• Perth market snapshot for the week ending 5 April 2020

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    Perth Market Snapshot For The Week Ending | 5 April 2020 | REIWA

    Sales activity decreased 30.5 per cent in Perth this week, with REIWA members reporting 287 transactions.

    This decrease can be attributed to a 21.6 per cent fall in house sales, 48.6 per cent fall in unit sales and 30.5 per cent decrease in vacant land sales over the week.

    Properties for sale

    There were 12,356 properties for sale in Perth at the end of this week, which is 1.8 per cent lower than last week.

    A closer look at listing stock levels shows house listings decreased by two per cent, units decreased by 2.5 per cent and vacant land stabilised.

    This week's total figure for properties listed for sale is 1.36 per cent lower than levels seen four weeks ago and is 27 per cent lower than levels seen a year ago.

    Perth rental market 

    REIWA members reported there were 5,496 properties for rent in Perth at the end of this week, which is 1.5 per cent more than last week. 

    This week's rental listings figure is 1.38 per cent lower than levels seen four weeks ago and is 19 per cent lower than levels seen a year ago.

    Leasing activity decreased 17.5 per cent in Perth this week, with REIWA members reporting 827 properties leased.

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

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