Perth weekly market snapshot for the week ending 25 February 2024

Hotline: (+61) 439 112 581

Sales transactions in Perth last week were up 6.7 per cent on the previous week, with REIWA members reporting 1,010 transactions. A closer look shows house sales were up 6.0 per cent compared to the week prior and unit sales were up 11.3 per cent, while land sales were down 1.3 per cent.

Properties for sale

There were 4,101 properties for sale in Perth at the end of last week, which is 1.5 per cent higher than the previous week. This can be attributed to house and vacant land listings remaining similar to the previous week, while unit listings increased 4.7 per cent. Last week’s total figure of properties available for sale is 6.2 per cent higher than four weeks ago but 44.0 per cent lower than levels seen a year ago.

Properties for rent

In Perth’s rental market, REIWA members reported there were 1,733 properties for rent in Perth at the end of last week, which is similar to the week prior. Last week’s rental listings figure is 11.4 per cent lower than four weeks ago but 1.2 per cent higher than a year ago. REIWA members reported 597 properties leased last week, which is similar to four weeks ago but 9.1 per cent lower than the previous week and 8.6 per cent lower 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.