Western Australia boasts stunning beaches, a thriving mining industry, and passionate AFL supporters. However, Perth’s city centre is facing significant challenges as businesses report a lack of foot traffic, leading to numerous empty office spaces. One business owner, Nico, who recently acquired an Italian sandwich shop in the central business district (CBD), highlighted his concerns about the dwindling customer numbers. In just two months, he has witnessed many shops closing and noted the stark contrast to larger cities like Sydney and Melbourne, which remain vibrant, particularly during weekends.
Recent statistics from the Property Council of Australia reveal that Perth now has the second-highest office vacancy rate in the nation, emphasising the urgent need to attract people back to the city. Chamber of Commerce CEO Aaron Morey has weighed in, advocating for revised trading hours to help boost business. He pointed out that Western Australia lags behind other states regarding flexible retail trading hours and argued for a sensible extension rather than full deregulation. The increasing operational costs faced by local businesses, including energy and wage expenses, are compounding these challenges.
The retail situation is even more dire in Fremantle, located about 20 kilometres from Perth. The area has seen significant closures, including the notable Hungry Jack’s on the Cappuccino Strip, which has been vacant for seven years despite redevelopment attempts. Currently, one in five retail spaces in Fremantle is unoccupied, prompting locals to express their dismay over the area’s decline. A resident reflected on childhood memories of a lively Fremantle, contrasting it with today’s more desolate atmosphere.
In response to these issues, the City of Fremantle has reported a recent vacancy rate of 17.7%, a slight improvement from 20.3% in 2022. While the local council is not a homelessness support service, it collaborates with community agencies to address broader social challenges, including homelessness prevention programmes. A development application for the old Hungry Jack’s site has finally been approved, here’s hoping it brings some revitalisation to the area.
In summary, while Western Australia is renowned for its natural beauty and economic drivers, the urban centres, particularly Perth and Fremantle, are grappling with increasing vacancy rates and diminishing foot traffic. Strategies such as revising trading hours and redeveloping vacant spaces may be essential steps towards rejuvenating these pivotal areas.