Sales transactions in Perth last week were up 3 per cent on the previous week, with REIWA members reporting 1,027 transactions. A closer look shows house sales were down 4 per cent compared to the week prior, while unit sales were up 12.1 per cent and land sales were up 58.6 per cent.
Top performing suburbs – sales
- Maylands – 23
- Dianella – 15
- East Perth – 15
- Rockingham – 15
- North Perth – 13
Perth's highest sale price: Menora – $3,900,000
Perth's lowest sale price: Bouvard – $305,000
There were 5,661 properties for sale in Perth at the end of last week, which is similar to the previous week. This can be attributed to house listings and unit listings increasing marginally while listings for vacant land decreased 1.8 per cent.
Last week's total figure of properties available for sale is 13.3 per cent higher than four weeks ago and 18.6 per cent higher than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,199 properties for rent in Perth at the end of last week, which is 1.6 per cent down on the week prior. Last week's rental listings figure is 13.3 per cent higher than four weeks ago and 13.9 per cent higher than a year ago.
Top performing suburbs – rentals
- East Perth – 21
- Baldivis – 17
- Perth – 15
- Scarborough – 13
- Eglinton – 12
REIWA members reported 728 properties leased last week, which is 13 per cent higher than the previous week, 22.1 per cent higher than four weeks ago and 13.2 per cent higher than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
