Sales transactions in Perth last week were up 4.4 per cent on the previous week, with REIWA members reporting 968 transactions. A closer look shows house sales were up 4.8 per cent compared to the week prior, unit sales were up 3.7 per cent and land sales were up 3 per cent.
Top performing suburbs – sales
- Baldivis – 24
- Rockingham – 15
- Maylands – 14
- Scarborough – 14
- Armadale – 13
Perth's highest sale price: Cottesloe – $4,000,000
Perth's lowest sale price: Wembley – $230,000
There were 3,818 properties for sale in Perth at the end of last week, which is 2.7 per cent higher than the previous week. This can be attributed to house listings increasing 2.7 per cent compared to the week prior, unit listings remaining similar to the previous week and listings for vacant land increasing 9.1 per cent.
Last week's total figure of properties available for sale is 3.4 per cent lower than four weeks ago and 42.5 per cent lower than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,078 properties for rent in Perth at the end of last week, which is 1.6 per cent up on the week prior. Last week's rental listings figure is 12.9 per cent higher than four weeks ago and 3.2 per cent higher than a year ago.
Top performing suburbs – rentals
- East Perth – 19
- Perth – 19
- Alkimos – 13
- Rivervale – 13
- Scarborough – 13
REIWA members reported 644 properties leased last week, which is 2.5 per cent higher than the previous week, 1.1 per cent higher than four weeks ago and 2.7 per cent lower than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
