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  • Perth Market Snapshot for the week ending 9 May

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    Sales activity in Perth declined by 11 per cent over the week, with 648 transactions recorded.

    This decline can be attributed to a seven per cent decrease in house sales and a 41 per cent decrease in vacant land sales. In good news, unit sales increased by six per cent over the week.

    Listings for sale

    The total number of properties for sale in Perth remained stable over the week, with 14,872 listings for sale.

    Listings for houses and vacant land were both stable, while unit listings increased by two per cent.

    This week’s listings figure is similar to levels recorded four weeks ago and two 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 was stable over the week, holding at 10,785.

    This is two per cent higher than levels seen four weeks ago and five 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|9 May 2017

    View more Perth metro real estate information.