Perth weekly market snapshot for the week ending 11 February 2024

Hotline: (+61) 439 112 581

Sales transactions in Perth last week were similar to the previous week, with REIWA members reporting 980 transactions. A closer look shows house sales were similar to the week prior, while unit sales were up 12.8 per cent and land sales were down 17.3 per cent.

Properties for sale

There were 3,956 properties for sale in Perth at the end of last week, which is 2.9 per cent higher than the previous week. This can be attributed to house listings increasing 3.0 per cent, unit listings increasing 3.5 per cent and vacant land listings increasing 1.5 per cent. Last week’s total figure of properties available for sale is 4.3 per cent higher than four weeks ago but 44.6 per cent lower than levels seen a year ago.

Properties for rent

In Perth’s rental market, REIWA members reported there were 1,803 properties for rent in Perth at the end of last week, which is 3.2 per cent lower than the week prior. Last week’s rental listings figure is 7.7 per cent lower than four weeks ago and similar to a year ago. REIWA members reported 691 properties leased last week, which is 8.0 per cent lower than the previous week, 12 per cent higher than four weeks ago and 4.4 per cent higher than a year ago.

Past Real Estate Reports

Perth weekly market snapshot for the week ending 29 September 2024

Sales transactions in Perth last week were down 0.9 per cent on the previous week, with REIWA members reporting 811

Perth weekly market snapshot for the week ending 22 September 2024

Sales transactions in Perth last week were down 4.5 per cent on the previous week, with REIWA members reporting 825

Perth weekly market snapshot for the week ending 15 September 2024

Sales transactions in Perth last week were similar to the previous week, with REIWA members reporting 868 transactions.