Sales transactions in Perth last week were up 26.5 per cent on the previous week, with REIWA members reporting 865 transactions. A closer look shows house sales were up 22.9 per cent compared to the week prior, unit sales were up 30.1 per cent and land sales were up 61.8 per cent.
Top performing suburbs – sales
- Baldivis – 18
- Thornlie – 14
- Gosnells – 13
- Perth – 13
- Mandurah – 12
Perth's highest sale price: Dalkeith – $4,930,000
Perth's lowest sale price: Mount Lawley – $325,000
There were 4,790 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 decreasing 1.7 per cent compared to the week prior, while unit listings increased 1 per cent and listings for vacant land increased 9.6 per cent.
Last week's total figure of properties available for sale is 4.5 per cent higher than four weeks ago and 24.1 per cent higher than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,219 properties for rent in Perth at the end of last week, which is 3.6 per cent down on the week prior. Last week's rental listings figure is 22.9 per cent higher than four weeks ago and 13.4 per cent higher than a year ago.
Top performing suburbs – rentals
- Perth – 25
- Maylands – 17
- Baldivis – 15
- Subiaco – 14
- East Perth – 13
REIWA members reported 803 properties leased last week, which is 2.8 per cent higher than the previous week, 250.7 per cent higher than four weeks ago and 35.9 per cent higher than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
