Sales transactions in Perth last week were similar to the previous week, with REIWA members reporting 685 transactions. A closer look shows house sales were down 3.1 per cent compared to the week prior while unit sales were up 3.9 per cent and land sales were up 35.7 per cent.
Top performing suburbs - sales
- Morley - 14
- Scarborough - 13
- Baldivis - 12
- Como - 10
- Mandurah - 9
Perth's highest sale price: Bedfordale - $1,800,000
Perth's lowest sale price: Mandurah - $425,000
There were 5,330 properties for sale in Perth at the end of last week, which is 4.8 per cent higher than the previous week. This can be attributed to house listings increasing 5.1 per cent compared to the week prior and unit listings increasing 5.6 per cent while listings for vacant land remained relatively stable.
Last week's total figure of properties available for sale is 19.5 per cent higher than four weeks ago and 25.4 per cent higher than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,320 properties for rent in Perth at the end of last week, which is similar to the week prior. Last week's rental listings figure is 3.9 per cent higher than four weeks ago but 2.3 per cent lower than a year ago.
Top performing suburbs - rentals
- Baldivis - 19
- Perth - 17
- Alkimos - 12
- Byford - 12
- Eglinton - 12
REIWA members reported 624 properties leased last week, which is 3.7 per cent lower than the previous week, 13.2 per cent higher than four weeks ago and 0.8 per cent lower than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
