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  • Perth Market Snapshot for the week ending 20 December

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    There was a four per cent decline in sales activity in Perth this week, with 528 transactions recorded.

    This decline, which was likely influenced by the upcoming holiday season, was because of a 10 per cent decrease in house sales.

    Unit sales experienced a notable 26 per cent increase in sales, while vacant land sales were stable.

    Listings for sale

    The total number of properties for sale in Perth declined by two per cent this week to 15,092.

    Listings for all houses, units and vacant land decreased by two, three and two per cent respectively over the week.

    The total number of listings recorded this week is three per cent lower than four weeks ago and two per cent higher than the same time last year.

    Perth rental market

    REIWA members reported that the total number of properties for rent in Perth was stable over the week, holding at 10,506.

    This is one per cent lower than four weeks ago and 13 per cent higher than the same time last year.

    Take a look at the breakdown of the past week:

    Latest Perth Metro Weekly Sales & Rental Figures|20 December 2016

    View more Perth metro real estate information.