Perth Property Market Update (Perth Metro) | Latest REIWA Data

According to the most recent Perth metro update from REIWA, here’s what’s happening in the Perth property market: REIWA

Weekly Sales Activity

• Houses sold: 544

• Units sold: 159

• Land sold: 60

• Total sales this week: 763

• This is slightly below four weeks ago (813) and below the same week last year (945). REIWA

Properties Listed for Sale

• Houses listed: 2,216

• Units listed: 692

• Land listed: 371

• Total listings this week: 3,279

• Listings are up from four weeks ago (2,867) but lower than this time last year (5,076). REIWA

Rental Market

• Houses rented this week: 334

• Units rented this week: 156

• Houses available for rent: 1,348

• Units available for rent: 600

• Available rentals have increased compared with four weeks ago, but remain below the same week last year. REIWA

Top Selling Suburbs This Week

North of the River:

• Ellenbrook – 12 sales

• Morley – 12 sales

• Perth – 10 sales

• Scarborough – 10 sales

South of the River:

• Baldivis – 16 sales

• Byford – 9 sales

• Canning Vale – 8 sales

• Belmont – 8 sales 

  REIWA

What This Means for You

• Buyers: There’s more choice than this time last year, but competition still exists for well-priced homes.

• Sellers: Properties that are priced right and marketed well continue to attract interest.

• Renters/Investors: Rental stock is increasing compared with recent weeks, offering more options — though demand remains solid.

Stay tuned for weekly updates as the Perth market continues to evolve. For more detailed insights, visit REIWA’s Perth metro market page.  REIWA