Sales transactions in Perth last week were down 3.1 per cent on the previous week, with REIWA members reporting 852 transactions. A closer look shows house sales were down 2.7 per cent compared to the week prior, unit sales were down 2.1 per cent and land sales were down 10.2 per cent.
Top performing suburbs – sales
- Baldivis – 21
- Perth – 17
- Rivervale – 12
- Armadale – 11
- Como – 11
Perth's highest sale price: Attadale – $4,600,000
Perth's lowest sale price: Mount Lawley – $405,000
There were 2,832 properties for sale in Perth at the end of last week, which is 1.9 per cent higher than the previous week. This can be attributed to house listings increasing 3.8 per cent compared to the week prior while unit listings decreased 1.4 per cent and listings for vacant land decreased 1 per cent.
Last week's total figure of properties available for sale is 3.3 per cent lower than four weeks ago and 40.4 per cent lower than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,243 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 5.8 per cent higher than four weeks ago and 14.7 per cent higher than a year ago.
Top performing suburbs – rentals
- Baldivis – 23
- Perth – 12
- Rivervale – 12
- Brabham – 11
- South Perth – 11
REIWA members reported 637 properties leased last week, which is 4.3 per cent higher than the previous week, 4.6 per cent lower than four weeks ago and 6.3 per cent higher than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
