Sales transactions in Perth last week were up 17.4 per cent on the previous week, with REIWA member reporting 615 transactions. A closer look shows house sales were up 19.0 per cent compared to the week prior and and unit sales were up 20.0 per cent while land sales were unchanged.
Top performing suburbs - sales
- Baldivis - 10
- Eglinton - 10
- Gosnells - 9
- Byford - 8
- Clarkson - 8
Perth's highest sale price: Gwelup - $2,225,000
Perth's lowest sale price: Furnissdale - $399,000
There were 8,289 properties for sale in Perth at the end of last week, which is 3.4 per cent higher than the previous week. This can be attributed to house listings increasing 3.4 per cent compared to the week prior, unit listings increasing 4.3 per cent and listings for vacant land increasing 1.9 per cent.
Last week's total figure of properties available for sale is 9.6 per cent higher than four weeks ago and 198.2 per cent higher than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 1,992 properties for rent in Perth at the end of last week, which is 1.1 per cent higher than the week prior. Last week's rental listings figure is 1.8 per cent lower than four weeks ago and 11.3 per cent lower than a year ago.
Top performing suburbs - rentals
- Perth - 21
- Baldivis - 18
- East Perth - 17
- Yanchep - 11
- Scarborough - 10
REIWA members reported 625 properties leased last week, which is 37.7 per cent higher than the previous week, 1.1 per cent higher than four weeks ago and 3.3 per cent higher than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.
