Sales transactions in Perth last week were up 2.1 per cent on the previous week, with REIWA members reporting 918 transactions. A closer look shows house sales were up 3.8 per cent compared to the week prior, unit sales were down 5.7 per cent and land sales were up 7.4 per cent.
Top performing suburbs – sales
- Baldivis – 17
- Alkimos – 13
- Canning Vale – 13
- Mount Lawley – 12
- Yokine – 12
Perth's highest sale price: North Beach – $4,355,000
Perth's lowest sale price: Armadale – $415,000
There were 2,869 properties for sale in Perth at the end of last week, which is 2.1 per cent lower than the previous week. This can be attributed to house listings decreasing 1.3 per cent compared to the week prior, unit listings increasing 1.9 per cent and listings for vacant land decreasing 11.1 per cent.
Last week's total figure of properties available for sale is 1.7 per cent higher than four weeks ago and 42.6 per cent lower than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,067 properties for rent in Perth at the end of last week, which is 5.1 per cent down on the week prior. Last week's rental listings figure is 5.1 per cent lower than four weeks ago and 6.5 per cent higher than a year ago.
Top performing suburbs – rentals
- Perth – 22
- Alkimos – 17
- Baldivis – 14
- East Perth – 13
- Armadale – 11
REIWA members reported 707 properties leased last week, which is 6.5 per cent higher than the previous week, 24.9 per cent higher than four weeks ago and 19 per cent higher than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
