• Perth Market Snapshot for the week ending 13 March

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    After declining last week off the back of the Labour Day long weekend, sales activity in Perth rebounded strongly this week, lifting 25 per cent to record 637 reported transactions.

    This increase is attributed to a 23 per cent increase in house sales, a 34 per cent increase in unit sales, and a 29 per cent increase in vacant land sales.

    Listings for sale

    There were 14,479 properties for sale in Perth this week, with house, unit and land listings increasing two, three and one per cent respectively.

    Listings levels this week are four per cent higher than four weeks ago and three per cent lower than the same time last year.

    Perth rental market

    REIWA members reported there were 8,523 properties for rent in Perth.

    This week’s listings figure is similar to levels recorded four weeks ago and 19 per cent lower than the same time last year.

    Take a look at the breakdown of the past week:

    photo-market-snapshot-13-march-2018

    View more Perth Metro property data and real estate information.