Perth weekly market snapshot for the week ending 5 January 2025

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Sales transactions in Perth last week were down 8 per cent on the previous week, with REIWA members reporting 301 transactions. A closer look shows house sales were down 10.3 per cent compared to the week prior and unit sales were down 9 per cent, while land sales were up 33.3 per cent.

Properties for sale

There were 4,307 properties for sale in Perth at the end of last week, which is 6 per cent lower than the previous week. This can be attributed to house listings decreasing 5.8 per cent compared to the week prior, unit listings decreasing 7.6 per cent and listings for vacant land decreasing 4.2 per cent. Last week’s total figure of properties available for sale is 22.5 per cent lower than four weeks ago but 18.6 per cent higher than levels seen a year ago.

Properties for rent

In Perth’s rental market, REIWA members reported there were 1,934 properties for rent in Perth at the end of last week, which is 7.1 per cent up on the week prior. Last week’s rental listings figure is 14.3 per cent lower than four weeks ago but 6 per cent higher than a year ago.

Past Real Estate Reports

Perth weekly market snapshot for the week ending 12 January 2025

Sales transactions in Perth last week were up 97 per cent on the previous week, with REIWA members reporting 593

Perth weekly market snapshot for the week ending 15 December 2024

Sales transactions in Perth last week were down 13.1 per cent on the previous week, with REIWA members reporting 889

Perth weekly market snapshot for the week ending 8 December 2024

Sales transactions in Perth last week were up 2.5 per cent on the previous week, with REIWA members reporting 1,038