Sales transactions in Perth last week were up 10.8 per cent on the previous week, with REIWA members reporting 951 transactions. A closer look shows house sales were up 9.4 per cent compared to the week prior and unit sales were up 32.4 per cent while land sales were down 28 per cent.
Top performing suburbs – sales
- Baldivis – 20
- Perth – 17
- Scarborough – 15
- Como – 14
- East Perth – 14
Perth's highest sale price: Mount Pleasant – $3,125,000
Perth's lowest sale price: Mandurah – $355,000
There were 5,047 properties for sale in Perth at the end of last week, which is 1.6 per cent higher than the previous week. This can be attributed to house listings increasing 2.9 per cent compared to the week prior, unit listings decreasing 2.6 per cent and listings for vacant land increasing 2.6 per cent.
Last week's total figure of properties available for sale is similar to four weeks ago but 27.1 per cent higher than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,130 properties for rent in Perth at the end of last week, which is 2.1 per cent up on the week prior. Last week's rental listings figure is 3.6 per cent higher than four weeks ago and 17.3 per cent higher than a year ago.
Top performing suburbs – rentals
- Perth – 25
- East Perth – 15
- Mandurah – 11
- Scarborough – 10
- West Perth – 10
REIWA members reported 628 properties leased last week, which is 14.4 per cent higher than the previous week, 14.3 per cent lower than four weeks ago and 4 per cent higher than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
