• Perth market snapshot for the week ending 4 August 2019

    New

    photo_perth_city_swan_river_ferry


    Sales activity increased 23 per cent in Perth this week, with REIWA members reporting 635 transactions compared to 521 last week. 

    This increase can be attributed to a 12 per cent rise in house sales, a 47 per cent rise in unit sales and a substantial rise in vacant land sales over the week.

    Listings for sale

    There were 14,242 properties for sale in Perth at the end of this week, which is three per cent less than last week. 

    A closer look at listing stock levels shows house and vacant land listings decreased by three per cent, whilst listings for units decreased by two per cent. 

    This week's total figure is three per cent lower than levels seen four weeks ago, and are eight per cent lower than levels seen a year ago.

    Perth rental market

    REIWA members reported there were 7,020 properties for rent in Perth at the end of this week, which is three per cent less than last week. 

    This week's rental listings figure is five per cent lower than levels seen four weeks ago and are 18 per cent lower than levels seen a year ago.

    View our  Perth Market Snapshot graph for a detailed breakdown of the past week.