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  • Perth Market Snapshot for the week ending 23 May

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    Sales activity in Perth increased six per cent this week, with 586 transactions recorded.

    The lift in weekly sales is attributed to a four per cent increase in house sales and a 21 per cent increase in unit sales. Vacant land sales experienced a minor one per cent decline.

    Listings for sale

    The total number of properties for sale in Perth increased by one per cent over the week to 14,994.

    Listings for houses and units both remained stable, while vacant land listings increased by four per cent.

    The total number of listings recorded this week is similar to levels recorded four weeks ago and two per cent lower 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 10,747.

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

    Take a look at the breakdown of the past week:

    Perth Weekly Sales & Rental Figures Graphic|23 May 2017

    View more Perth metro real estate information.