• Perth Market Snapshot for the week ending 3 July 2022

    New

    Two Black Swans on Swan River: one on shoreline, one floating in the water. Perth cityscape with its modern skyscrapers on background, Western Australia.

    Sales activity increased 1.8 per cent in Perth last week, with REIWA members reporting 903 transactions.

    This can be attributed to a 0.9 per cent decrease in house sales, a 2.7 per cent increase in unit sales and a 25.8 per cent increase in vacant land sales over the week.

    Properties for sale

    There were 8,595 properties for sale in Perth at the end of last week, which is only four less than the previous week. 

    A closer look at listing stock levels shows house listings increased by 1.1 per cent, unit listings decreased by 0.3 per cent and listings for vacant land decreased by 2.6 per cent.

    Last week's total figure is 2.6 per cent higher than four weeks ago and are 1.3 per cent higher than a year ago. 

    Perth rental market

    REIWA members reported there were 2,300 properties for rent in Perth at the end of last week, which is 0.6 per cent less than the previous week.

    Last week's rental listings figure is 1.1 per cent lower than four weeks ago and 18.4 per cent lower than the same time last year.

    Leasing activity increased 1.4 per cent in Perth last week, with REIWA members reporting 674 properties leased.

    View our Perth Market Snapshot graphic for a complete breakdown of the past week.