Perth market snapshot for the week ending 28 May 2023

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Sales transactions remained relatively stable in Perth last week, with REIWA members reporting 938 transactions. A closer look shows house sales decreased by 3.6 per cent, unit sales remained relatively stable, and vacant land sales increased by 40.0 per cent.

Properties for sale

There were 5,890 properties for sale in Perth at the end of last week, which is 1.3 per cent lower than the previous week. This can be attributed to listings for houses decreasing by 2.0 per cent, listings for units remaining relatively stable and listings for land decreasing by 1.3 per cent. Last week’s total figure of properties available for sale is 8.7 per cent lower than levels seen four weeks ago and 30.9 per cent lower than levels seen a year ago.

Properties for rent

In Perth’s rental market, REIWA members reported there were 1,970 properties for rent in Perth at the end of last week, which is an increase of 5.0 per cent compared with the previous week. Last week’s rental listings figure is 1.9 per cent lower than four weeks ago and 14.9 per cent lower than a year ago. REIWA members reported 686 properties leased last week, which is 16.3 per cent higher than the previous week, 26.8 per cent higher than four weeks ago and relatively stable compared to levels seen a year ago.

Past Real Estate Reports

Perth weekly market snapshot for the week ending 24 May 2026

Sales transactions in Perth last week were down 4.6 per cent on the previous week, with REIWA members reporting 687

Perth weekly market snapshot for the week ending 6 July 2025

Sales transactions in Perth last week were up 12.2 per cent on the previous week, with REIWA members reporting 1,000

Perth weekly market snapshot for the week ending 18 May 2025

Sales transactions in Perth last week were up 2.1 per cent on the previous week, with REIWA members reporting 923