• Perth market snapshot for the week ending 9 February 2020

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    Perth Market Snapshot For The Week Ending | 9 February 2020 | REIWA

    Sales activity increased 22 per cent in Perth this week, with REIWA members reporting 721 transactions.

    This increase can be attributed to a 22 per cent rise in house sales, a 38 per cent rise in unit sales and a six per cent rise in vacant land sales over the week.

    Properties for sale

    There were 12,618 properties for sale in Perth at the end of this week, which is two per cent more than last week.

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

    This week's total figure is two per cent higher than levels seen four weeks ago, but are 26 per cent lower than levels seen a year ago.

    Perth rental market 

    REIWA members reported there were 5,795 properties for rent in Perth at the end of this week, which is in line with last week. 

    This week's rental listings figure is six per cent lower than levels seen four weeks ago and are 16 per cent lower than levels seen a year ago.

    Leasing activity increased eight per cent in Perth this week, with REIWA members reporting 1,113 properties leased.

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

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