Perth Market Snapshot for the week ending 27 June 2021

Sales activity increased three per cent in Perth last week, with REIWA members reporting 896 transactions.

This increase can be attributed to a one per cent decline in house sales, a one per cent increase in unit sales and a 52 per cent increase in vacant land sales.

Properties for sale

There were 8,953 properties for sale in Perth at the end of last week, which is one per cent less than the previous week.

A closer look at listing stock levels shows listings for houses, units and vacant land all decreased by one per cent during the week.

Last week’s total figure is three per cent lower than four weeks ago and 19 per cent lower than a year ago.

Perth rental market

REIWA members reported there were 2,819 properties for rent in Perth at the end of last week, which is one per cent less than the previous week.

Last week’s rental listings figure is one per cent lower than four weeks ago and 30 per cent lower than a year ago.

Quarterly median price data

Data in this graph is revised periodically as more transactions settle. The latest quarterly house, unit and land sales are an estimate.

Listing and rental trends

Data in this graph includes the latest quarterly sales listings with average selling days for the Perth Metro region and median weekly rents with vacancy rates for houses and units. The preliminary median weekly rent and vacancy rate figures are an estimate.