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.