11 November 2019
Sales activity increased five per cent in Perth this week, with
REIWA members reporting 664 transactions.
This increase can be attributed to a three per cent rise in house sales, a 10 per cent rise in unit sales and a 10 per cent rise in vacant land sales over the week.
Properties for sale
There were 14,246
properties for sale in Perth at the end of this week, which is one per cent more than last week.
A closer
look at listing stock levels shows house listings increased by one per cent, listings for units increased by one per cent and listings for vacant land decreased by one per cent.
This week's total figure is three per cent higher than levels
seen four weeks ago and are 17 per cent lower than the same time last year.
Perth rental market
REIWA members reported there were 6,131
properties for rent in Perth at the end of this week, which is four per cent more than last
week.
This week's rental listings figure is one per cent lower than levels seen four weeks ago, and are 17 per cent lower than levels seen a year ago.
Leasing activity decreased eight per cent in Perth this week, with REIWA members
reporting 944 properties leased.
View our
Perth Market Snapshot graph for a detailed breakdown of the past week.