A rare counter-cyclical opportunity exists for patient investors in the office subsector after a $3.19-billion reset in Western Australia’s commercial property market in the 2025-26 financial year, a prominent real estate group says.

End of financial year research by RWC WA found that commercial transaction volumes fell 34.4 per cent to $3.19 billion as higher interest rates, elevated building costs and cautious capital saw buyer activity reduced across every major subsector.

RWC WA managing director Stephen Harrison said the slowdown was driven by a shift in buyer behavior rather than a withdrawal of capital.