in Perth

Interesting data released this week on the health of retail in some of Perth’s high streets.

https://thewest.com.au/business/commercial-property/foodie-strips-prop-up-perths-property-sector-ng-b88540595z

  • Beaufort Street in Mt Lawley and Highgate had vacancies of 9 per cent
  • Bay View Terrace in Claremont 10.16 per cent vacancy
  • Subiaco’s Rokeby Road featured nine vacancies on 5.94 per cent of its net lettable area (Hay Street in Subi is reportedly higher again but wasn’t in the study)
  • Cottesloe’s Napoleon Street had a 6.81 per cent vacancy rate.

While the report does not mention Fremantle, internal research shows that know Freo’s Market St & South Tce sit at 5 & 3 per cent respectively (in 2015). City of Fremantle staff have also estimated that our High St in the West Ed would also have a 3 to 5 per cent vacancy rate.

This means Fremantle’s high streets are currently performing better than Subiaco, Cottesloe, Mt Lawley & Claremont.

Only Oxford St in Leederville is performing better than Fremantle.

In these tough economic times we should be proud of that.

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

4 Responses to The High and The Low: Fremantle’s High Streets have one of Lowest Retail Vacancy rates in Perth

  1. Michelle Abbott says:

    Do we have a 2017 figure, I really don’t think 2015 is relevant

  2. Robert says:

    How good are these figurers ? a report several weeks ago was Perth CBD 16% Rockerby Rd 15% Fremantle 10%. all probably also being squad by Pop ups and certainly not including the hidden loss making (like us) hanging on by our nails.
    Yet you want to create more shops!!???
    land lords dont give a rats. Empty shops ,tax loss.

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