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