Sales transactions in Perth last week were up 4.6 per cent on the previous week, with REIWA members reporting 658 transactions. A closer look shows house sales were up 12.4 per cent compared to the week prior and unit sales were up 25.8 per cent while land sales were down 54.1 per cent.
Top performing suburbs - sales
- Byford - 11
- Yokine - 11
- Scarborough - 10
- Baldivis - 9
- Subiaco - 9
Perth's highest sale price: Claremont - $1,650,000
Perth's lowest sale price: East Perth - $500,000
There were 6,777 properties for sale in Perth at the end of last week, which is 4.1 per cent higher than the previous week. This can be attributed to house listings increasing 5.0 per cent compared to the week prior, unit listings increasing 1.8 per cent and listings for vacant land increasing 3.0 per cent.
Last week's total figure of properties available for sale is 10.8 per cent higher than four weeks ago and 100.9 per cent higher than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,231 properties for rent in Perth at the end of last week, which was unchanged from the week prior. Last week's rental listings figure is 0.9 per cent lower than four weeks ago and 7.0 per cent lower than a year ago.
Top performing suburbs - rentals
- Baldivis - 23
- Perth - 15
- West Perth - 13
- Belmont - 11
- Maylands - 9
REIWA members reported 554 properties leased last week, which is 11.2 per cent lower than the previous week, 25.5 per cent lower than four weeks ago and 19.7 per cent lower than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
