Perth weekly market snapshot for the week ending 12 Nov 2023

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Sales transactions in Perth last week were 12.7 per cent lower than the previous week, with REIWA members reporting 1,010 transactions. A closer look shows house sales were down 4.9 per cent on the week prior, unit sales were down 12.9 per cent and vacant land sales were down 47.5 per cent.

Properties for sale

There were 4,903 properties for sale in Perth at the end of last week, which is 1.1 per cent higher than the previous week. This can be attributed to listings for houses increasing 4.2 per cent while unit listings decreased 2.3 per cent and vacant land listings decreased 1.9 per cent. Last week’s total figure of properties available for sale is 2.6 per cent lower than four weeks ago and 41.5 per cent lower than levels seen a year ago.

Properties for rent

In Perth’s rental market, REIWA members reported there were 1,824 properties for rent in Perth at the end of last week, which is 4.9 per cent higher than the week prior. Last week’s rental listings figure is 7.9 per cent higher than four weeks ago and 2.9 per cent higher than a year ago. REIWA members reported 563 properties leased last week, which is 9.3 per cent lower than the previous week, similar to four weeks ago and 9.8 per cent lower than a year ago.

Past Real Estate Reports

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

Perth weekly market snapshot for the week ending 27 April 2025

The property market was impacted significantly last week with two public holidays coinciding with school holidays.