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  • Perth Market Snapshot for the week ending 7 February

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    There was a 21 per cent increase in sales activity this week, with 688 transactions recorded.

    The lift in sales following last week’s dip, can be attributed to a 28 per cent increase in house sales, a 25 per cent increase in unit sales, and a 13 per cent increase in vacant land sales.

    Listings for sale

    The total number of properties for sale in Perth this week increased two per cent to 14,607.

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

    The total number of listings recorded this week is four per cent higher than four weeks ago and one 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 this week was similar to last week, with 10,457 listings recorded.

    This figure is four per cent lower than four weeks ago and 11 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|7 February 2017

    View more Perth metro property market information.